Philip Jeffrey Skin Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12897047 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Philip Jeffrey Skin Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

Philip J Prile

REGISTERED OFFICE:

50 Oakfield Road

Blacon

Chester

CH1 5AQ

REGISTERED NUMBER:

12897047 (England and Wales)

ACCOUNTANTS:

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

FIXED ASSETS

Tangible assets

4

13,087

13,350

CURRENT ASSETS

Stocks

600

508

Debtors

5

5,341

-

Cash at bank

877

251

6,818

759

CREDITORS

Amounts falling due within one year

6

16,656

11,468

NET CURRENT LIABILITIES

(9,838

)

(10,709

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,249

2,641

PROVISIONS FOR LIABILITIES

7

2,487

2,537

NET ASSETS

762

104

CAPITAL AND RESERVES

Called up share capital

8

1

Retained earnings

761

103

SHAREHOLDERS' FUNDS

762

104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 May 2026 and were signed by:

Philip J Prile - Director

1.	STATUTORY INFORMATION

Philip Jeffrey Skin Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 October 2023

11,648

5,319

1,327

18,294

Additions

2,159

-

2,159

At 30 September 2024

13,807

5,319

1,327

20,453

DEPRECIATION

At 1 October 2023

1,797

1,933

1,214

4,944

Charge for year

1,802

508

112

2,422

At 30 September 2024

3,599

2,441

1,326

7,366

NET BOOK VALUE

At 30 September 2024

10,208

2,878

1

13,087

At 30 September 2023

9,851

3,386

113

13,350

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Directors' current accounts

5,341

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Tax

14,000

8,530

Social security and other taxes

969

61

Other creditors

-

44

Wages account

668

-

Directors' current accounts

-

1,007

Accrued expenses

1,019

1,826

16,656

11,468

7.	PROVISIONS FOR LIABILITIES

30.9.24

30.9.23

£

Deferred tax

2,487

2,537

Deferred

tax

£

Balance at 1 October 2023

2,537

Credit to Income Statement during year

(50

)

Balance at 30 September 2024

2,487

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

1

Ordinary

£1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24

30.9.23

£

Philip J Prile

Balance outstanding at start of year

(1,007

)

-

Amounts advanced

66,047

-

Amounts repaid

(59,699

)

(1,007

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

5,341

(1,007

)

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £27,000 were paid to the director .

The director (Philip Prile) owes the company as at 30 September 2024 £5,340.66.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

11 May 2026