Accounts Submission

Accounts Submission

SILK AESTHETICS LTD - Company Information

Print Friendly Version

SILK AESTHETICS LTD

Company Registration Number:
10615416 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

Page 1

SILK AESTHETICS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2019

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 9

Page 2

SILK AESTHETICS LTD

Company Information

for the Period Ended 31 March 2019




Director: Heather walker
Carolyn Dawson
Registered office: 4-6
Theydon Park Road
Theydon Bois
Epping
GBR
CM16 7LW
Company Registration Number: 10615416 (England and Wales)

Page 3

SILK AESTHETICS LTD

Directors' Report Period Ended 31 March 2019

The directors present their report with the financial statements of the company for the period ended 31 March 2019

Directors

The directors shown below have held office during the whole of the period from 01 April 2018 to 31 March 2019
Heather walker
Carolyn Dawson

This report was approved by the board of directors on 10 December 2019
And Signed On Behalf Of The Board By:

Name: Heather walker
Status: Director

Page 4

SILK AESTHETICS LTD

Profit and Loss Account

for the Period Ended 31 March 2019


Notes
2019
£		 14 months to
31 Mar 2018
£
Turnover 48,418 4,448
Cost of sales (47,080) (12,074)
Gross Profit or (Loss) 1,338 (7,626)
Distribution Costs (0) (0)
Administrative Expenses (8,803) (8,928)
Other operating income 0 0
Operating Profit or (Loss) (7,465) (16,554)
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges (0) (0)
Profit or (Loss) Before Tax (7,465) (16,554)
Tax on Profit (0) (0)
Profit or (Loss) for Period (7,465) (16,554)

The notes form part of these financial statements

Page 5

SILK AESTHETICS LTD

Balance sheet

As at 31 March 2019


Notes
2019
£		 14 months to
31 Mar 2018
£
Fixed assets
Intangible assets: 2 100 50
Tangible assets: 3 622 80
Total fixed assets: 722 130
Current assets
Stocks: 2,563
Debtors: 4 0 0
Cash at bank and in hand: 1,465 940
Total current assets: 4,028 940
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 0 ) ( 0 )
Net current assets (liabilities): 4,028 940
Total assets less current liabilities: 4,750 1,070
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 4,750 1,070

The notes form part of these financial statements

Page 6

SILK AESTHETICS LTD

Balance sheet continued

As at 31 March 2019


Notes
2019
£		 14 months to
31 Mar 2018
£
Capital and reserves
Called up share capital: 4,750 1,070
Revaluation reserve: 6 0 0
Profit and loss account: 0
Shareholders funds: 4,750 1,070

For the year ending 31 March 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 December 2019
And Signed On Behalf Of The Board By:

Name: Heather walker
Status: Director

The notes form part of these financial statements

Page 7

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    I have counted all stock by hand, using the invoices to check the price paid. I have used the bank statements to log the for revenue and spend and each month have allocated the spend against the item

Page 8

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Intangible assets

Other Total
Cost £ £
At 01 April 2018 50 50
Additions 50 50
Disposals (0) (0)
Revaluations 0 0
Transfers 0 0
At 31 March 2019 100 100
Amortisation
Amortisation at 01 April 2018 0 0
Charge for year 0 0
On disposals (0) (0)
Other adjustments 0 0
Amortisation at 31 March 2019 0 0
Net book value
Net book value at 31 March 2019 100 100
Net book value at 31 March 2018 50 50

The only tangible asset is the trademark and website we bought. The value has risen due to our good reviews and therefore the value is estimated.

Page 9

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 April 2018 80 80
Additions 542 542
Disposals (0) (0)
Revaluations 0 0
Transfers 0 0
At 31 March 2019 622 622
Depreciation
At 01 April 2018 0 0
Charge for year 0 0
On disposals (0) (0)
Other adjustments 0 0
At 31 March 2019 0 0
Net book value
At 31 March 2019 622 622
At 31 March 2018 80 80

Purchased a set of drawers, a screen and a carpet

Page 10

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Debtors


2019
£		 14 months to
31 Mar 2018
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

Page 11

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

5.Creditors: amounts falling due within one year note


2019
£		 14 months to
31 Mar 2018
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

Page 12

SILK AESTHETICS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

6. Revaluation reserve


2019
£
Balance at 01 April 2018 0
Surplus or deficit after revaluation 0
Balance at 31 March 2019 0

there has been no change of note to the assets

Page 13