Skin Associates (Holdings) Limited Filleted accounts for Companies House (small and micro)
Skin Associates (Holdings) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08756662
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STATEMENT OF FINANCIAL POSITION |
2022 |
2021 |
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Note |
£ |
£ |
Fixed assets
Investments |
4 |
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Current assets
Debtors |
5 |
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Creditors: amounts falling due within one year |
6 |
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------- |
------- |
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Net current liabilities |
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------- |
------- |
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Total assets less current liabilities |
(
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(
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------- |
------- |
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Net liabilities |
(
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(
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------- |
------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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------- |
------- |
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Shareholders deficit |
(
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(
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------- |
------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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STATEMENT OF FINANCIAL POSITION (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
25 August 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
08756662
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 28 FEBRUARY 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 168 Church Road, Hove, East Sussex, BN3 2DL, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
The financial statements have been prepared under the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends upon the continuing support of the company's connected companies and directors.
If the company were unable to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the balance sheet values of the assets to their recoverable amounts and to provide for further liabilities that might arise. The directors believe that it is appropriate for the financial statements to be prepared on the going concern basis.
Judgements and key sources of estimation uncertainty
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Financial instruments
4.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 March 2021 and 28 February 2022 |
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---- |
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Impairment |
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At 1 March 2021 and 28 February 2022 |
– |
---- |
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Carrying amount |
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At 28 February 2022 |
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---- |
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At 28 February 2021 |
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---- |
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5.
Debtors
2022 |
2021 |
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£ |
£ |
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Other debtors |
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---- |
---- |
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6.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Other creditors |
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------- |
------- |
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------- |
------- |
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7.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
Balance brought forward and outstanding |
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2022 |
2021 |
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£ |
£ |
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---- |
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8.
Related party transactions
The company was under the control of Mr F Dilazzaro throughout the current period. Mr F Dilazzaro is the managing director and majority shareholder. The company holds 100% of the share capital of Skin Associates Limited and Skin Associates (Medical) Limited. As at 28th February 2022 the directors owed the company £100 (2021 - £100). As at 28th February 2022 the company owed £34,723 (2021 - £20,723)to Skin Associates Limited. As at 28th February 2022 the company was owed £33,900 by Skin Associates (Medical) Limited (2021 - £19,900).