Modern Aesthetic Solutions Limited,Ltd - AccountsLtd - Accounts

Modern Aesthetic Solutions Limited,Ltd - AccountsLtd - Accounts

MODERN AESTHETIC SOLUTIONS LTD - Company Information

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2021-02-01 07900755 2022-01-31 07900755 2021-02-01 2022-01-31 07900755 2021-01-31 07900755 2020-02-01 2021-01-31 07900755 uk-core:WithinOneYear 2021-01-31 07900755 uk-core:WithinOneYear 2022-01-31 07900755 uk-core:ShareCapital 2022-01-31 07900755 uk-core:ShareCapital 2021-01-31 07900755 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 07900755 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 07900755 uk-bus:Director1 2021-02-01 2022-01-31 07900755 uk-core:WithinOneYear 2022-01-31 07900755 uk-core:WithinOneYear 2021-01-31 iso4217:GBP xbrli:pure 07900755 uk-bus:AuditExempt-NoAccountantsReport 2021-02-01 2022-01-31 07900755 uk-bus:FRS102 2021-02-01 2022-01-31 07900755 uk-bus:FullAccounts 2021-02-01 2022-01-31 07900755 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31
Modern Aesthetic Solutions Limited
Registered Number:07900755
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2022
Modern Aesthetic Solutions Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07900755
As at 31 January 2022
Modern Aesthetic Solutions Limited
Statement of Financial Position
£
£
2021
2022
Notes
Current assets
Inventories
1,865
2,115
2
Trade and other receivables
14,655
13,476
3
60,877
Cash and cash equivalents
71,775
87,366
77,397
Trade and other payables: amounts falling due within one
year
(73,943)
(75,657)
4
3,454
11,709
Net current assets
Total assets less current liabilities
11,709
3,454
11,709
Net assets
3,454
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
10,709
2,454
11,709
3,454
Shareholders' funds
For the year ended 31 January 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Adam Rubens Director
These financial statements were approved and authorised for issue by the Board on 28 October 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2022
Modern Aesthetic Solutions Limited
Notes to the Financial Statements
Statutory Information
Modern Aesthetic Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07900755.
Principal place of business:
Flying Pig House
Elstree Aerodrome
Elstree
Hertfordshire
WD6 3AW
Registered address:
39 Steeple Close
West Canford Heath
Poole
BH17 9BJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. Inventories
2021
2022
£
£
Stocks
2,115
1,865
3. Trade and other receivables
2021
2022
£
£
Trade debtors
13,476
14,655
2 of 3
5
For the year ended 31 January 2022
Modern Aesthetic Solutions Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Bank loans and overdraft
50,000
50,000
Trade creditors
11,391
12,836
Taxation and social security
7,999
9,787
Other creditors
6,267
1,320
75,657
73,943
5. Average number of persons employed
During the year the average number of employees was 2 (2021 : 2)
3 of 3