PB Cosmetic Surgery Limited Filleted accounts for Companies House (small and micro)
PB Cosmetic Surgery Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08178274
|
|
|
|
STATEMENT OF FINANCIAL POSITION |
2021 |
2020 |
|
Note |
£ |
£ |
Fixed assets
Intangible assets |
5 |
|
|
Tangible assets |
6 |
|
|
Investments |
7 |
|
|
---------- |
---------- |
||
|
|
||
Current assets
Debtors |
8 |
|
|
Cash at bank and in hand |
|
|
|
---------- |
---------- |
||
|
|
||
Creditors: amounts falling due within one year |
9 |
|
|
---------- |
---------- |
||
Net current assets |
|
|
|
---------- |
---------- |
||
Total assets less current liabilities |
|
|
|
Creditors: amounts falling due after more than one year |
10 |
|
– |
Provisions
Taxation including deferred tax |
|
|
---------- |
---------- |
|
Net assets |
|
|
---------- |
---------- |
|
|
STATEMENT OF FINANCIAL POSITION (continued) |
2021 |
2020 |
|
Note |
£ |
£ |
Capital and reserves
Called up share capital |
|
|
Profit and loss account |
|
|
---------- |
---------- |
|
Shareholders funds |
|
|
---------- |
---------- |
|
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
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
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
21 July 2021
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
08178274
|
NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 JANUARY 2021
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, BN2 2DL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
No material uncertainties, that may cast significant doubt about the ability of the company to continue as a going concern, have been identified by the director.
The director considers that the uncertainty caused in the cosmetic medical industry as a result of Coronavirus and the restrictions put in place by the government should not materially affect the company's ability to continue as a going concern.
The company has taken advantage of the Covid Business Interruption loan, and the HMRC furlough scheme, as appropriate and will continue to review and monitor costs as the situation develops.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures, fittings & equipment |
- |
|
|
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.
Investments in associates
Investments in joint ventures
Impairment of fixed assets
Provisions
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
6
(2020:
7
).
5.
Intangible assets
Goodwill |
|
£ |
|
Cost |
|
At 1 February 2020 and 31 January 2021 |
|
---------- |
|
Amortisation |
|
At 1 February 2020 |
|
Charge for the year |
|
---------- |
|
At 31 January 2021 |
|
---------- |
|
Carrying amount |
|
At 31 January 2021 |
|
---------- |
|
At 31 January 2020 |
|
---------- |
|
6.
Tangible assets
Equipment |
Total |
|
£ |
£ |
|
Cost |
||
At 1 February 2020 |
|
|
Additions |
|
|
---------- |
---------- |
|
At 31 January 2021 |
|
|
---------- |
---------- |
|
Depreciation |
||
At 1 February 2020 |
|
|
Charge for the year |
|
|
---------- |
---------- |
|
At 31 January 2021 |
|
|
---------- |
---------- |
|
Carrying amount |
||
At 31 January 2021 |
|
|
---------- |
---------- |
|
At 31 January 2020 |
|
|
---------- |
---------- |
|
7.
Investments
Shares in group undertakings |
|
£ |
|
Cost |
|
At 1 February 2020 and 31 January 2021 |
|
---- |
|
Impairment |
|
At 1 February 2020 and 31 January 2021 |
– |
---- |
|
Carrying amount |
|
At 31 January 2021 |
|
---- |
|
At 31 January 2020 |
|
---- |
|
8.
Debtors
2021 |
2020 |
|
£ |
£ |
|
Trade debtors |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
|
Other debtors |
|
|
---------- |
---------- |
|
|
|
|
---------- |
---------- |
|
9.
Creditors:
amounts falling due within one year
2021 |
2020 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
Trade creditors |
|
|
Corporation tax |
|
|
Other creditors |
|
|
---------- |
---------- |
|
|
|
|
---------- |
---------- |
|
10.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
---------- |
---- |
|
11.
12.
Related party transactions
The company was under the control of
Mr P E Banwell
throughout the current period. Mr P E Banwell
is the sole director and shareholder. No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.