Sunshades at Serenity Beauty Clinic Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04429410 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2021

for

Sunshades at Serenity Beauty Clinic Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K Ford

Miss K Jackson

SECRETARY:

REGISTERED OFFICE:

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

REGISTERED NUMBER:

04429410 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

4

8,769

11,703

CURRENT ASSETS

Stocks

-

500

Debtors

5

-

3,569

Cash at bank and in hand

8,288

8,821

8,288

12,890

CREDITORS

Amounts falling due within one year

6

6,570

5,314

NET CURRENT ASSETS

1,718

7,576

TOTAL ASSETS LESS CURRENT LIABILITIES

10,487

19,279

CREDITORS

Amounts falling due after more than one year

7

(2,298

)

(6,194

)

PROVISIONS FOR LIABILITIES

(1,666

)

(1,830

)

NET ASSETS

6,523

11,255

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,521

11,253

SHAREHOLDERS' FUNDS

6,523

11,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 July 2021 and were signed on its behalf by:

Mrs K Ford - Director

1.	STATUTORY INFORMATION

Sunshades at Serenity Beauty Clinic Ltd 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

Equipment

Totals

£

£

£

COST

At 1 May 2020

and 30 April 2021

23,443

1,000

24,443

DEPRECIATION

At 1 May 2020

11,852

888

12,740

Charge for year

2,897

37

2,934

At 30 April 2021

14,749

925

15,674

NET BOOK VALUE

At 30 April 2021

8,694

75

8,769

At 30 April 2020

11,591

112

11,703

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Loan Account Serenity Beauty Clinic Ltd

-

3,569

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Hire purchase contracts

3,888

3,888

Trade Creditors

1

-

Tax

655

326

Other creditors

1,431

-

Directors Loan Accounts

33

538

Accrued Expenses

562

562

6,570

5,314

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.21

30.4.20

£

£

Hire purchase contracts

2,298

6,194

8.	RELATED PARTY DISCLOSURES