Jws Aesthetics Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12330326 (England and Wales)

Financial Statements for the Year Ended 30th November 2022

for

Jws Aesthetics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L Henry-Smith

J Smith

REGISTERED OFFICE:

Ty Camlas

Sunlea Crescent

New Inn

Pontypool

Gwent

NP4 8AD

REGISTERED NUMBER:

12330326 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,267

875

CURRENT ASSETS

Debtors

5

12,631

1,622

Cash at bank

9,956

26,082

22,587

27,704

CREDITORS

Amounts falling due within one year

6

21,286

25,166

NET CURRENT ASSETS

1,301

2,538

TOTAL ASSETS LESS CURRENT LIABILITIES

2,568

3,413

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

2,548

3,393

2,568

3,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2022 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 and Directors report has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th August 2023 and were signed on its behalf by:

J Smith - Director

1.	STATUTORY INFORMATION

Jws Aesthetics 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement and Directors report, 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 NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st December 2021

1,167

Additions

708

At 30th November 2022

1,875

DEPRECIATION

At 1st December 2021

292

Charge for year

316

At 30th November 2022

608

NET BOOK VALUE

At 30th November 2022

1,267

At 30th November 2021

875

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

12,631

1,622

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

19,155

21,280

Trade creditors

-

1

Taxation and social security

599

898

Other creditors

1,532

2,987

21,286

25,166