Just Gorgeous Ltd - Period Ending 2022-12-31

Just Gorgeous Ltd

Contents

Profit and Loss Account	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Just Gorgeous Ltd

Profit and Loss Account for the Year Ended 31 December 2022

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Just Gorgeous Ltd

(Registration number: 04545821)
Balance Sheet as at 31 December 2022

	Note	2022 £	2021 £
Current assets
Stocks	2	9,418	9,418
Debtors	3	32	32
Cash at bank and in hand		58	58
		9,508	9,508
Creditors: Amounts falling due after more than one year		(27,290)	(27,290)
Net liabilities		(17,782)	(17,782)
Capital and reserves
Called up share capital	5	1	1
Retained earnings		(17,783)	(17,783)
Shareholders' deficit		(17,782)	(17,782)

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 26 September 2023
 

......................................... Ms Arabella Atlee Director

Just Gorgeous Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

2

Stocks

	2022 £	2021 £
Other inventories	9,418	9,418

3

Debtors

Current	2022 £	2021 £
Trade debtors	32	32

4	Cash and cash equivalents

	2022 £	2021 £
Cash at bank	58	58

Just Gorgeous Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

5	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary of £1 each	1	1	1	1

6	Loans and borrowings

	2022 £	2021 £
Non-current loans and borrowings
Other borrowings	27,290	27,290

7	Related party transactions

Transactions with the director

2022	At 1 January 2022 £	At 31 December 2022 £
Ms Arabella Atlee
Directors loan account	(27,970)	(27,970)

2021	At 1 January 2021 £	At 31 December 2021 £
Ms Arabella Atlee
Directors loan account	(27,970)	(27,970)