Sunshades at Serenity Beauty Clinic Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 04429410 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2023

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

6,570

6,570

CURRENT ASSETS

Debtors

5

12,217

12,217

Cash at bank and in hand

2,710

2,710

14,927

14,927

CREDITORS

Amounts falling due within one year

6

15,229

15,229

NET CURRENT LIABILITIES

(302

)

(302

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,268

6,268

PROVISIONS FOR LIABILITIES

1,298

1,298

NET ASSETS

4,970

4,970

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,968

4,968

SHAREHOLDERS' FUNDS

4,970

4,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 22 February 2024 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

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 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

Equipment

Totals

£

£

£

COST

At 1 June 2022

and 31 May 2023

23,443

1,000

24,443

DEPRECIATION

At 1 June 2022

and 31 May 2023

16,923

950

17,873

NET BOOK VALUE

At 31 May 2023

6,520

50

6,570

At 31 May 2022

6,520

50

6,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Directors Loan Accounts

12,217

12,217

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Tax

88

88

Other creditors

14,579

14,579

Accrued Expenses

562

562

15,229

15,229

7.	RELATED PARTY DISCLOSURES