Rejuven8 Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: SC361264 (Scotland)

Financial Statements

for the Year Ended 31 December 2016

for

Rejuven8 Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs S M Burgess-Lock

REGISTERED OFFICE:

Blue Square House

272 Bath Street

Glasgow

G2 4JR

REGISTERED NUMBER:

SC361264 (Scotland)

ACCOUNTANTS:

Read Woodruff

Chartered Accountants

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

FIXED ASSETS

Property, plant and equipment

4

9,925

11,677

CURRENT ASSETS

Inventories

3,895

3,675

Debtors

5

16,475

6,503

20,370

10,178

CREDITORS

Amounts falling due within one year

6

46,407

39,791

NET CURRENT LIABILITIES

(26,037

)

(29,613

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(16,112

)

(17,936

)

PROVISIONS FOR LIABILITIES

1,810

1,445

NET LIABILITIES

(17,922

)

(19,381

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(18,022

)

(19,481

)

SHAREHOLDERS' FUNDS

(17,922

)

(19,381

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 28 September 2017 and were signed by:

Mrs S M Burgess-Lock - Director

1.	STATUTORY INFORMATION

Rejuven8 Limited is a private company, limited by shares , registered in Scotland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2016

and 31 December 2016

5,906

32,884

38,790

DEPRECIATION

At 1 January 2016

4,440

22,673

27,113

Charge for year

220

1,532

1,752

At 31 December 2016

4,660

24,205

28,865

NET BOOK VALUE

At 31 December 2016

1,246

8,679

9,925

At 31 December 2015

1,466

10,211

11,677

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

16,475

6,503

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

17,006

20,475

Taxation and social security

11,999

6,753

Other creditors

17,402

12,563

46,407

39,791

7.	FIRST YEAR ADOPTION

There were no transitional adjustments to make to the accounts as a result of the first year adoption of

Financial Reporting Standard 102.