River Aesthetics Ltd - Accounts to registrar (filleted) - small 18.2
River Aesthetics Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2018 |
| FOR |
| RIVER AESTHETICS LTD |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31st January 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| RIVER AESTHETICS LTD |
| COMPANY INFORMATION |
| for the Year Ended 31st January 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 1 City Road East |
| Manchester |
| M15 4PN |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| BALANCE SHEET |
| 31st January 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| BALANCE SHEET - continued |
| 31st January 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by and authorised for issue by the Board of Directors on were signed on its behalf by: |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31st January 2018 |
| 1. | STATUTORY INFORMATION |
| River Aesthetics Limited is a private company limited by share capital, incorporated in England and Wales, |
| registration number 08383923. The address of the registered office is 1 City Road East, Manchester, M15 4PN. |
| The principal place of business is 25 Haven Road, Poole, BH13 7LE. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured as the fair value of the consideration received or receivable, excluding value added tax. |
| The following criteria must also be met before revenue is recognised: |
| - the amount of revenue can be measured reliably; |
| - it is probable that the company will receive the consideration due under the contract; |
| - the stage of completion of the contract at the end of the reporting period can be measured reliably; and |
| - the costs incurred and the costs to complete the contract can be measured reliably. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated |
| impairment losses. |
| The company assesses at each reporting date whether tangible fixed assets are impaired. |
| Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their |
| estimated useful lives, using the following methods: |
| Plant and machinery 20% reducing balance |
| Computer Equipment 25% straight line |
| Fixtures & Fittings 20% reducing balance |
| Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant |
| change since the last annual reporting date in the pattern by which the company expects to consume an asset's |
| future economic benefits. |
| Stocks |
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based |
| on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and |
| attributable overheads. |
| At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is |
| reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in |
| profit or loss. |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st January 2018 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital |
| element of the future payments is treated as a liability. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to profit or loss in the period to which they relate. |
| Trade and other debtors/creditors |
| Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade |
| and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent |
| to initial recognition they are measured at amortised cost using the effective interest method, less any |
| impairment losses in the case of trade debtors. |
| Cash and cash equivalents |
| Cash and cash equivalents comprise cash at bank and in hand. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st January 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st February 2017 |
| Additions |
| At 31st January 2018 |
| DEPRECIATION |
| At 1st February 2017 |
| Charge for year |
| At 31st January 2018 |
| NET BOOK VALUE |
| At 31st January 2018 |
| At 31st January 2017 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| COST |
| At 1st February 2017 |
| Additions |
| At 31st January 2018 |
| DEPRECIATION |
| At 1st February 2017 |
| Charge for year |
| At 31st January 2018 |
| NET BOOK VALUE |
| At 31st January 2018 |
| At 31st January 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Trade debtors |
| Other debtors |
| RIVER AESTHETICS LTD (REGISTERED NUMBER: 08383923) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st January 2018 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2018 | 2017 |
| £ | £ |
| Hire purchase contracts | 183,046 | 7,796 |
| The hire purchase creditor is secured on the assets to which it relates. |