Registered Number
:
04089713
|
For the year ended 31 December 2017
England and Wales
Report of the Director and Unaudited Financial Statements
For the year ended 31 December 2017
Body Beauty By Bernice
Contents Page
2
Director's Report
3
Income Statement
4
Statement of Financial Position
5 to 7
Notes to the Financial Statements
For the year ended 31 December 2017
Body Beauty By Bernice
Company Information
Bernice Fitz-Barton
Director
04089713
20 HIgh Street
Wootton Bassett
Swindon
SN4 7AA
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For the year ended 31 December 2017
Body Beauty By Bernice
Director's Report
The director presents his report and accounts for the year ended 31 December 2017.
The principal activity of the company continued to be that of a beauty salon
Director
The director who served the company throughout the year was as follows:
Bernice Fitz-Barton
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
20 May 2018
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For the year ended 31 December 2017
Body Beauty By Bernice
Income Statement
2016
2017
56,928
60,164
(28,923)
(26,219)
31,241
Gross profit
30,709
(13,572)
(14,718)
Operating profit
17,137
16,523
Other interest receivable and similar income
|
-
5
17,137
16,528
Profit before taxation
(3,226)
(3,310)
13,911
Profit for the financial year
13,218
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Body Beauty By Bernice
Statement of Financial Position
2016
2017
1
1
2
Property
,
plant and equipment
|
601
801
3
602
802
4,000
4,000
4
Trade and other receivables
|
23
76
5
3,297
Cash and cash equivalents
|
2,794
6,870
7,320
Trade and other payables
:
amounts falling due within one
|
year
|
(4,489)
(4,539)
6
2,831
2,331
Net current assets
Total assets less current liabilities
|
2,933
3,633
(49)
(160)
Provisions for liabilities
|
2,884
Net assets
3,473
1
1
2,883
3,472
2,884
3,473
Shareholders' funds
For the year ended 31 December 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
These financial statements were approved and authorised for issue by the Board on 20 May 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 December 2017
Body Beauty By Bernice
Notes to the Financial Statements
Statutory Information
Body Beauty By Bernice is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
04089713
.
|
20 HIgh Street
Wootton Bassett
Swindon
SN4 7AA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
|
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
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.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 December 2017
Body Beauty By Bernice
Notes to the Financial Statements Continued
2
.
Intangible fixed assets
|
Goodwill
7,000
7,000
6,999
6,999
1
1
3
.
Property
,
plant and equipment
|
12,259
11,897
362
362
11,897
12,259
Provision for depreciation and impairment
|
11,458
11,300
158
Charge for year
200
149
51
11,658
11,449
209
153
448
601
204
597
801
2016
2017
4,000
4,000
5
.
Trade and other receivables
|
2016
2017
76
23
6 of 7
For the year ended 31 December 2017
Body Beauty By Bernice
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
(1)
-
Taxation and social security
|
3,445
3,489
1,095
1,000
4,539
4,489
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