Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | 2022 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Intangible assets | 3 | ||||||
Tangible assets | 4 | ||||||
Current assets | |||||||
Stocks | |||||||
Debtors | 5 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 6 | ( |
( |
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Net current assets | |||||||
Total assets less current liabilities | |||||||
Creditors: amounts falling due after more than one year | 7 | ( |
( |
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Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | |||||||
Shareholder's funds | |||||||
Ria Shah | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Government grants | ||||||||
Grants received during the year from the government are recognised as other income. This income is recognised when the application is made to the local authority after receiving confirmation of entitlement from them. There would either be a debtor, a deferred income or no balance due recognised depending upon when the cash was received from the local authority. There are two types of grants received in the year include the Small Business Grant Fund (SBGF). SBGF is recognised on an accrual basis. Cash payments are received from local council to which the company usually pays business rates. | ||||||||
Tangible fixed assets | ||||||||
Fixtures, fittings, tools and equipment | 20% reducing balance | |||||||
Stocks | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Provisions | ||||||||
Leased assets | ||||||||
Pensions | ||||||||
Functional and presentation currency | ||||||||
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency. | ||||||||
Employee benefits | ||||||||
Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy. |
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Going concern | ||||||||
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and director and has adequate resources to continue in operational existence for the foreseeable future. | ||||||||
2 | Employees | 2023 | 2022 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Intangible fixed assets | £ | ||||||
Goodwill: | ||||||||
Cost | ||||||||
At 1 February 2022 | ||||||||
At 31 January 2023 | ||||||||
Amortisation | ||||||||
At 31 January 2023 | - | |||||||
Net book value | ||||||||
At 31 January 2023 | ||||||||
At 31 January 2022 | ||||||||
4 | Tangible fixed assets | |||||||
Land and buildings | Fixtures, fittings, tools and equipment | Total | ||||||
£ | £ | £ | ||||||
Cost | ||||||||
At 1 February 2022 | ||||||||
Additions | - | |||||||
Disposals | - | ( |
( |
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At 31 January 2023 | ||||||||
Depreciation | ||||||||
At 1 February 2022 | - | |||||||
Charge for the year | - | |||||||
On disposals | - | ( |
( |
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At 31 January 2023 | - | |||||||
Net book value | ||||||||
At 31 January 2023 | ||||||||
At 31 January 2022 | ||||||||
5 | Debtors | 2023 | 2022 | |||||
£ | £ | |||||||
Other debtors | ||||||||
6 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
£ | £ | |||||||
Bank loans and overdrafts | ||||||||
Trade creditors | ||||||||
Corporation tax | - | |||||||
Other taxes and social security costs | ||||||||
Other creditors | ||||||||
7 | Creditors: amounts falling due after one year | 2023 | 2022 | |||||
£ | £ | |||||||
Bank loans | ||||||||
8 | Related party transactions | |||||||
9 | Controlling party | |||||||
10 | Other information | |||||||
R & S Beauty Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
25 Kingsland Shopping Centre | ||||||||
London | ||||||||
E8 2LX |