Company Registration No. 09666470 (England and Wales)
Coastal Skinthetics Limited
Unaudited accounts
for the year ended 31 July 2019
Coastal Skinthetics Limited
Unaudited accounts
Contents
Coastal Skinthetics Limited
Company Information
for the year ended 31 July 2019
Director
Alison Tracy CULLEN
Company Number
09666470 (England and Wales)
Registered Office
C/O EP Tax
Unit 2H Castledown Business Park
Ludgershall
Hampshire
SP11 9FA
England
Coastal Skinthetics Limited
Statement of financial position
as at
31 July 2019
Intangible assets
41,788
41,788
Tangible assets
11,902
16,170
Cash at bank and in hand
26,056
40,696
Creditors: amounts falling due within one year
(7,383)
(21,648)
Net current assets
28,141
28,701
Total assets less current liabilities
81,831
86,659
Creditors: amounts falling due after more than one year
-
(1,295)
Called up share capital
4
4
Share premium
37,500
37,500
Profit and loss account
44,327
47,860
Shareholders' funds
81,831
85,364
For the year ending 31 July 2019 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 October 2019.
Alison Tracy CULLEN
Director
Company Registration No. 09666470
Coastal Skinthetics Limited
Notes to the Accounts
for the year ended 31 July 2019
Coastal Skinthetics Limited is a private company, limited by shares, registered in England and Wales, registration number 09666470. The registered office is C/O EP Tax, Unit 2H Castledown Business Park, Ludgershall, Hampshire, SP11 9FA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Intangible fixed assets
Goodwill
Coastal Skinthetics Limited
Notes to the Accounts
for the year ended 31 July 2019
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2018
22,982
2,933
25,915
At 31 July 2019
22,982
3,489
26,471
At 1 August 2018
8,085
1,660
9,745
Charge for the year
4,021
803
4,824
At 31 July 2019
12,106
2,463
14,569
At 31 July 2019
10,876
1,026
11,902
At 31 July 2018
14,897
1,273
16,170
Raw materials
9,468
9,130
8
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
6,549
8,889
Loans from directors
-
7,228
9
Creditors: amounts falling due after more than one year
2019
2018
Taxes and social security
-
1,295
10
Average number of employees
During the year the average number of employees was 1 (2018: 1).