Company Registration No. 09666470 (England and Wales)
Coastal Skinthetics Limited
Unaudited accounts
for the year ended 31 July 2023
Coastal Skinthetics Limited
Unaudited accounts
Contents
Coastal Skinthetics Limited
Company Information
for the year ended 31 July 2023
Director
Alison Tracy CULLEN
Company Number
09666470 (England and Wales)
Registered Office
c/o EP Tax
Unit 2D Castledown Business Park
Ludgershall , Andover
Wiltshire
SP11 9FA
UK
Coastal Skinthetics Limited
Statement of financial position
as at 31 July 2023
Intangible assets
25,073
29,251
Tangible assets
18,397
12,096
Cash at bank and in hand
22,864
91,571
Creditors: amounts falling due within one year
(28,296)
(74,486)
Net current assets
8,897
42,811
Total assets less current liabilities
52,367
84,158
Creditors: amounts falling due after more than one year
(26,134)
(34,396)
Called up share capital
4
4
Share premium
37,500
37,500
Profit and loss account
(11,271)
12,258
Shareholders' funds
26,233
49,762
For the year ending 31 July 2023 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.
The financial statements were approved by the Board and authorised for issue on 25 January 2024 and were signed on its behalf by
Alison Tracy CULLEN
Director
Company Registration No. 09666470
Coastal Skinthetics Limited
Notes to the Accounts
for the year ended 31 July 2023
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 2D Castledown Business Park, Ludgershall , Andover, Wiltshire, SP11 9FA, UK.
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 2023
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2022
33,681
4,067
37,748
Disposals
(23,892)
(367)
(24,259)
At 31 July 2023
21,488
3,700
25,188
At 1 August 2022
21,376
4,276
25,652
Charge for the year
1,811
450
2,261
On disposals
(20,755)
(367)
(21,122)
At 31 July 2023
2,432
4,359
6,791
At 31 July 2023
19,056
(659)
18,397
At 31 July 2022
12,305
(209)
12,096
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
804
10,665
Loans from directors
20,000
50,089
Deferred income
6,000
5,623
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).