Company Registration No. 05950684 (England and Wales)
Bellapierre Cosmetics Limited
Unaudited accounts
for the year ended 31 December 2019
Bellapierre Cosmetics Limited
Unaudited accounts
Contents
Bellapierre Cosmetics Limited
Company Information
for the year ended 31 December 2019
Directors
G Scetbon
D Orencyr
Company Number
05950684 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Bellapierre Cosmetics Limited
Statement of financial position
as at 31 December 2019
Tangible assets
79,576
97,752
Inventories
336,363
377,314
Cash at bank and in hand
1,117,762
1,082,753
Creditors: amounts falling due within one year
(314,884)
(506,269)
Net current assets
1,718,014
1,621,324
Net assets
1,797,590
1,719,076
Called up share capital
100
100
Profit and loss account
1,797,490
1,718,976
Shareholders' funds
1,797,590
1,719,076
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2020 and were signed on its behalf by
G Scetbon
Director
Company Registration No. 05950684
Bellapierre Cosmetics Limited
Notes to the Accounts
for the year ended 31 December 2019
Bellapierre Cosmetics Limited is a private company, limited by shares, registered in England and Wales, registration number 05950684. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Bellapierre Cosmetics Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2019
111,023
74,849
185,872
At 31 December 2019
112,741
74,849
187,590
At 1 January 2019
49,080
39,040
88,120
Charge for the year
12,732
7,162
19,894
At 31 December 2019
61,812
46,202
108,014
At 31 December 2019
50,929
28,647
79,576
At 31 December 2018
61,943
35,809
97,752
Finished goods
336,363
377,314
Trade debtors
159,646
272,053
Other debtors
400,046
385,657
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Creditors: amounts falling due within one year
2019
2018
Trade creditors
109,758
292,580
Taxes and social security
140,800
167,195
Other creditors
5,561
39,729
Loans from directors
53,565
765
8
Transactions with related parties
Included within other creditors is an amount of £53,565 (2018: £765) due to the directors of the company.
9
Average number of employees
During the year the average number of employees was 6 (2018: 8).
