Contour Beauty Aesthetics Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11165669 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022

FOR

CONTOUR BEAUTY AESTHETICS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

Ms C M L Hutchison

Registered office:

21 New Walk

Leicester

LE1 6TE

Registered number:

11165669 (England and Wales)

Accountants:

Sturgess Hutchinson

Chartered Certified Accountants

21 New Walk

Leicester

LE1 6TE

Fixed assets

Tangible assets

4

12,632

14,073

Current assets

Stocks

210

175

Cash at bank

20,097

4,782

20,307

4,957

Creditors

Amounts falling due within one year

5

14,377

6,835

Net current assets/(liabilities)

5,930

(1,878

)

Total assets less current liabilities

18,562

12,195

Creditors

Amounts falling due after more than one year

6

(10,000

)

(10,000

)

Provisions for liabilities

(477

)

(524

)

Net assets

8,085

1,671

Capital and reserves

Called up share capital

10

10

Retained earnings

8,075

1,661

8,085

1,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2022 and were signed by:

Ms C M L Hutchison - Director

1.	Statutory information

Contour Beauty Aesthetics Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	Employees and directors

The average number of employees during the year was 1 (2021 - 1 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 February 2021

15,601

Additions

379

At 31 January 2022

15,980

Depreciation

At 1 February 2021

1,528

Charge for year

1,820

At 31 January 2022

3,348

Net book value

At 31 January 2022

12,632

At 31 January 2021

14,073

5.

Creditors: amounts falling due within one year

2022

2021

£

£

Trade creditors

456

166

Taxation and social security

2,301

474

Other creditors

11,620

6,195

14,377

6,835

6.

Creditors: amounts falling due after more than one year

2022

2021

£

£

Other creditors

10,000

10,000