Beauty Bar (Kettering) Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08240060 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

Beauty Bar (Kettering) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A S Kazi

SECRETARY:

Z H Kazi

REGISTERED OFFICE:

41 Kingsbridge Road

Southall

Middlesex

UB2 5RT

REGISTERED NUMBER:

08240060 (England and Wales)

ACCOUNTANTS:

Soneji & Co Ltd

20 Egerton Close

Pinner

Middlesex

HA5 2LP

FIXED ASSETS

Tangible assets

4

1,487

6,138

CURRENT ASSETS

Stocks

650

650

Debtors

5

776

19,386

Cash at bank and in hand

34,573

22,663

35,999

42,699

CREDITORS

Amounts falling due within one year

6

12,975

18,051

NET CURRENT ASSETS

23,024

24,648

TOTAL ASSETS LESS CURRENT LIABILITIES

24,511

30,786

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

24,411

30,686

SHAREHOLDERS' FUNDS

24,511

30,786

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 26 July 2018 and were signed by:

Mrs A S Kazi - Director

1.	STATUTORY INFORMATION

Beauty Bar (Kettering) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2016

and 31 October 2017

18,200

DEPRECIATION

At 1 November 2016

12,062

Charge for year

4,651

At 31 October 2017

16,713

NET BOOK VALUE

At 31 October 2017

1,487

At 31 October 2016

6,138

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Other debtors

776

19,386

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans and overdrafts

1,225

-

Taxation and social security

2,168

3,516

Other creditors

9,582

14,535

12,975

18,051