Company Registration No. 11346773 (England and Wales)
Dermafinity Permanent Cosmetics Ltd
Unaudited accounts
for the year ended 31 May 2023
Dermafinity Permanent Cosmetics Ltd
Unaudited accounts
Contents
Dermafinity Permanent Cosmetics Ltd
Company Information
for the year ended 31 May 2023
Company Number
11346773 (England and Wales)
Registered Office
22 WOBURN
BIDDICK
WASHINGTON
TYNE AND WEAR
NE38 7JX
UNITED KINGDOM
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
Dermafinity Permanent Cosmetics Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
3,944
3,219
Cash at bank and in hand
27,253
76,331
Creditors: amounts falling due within one year
(20,816)
(63,755)
Net current assets
6,437
12,576
Total assets less current liabilities
10,381
15,795
Creditors: amounts falling due after more than one year
(4,689)
(9,367)
Called up share capital
100
100
Profit and loss account
5,592
6,328
Shareholders' funds
5,692
6,428
For the year ending 31 May 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 10 October 2023 and were signed on its behalf by
S Robinson
Director
Company Registration No. 11346773
Dermafinity Permanent Cosmetics Ltd
Notes to the Accounts
for the year ended 31 May 2023
Dermafinity Permanent Cosmetics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11346773. The registered office is 22 WOBURN, BIDDICK, WASHINGTON, TYNE AND WEAR, NE38 7JX, UNITED KINGDOM.
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.
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
15% on the reducing balance
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
3,926
-
3,926
At 31 May 2023
3,926
1,549
5,475
Charge for the year
483
341
824
At 31 May 2023
1,190
341
1,531
At 31 May 2023
2,736
1,208
3,944
At 31 May 2022
3,219
-
3,219
Dermafinity Permanent Cosmetics Ltd
Notes to the Accounts
for the year ended 31 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,339
-
Taxes and social security
8,108
7,433
Loans from directors
9,349
53,736
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).