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REGISTERED NUMBER: 07245663 (England and Wales)















Absolute Skincare Limited

Unaudited Financial Statements

For The Period 1 June 2016 to 30 September 2016






Absolute Skincare Limited (Registered number: 07245663)






Contents of the Financial Statements
For The Period 1 June 2016 to 30 September 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Absolute Skincare Limited

Company Information
For The Period 1 June 2016 to 30 September 2016







DIRECTOR: Mrs S Jessop





REGISTERED OFFICE: 9 Old Swann Court
Stevenage
Hertfordshire
SG1 3WB





REGISTERED NUMBER: 07245663 (England and Wales)





ACCOUNTANTS: Streets ISA Limited
Building 15
Gateway 1000
Arlington Business Park
Stevenage
Hertfordshire
SG1 2FP

Absolute Skincare Limited (Registered number: 07245663)

Balance Sheet
30 September 2016

2016 2016
Notes £    £   
FIXED ASSETS
Tangible assets 3 2,566 2,340

CURRENT ASSETS
Stocks 92,000 81,500
Debtors 4 6,306 5,664
Cash at bank 520 18,104
98,826 105,268
CREDITORS
Amounts falling due within one year 5 (1,000 ) (1,000 )
NET CURRENT ASSETS 97,826 104,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,392

106,608

CREDITORS
Amounts falling due after more than one
year

6

(240,122

)

(231,034

)
NET LIABILITIES (139,730 ) (124,426 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (139,830 ) (124,526 )
SHAREHOLDERS' FUNDS (139,730 ) (124,426 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2016 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.

Absolute Skincare Limited (Registered number: 07245663)

Balance Sheet - continued
30 September 2016


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 2017 and were signed by:





Mrs S Jessop - Director


Absolute Skincare Limited (Registered number: 07245663)

Notes to the Financial Statements
For The Period 1 June 2016 to 30 September 2016

1. STATUTORY INFORMATION

Absolute Skincare Limited 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.

The financial statements have been prepared on the going concern basis. The director Mrs S Jessop believes that
this is applicable as the company is able to meet all of its day to day working capital requirements using a loan
from her self. She has confirmed that she will not seek repayment until the company has returned to profitability.

Turnover
The turnover shown in the profit and loss account represents goods sold during the year, exclusive of Value
Added Tax. Income is recognised on despatch.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% 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.

3. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2016 740 4,708 2,993 8,441
Additions - - 1,003 1,003
At 30 September 2016 740 4,708 3,996 9,444
DEPRECIATION
At 1 June 2016 521 2,670 2,910 6,101
Charge for period 55 305 417 777
At 30 September 2016 576 2,975 3,327 6,878
NET BOOK VALUE
At 30 September 2016 164 1,733 669 2,566
At 31 May 2016 219 2,038 83 2,340

Absolute Skincare Limited (Registered number: 07245663)

Notes to the Financial Statements - continued
For The Period 1 June 2016 to 30 September 2016

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2016
£    £   
Other debtors 2,000 2,000
VAT 4,306 2,703
Prepayments - 961
6,306 5,664

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2016
£    £   
Accrued expenses 1,000 1,000

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2016 2016
£    £   
Other loans - 1-2 years 13,000 11,884
Directors' loan accounts 227,122 219,150
240,122 231,034

7. RELATED PARTY DISCLOSURES

At the period end the company owed the director Mrs S Jessop £227,122 (2016 - £219,150).

During the period the company received loans of £1,116 (2016 - £2,000) from The House of Belgravia Limited,
a company controlled by Mrs S Jessop. At the period end the company owed The House of Belgravia Limited
£13,000 (2016 - £11,884).

No further transactions with related parties were undertaken such as are required to be disclosed under the
Section 1A "Small Entities" of Financial Reporting Standard 102.

8. ULTIMATE CONTROLLING PARTY

The company was under the control of Mrs S Jessop throughout the current and previous year. Mrs S Jessop is
the only shareholder.

9. TRANSITION TO FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1
June 2015.

No transitional adjustments were required in equity or profit or loss for the year.