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REGISTERED NUMBER: 08510573 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Cosmetic Courses Limited

Cosmetic Courses Limited (Registered number: 08510573)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Cosmetic Courses Limited

Company Information
for the Year Ended 31 December 2019







DIRECTORS: C J P Savin
A Richards
Mrs H Richards





SECRETARY: Mrs H Richards





REGISTERED OFFICE: Unit E3, Regent Park
Princes Estate
Summerleys Road
Princes Risborough
Buckinghamshire
HP27 9LE





REGISTERED NUMBER: 08510573 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Cosmetic Courses Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and
the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Cosmetic Courses Limited for the year ended 31 December 2019 which comprise the Profit and
Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting
records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cosmetic Courses Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cosmetic Courses Limited and state those matters that we have agreed to state to the Board of Directors of Cosmetic Courses Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cosmetic Courses Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cosmetic Courses Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cosmetic Courses Limited. You consider that Cosmetic Courses Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cosmetic Courses Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Cosmetic Courses Limited (Registered number: 08510573)

Balance Sheet
31 December 2019

31/12/19 31/12/18
Notes £    £   
FIXED ASSETS
Intangible assets 4 250,186 261,000
Tangible assets 5 123,196 91,483
373,382 352,483

CURRENT ASSETS
Stocks 42,807 16,740
Debtors 6 1,076,062 962,654
Cash at bank 78,949 192,313
1,197,818 1,171,707
CREDITORS
Amounts falling due within one year 7 (599,044 ) (609,120 )
NET CURRENT ASSETS 598,774 562,587
TOTAL ASSETS LESS CURRENT LIABILITIES 972,156 915,070

CREDITORS
Amounts falling due after more than one
year

8

(44,444

)

-
NET ASSETS 927,712 915,070

CAPITAL AND RESERVES
Called up share capital 1,028 1,018
Share premium 47,471 26,200
Retained earnings 879,213 887,852
SHAREHOLDERS' FUNDS 927,712 915,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cosmetic Courses Limited (Registered number: 08510573)

Balance Sheet - continued
31 December 2019


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2020 and were
signed on its behalf by:





C J P Savin - Director


Cosmetic Courses Limited (Registered number: 08510573)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

Cosmetic Courses 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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 - 25% on cost and 20% 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 of current tax. Tax is recognised in the Profit and Loss Account, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 22 (2018 - 19 ) .

Cosmetic Courses Limited (Registered number: 08510573)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2019 360,000 - 360,000
Additions - 8,750 8,750
At 31 December 2019 360,000 8,750 368,750
AMORTISATION
At 1 January 2019 99,000 - 99,000
Charge for year 18,000 1,564 19,564
At 31 December 2019 117,000 1,564 118,564
NET BOOK VALUE
At 31 December 2019 243,000 7,186 250,186
At 31 December 2018 261,000 - 261,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2019 216,318
Additions 71,756
Disposals (840 )
At 31 December 2019 287,234
DEPRECIATION
At 1 January 2019 124,835
Charge for year 39,646
Eliminated on disposal (443 )
At 31 December 2019 164,038
NET BOOK VALUE
At 31 December 2019 123,196
At 31 December 2018 91,483

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/19 31/12/18
£    £   
Trade debtors 877,802 780,460
Other debtors 198,260 182,194
1,076,062 962,654

Cosmetic Courses Limited (Registered number: 08510573)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/19 31/12/18
£    £   
Bank loans and overdrafts 33,333 -
Trade creditors 180,159 94,786
Taxation and social security 42,041 103,117
Other creditors 343,511 411,217
599,044 609,120

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/19 31/12/18
£    £   
Bank loans 44,444 -