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Company registration number: SC613292
Bay Kutz Beauty Ltd
Unaudited filleted financial statements
30 November 2021
Bay Kutz Beauty Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Bay Kutz Beauty Ltd
Directors and other information
Directors Eileen Galbraith
Company number SC613292
Registered office Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
Business address Unit 3
Moray Way North
Dalgety Bay
Fife
KY11 9HN
Accountants John Lynch & Co
Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
Bay Kutz Beauty Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Bay Kutz Beauty Ltd
Year ended 30 November 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bay Kutz Beauty Ltd for the year ended 30 November 2021 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the board of directors of Bay Kutz Beauty Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bay Kutz Beauty Ltd and state those matters that we have agreed to state to the board of directors of Bay Kutz Beauty Ltd as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bay Kutz Beauty Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Bay Kutz Beauty Ltd 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 loss of Bay Kutz Beauty Ltd. You consider that Bay Kutz Beauty Ltd 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 Bay Kutz Beauty Ltd. 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.
John Lynch & Co
Chartered Accountants
Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU
29 August 2022
Bay Kutz Beauty Ltd
Statement of financial position
30 November 2021
2021 2020
£ £
Fixed assets 310 387
_______ _______
Current assets 2,986 3,774
Creditors: amounts falling due within one year ( 2,514) ( 2,026)
_______ _______
Net current assets 472 1,748
_______ _______
Total assets less current liabilities 782 2,135
Accruals and deferred income ( 547) ( 905)
_______ _______
Net assets 235 1,230
_______ _______
Capital and reserves 235 1,230
_______ _______
Bay Kutz Beauty Ltd
Year ended 30 November 2021
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2020: 1 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2021
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Eileen Galbraith 659 ( 1,177) ( 518)
Laura Primrose - - -
_______ _______ _______
2020
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Eileen Galbraith 1,181 ( 522) 659
Laura Primrose ( 440) 440 -
_______ _______ _______
741 ( 82) 659
_______ _______ _______
For the year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 29 August 2022 , and are signed on behalf of the board by:
Eileen Galbraith
Director
Company registration number: SC613292
The company is a private company limited by shares, registered in Scotland.