Tanned Up Ltd

Contents
	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC719091

		31 January 2023
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		34,542

			34,542
CURRENT ASSETS
Cash at bank and in hand		20,434

		20,434
Creditors: Amounts Falling Due Within One Year	6	(79,952 )

NET CURRENT ASSETS (LIABILITIES)			(59,518 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(24,976 )

NET LIABILITIES			(24,976 )

CAPITAL AND RESERVES
Called up share capital	7		2
Profit and Loss Account			(24,978 )

SHAREHOLDERS' FUNDS			(24,976)

For the period ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Jaye McGowan

Director

04/10/2023

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Tanned Up Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC719091 . The registered office is 35b Ballindean Rd, Dundee, DD4 8NN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20%
Computer Equipment	15%

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 4

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 7 January 2022	-	-	-
Additions	42,000	1,108	43,108

As at 31 January 2023	42,000	1,108	43,108

Depreciation
As at 7 January 2022	-	-	-
Provided during the period	8,400	166	8,566

As at 31 January 2023	8,400	166	8,566

Net Book Value
As at 31 January 2023	33,600	942	34,542

As at 7 January 2022	-	-	-

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Page 3

Tanned Up Ltd

Notes to the Financial Statements (continued)

For the Period 7 January 2022 to 31 January 2023

5. Debtors

	31 January 2023
	£
Due within one year

6. Creditors: Amounts Falling Due Within One Year

	31 January 2023
	£
Trade creditors	1
Accruals and deferred income	2,500
Directors' loan accounts	77,451

	79,952

7. Share Capital

	31 January 2023
Allotted, Called up and fully paid	2

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