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REGISTERED NUMBER: 07416879 (England and Wales)
















































Financial Statements

for the Year Ended 25 February 2023

for

Elpradas Hair & Nails Limited

Elpradas Hair & Nails Limited (Registered number: 07416879)






Contents of the Financial Statements
for the Year Ended 25 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Elpradas Hair & Nails Limited

Company Information
for the Year Ended 25 February 2023







DIRECTOR: R I Feldmanis





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 07416879 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Elpradas Hair & Nails Limited (Registered number: 07416879)

Balance Sheet
25 February 2023

25.2.23 25.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,264 15,889

CURRENT ASSETS
Stocks 270 250
Debtors 5 1,891 1,558
Cash at bank 2,678 482
4,839 2,290
CREDITORS
Amounts falling due within one year 6 5,717 7,352
NET CURRENT LIABILITIES (878 ) (5,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,386

10,827


PROVISIONS FOR LIABILITIES 578 3,019

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,708 7,708
SHAREHOLDERS' FUNDS 13,808 7,808
14,386 10,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Elpradas Hair & Nails Limited (Registered number: 07416879)

Balance Sheet - continued
25 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2023 and were signed by:





R I Feldmanis - Director


Elpradas Hair & Nails Limited (Registered number: 07416879)

Notes to the Financial Statements
for the Year Ended 25 February 2023

1. STATUTORY INFORMATION

Elpradas Hair & Nails 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Not provided
Plant and machinery etc - 25% on cost and 15% on reducing balance

Stocks
Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage of manufacture or completion.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2022 - 3 ) .

Elpradas Hair & Nails Limited (Registered number: 07416879)

Notes to the Financial Statements - continued
for the Year Ended 25 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 26 February 2022
and 25 February 2023 12,224 14,297 26,521
DEPRECIATION
At 26 February 2022 - 10,632 10,632
Charge for year - 625 625
At 25 February 2023 - 11,257 11,257
NET BOOK VALUE
At 25 February 2023 12,224 3,040 15,264
At 25 February 2022 12,224 3,665 15,889

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.2.23 25.2.22
£    £   
Other debtors 1,891 1,558

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.2.23 25.2.22
£    £   
Trade creditors 90 910
Other creditors 5,627 6,442
5,717 7,352