STANDOUT STYLISTS LIMITED

Company Registration Number:
10022774 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

STANDOUT STYLISTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

STANDOUT STYLISTS LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Mrs P Shord
Mr J Shord
Registered office: 4 The Pheasantry
London Road
Winterslow
Salisbury
England
SP5 1BN
Company Registration Number: 10022774 (England and Wales)

STANDOUT STYLISTS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,174 2,210
Total fixed assets: 1,174 2,210
Current assets
Stocks: 549 941
Debtors: 5 1,242
Cash at bank and in hand: 308 263
Total current assets: 857 2,446
Creditors: amounts falling due within one year: 6 ( 1,640 ) ( 2,121 )
Net current assets (liabilities): ( 783 ) 325
Total assets less current liabilities: 391 2,535
Total net assets (liabilities): 391 2,535

The notes form part of these financial statements

STANDOUT STYLISTS LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 291 2,435
Shareholders funds: 391 2,535

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge 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.

This report was approved by the board of directors on 4 November 2023
And Signed On Behalf Of The Board By:

Name: Mrs P Shord
Status: Director

The notes form part of these financial statements

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 March 2022 5,182 694 5,876
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 28 February 2023 5,182 694 5,876
Depreciation
At 01 March 2022 2,972 694 3,666
Charge for year 1,036 - 1,036
On disposals - - -
Other adjustments - - -
At 28 February 2023 4,008 694 4,702
Net book value
At 28 February 2023 1,174 0 1,174
At 28 February 2022 2,210 0 2,210

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Other debtors 1,242
Total 1,242

STANDOUT STYLISTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 445 1,284
Accruals and deferred income 687 837
Other creditors 508
Total 1,640 2,121