1 March 2022 false No description of principal activity Taxfiler 2023.10 10019032business:PrivateLimitedCompanyLtd2022-03-012023-02-28 100190322022-02-28 100190322022-03-012023-02-28 10019032business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 10019032business:FilletedAccounts2022-03-012023-02-28 100190322023-02-28 10019032business:Director12022-03-012023-02-28 10019032business:RegisteredOffice2022-03-012023-02-28 100190322022-02-28 10019032core:WithinOneYear2023-02-28 10019032core:WithinOneYear2022-02-28 10019032core:AfterOneYear2023-02-28 10019032core:AfterOneYear2022-02-28 10019032core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10019032core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10019032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10019032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10019032core:PreviouslyStatedAmount2023-02-28 10019032core:PreviouslyStatedAmount2022-02-28 10019032business:SmallEntities2022-03-012023-02-28 10019032countries:EnglandWales2022-03-012023-02-28 10019032core:PlantMachinery2022-03-012023-02-28 10019032core:PlantMachinery2022-02-28 10019032core:PlantMachinery2023-02-28 100190322021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10019032 (England and Wales)
ISTYLE NW LTD Unaudited accounts for the year ended 28 February 2023
ISTYLE NW LTD Unaudited accounts Contents
Page
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ISTYLE NW LTD Company Information for the year ended 28 February 2023
Director
Salaya Fatima Naqvi
Company Number
10019032 (England and Wales)
Registered Office
58 Lakeside Avenue Bolton BL3 2HY England
Accountants
The Accountants & Management Consultants Ltd 6 Frome Drive Crumpsall Manchester M8 0GA
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ISTYLE NW LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
111 
- 
Current assets
Inventories
80,850 
36,850 
Debtors
36,482 
24,426 
Cash at bank and in hand
62,568 
73,459 
179,900 
134,735 
Creditors: amounts falling due within one year
(114,227)
(54,645)
Net current assets
65,673 
80,090 
Total assets less current liabilities
65,784 
80,090 
Creditors: amounts falling due after more than one year
(24,266)
(42,901)
Net assets
41,518 
37,189 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
41,517 
37,188 
Shareholders' funds
41,518 
37,189 
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 November 2023 and were signed on its behalf by
Salaya Fatima Naqvi Director Company Registration No. 10019032
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ISTYLE NW LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ISTYLE NW LTD is a private company, limited by shares, registered in England and Wales, registration number 10019032. The registered office is 58 Lakeside Avenue, Bolton, BL3 2HY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
113 
At 28 February 2023
113 
Depreciation
Charge for the year
2 
At 28 February 2023
2 
Net book value
At 28 February 2023
111 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,982 
24,426 
Accrued income and prepayments
1,500 
- 
36,482 
24,426 
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ISTYLE NW LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,761 
- 
VAT
15,629 
199 
Trade creditors
80,262 
50,697 
Taxes and social security
2,202 
3,749 
Loans from directors
6,373 
- 
114,227 
54,645 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,266 
42,901 
8
Transactions with related parties
Included within other creditors is a directors’ current account balance of £6,373. There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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