Company Registration No. 14001329 (England and Wales)
Q&t Nails Ltd
Unaudited accounts
for the period from 24 March 2022 to 31 March 2023
Q&t Nails Ltd
Unaudited accounts
Contents
Q&t Nails Ltd
Company Information
for the period from 24 March 2022 to 31 March 2023
Company Number
14001329 (England and Wales)
Registered Office
4 Market Street
Wisbech
Cambridgeshire
PE13 1EX
England
Accountants
Imperial Advisory Limited
44 Broadway
Stratford
London
E15 1XH
Q&t Nails Ltd
Accountants' report
Accountants' report to the director of Q&t Nails Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the period from 24 March 2022 to 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the period from 24 March 2022 to 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Imperial Advisory Limited
44 Broadway
Stratford
London
E15 1XH
15 November 2023
Q&t Nails Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
2,277
Creditors: amounts falling due within one year
(9,495)
Net current liabilities
(7,218)
Called up share capital
100
Profit and loss account
314
For the period ending 31 March 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 his 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 12 November 2023 and were signed on its behalf by
Thinh Ba Hoang
Director
Company Registration No. 14001329
Q&t Nails Ltd
Notes to the Accounts
for the period from 24 March 2022 to 31 March 2023
Q&t Nails Ltd is a private company, limited by shares, registered in England and Wales, registration number 14001329. The registered office is 4 Market Street, Wisbech, Cambridgeshire, PE13 1EX, 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.
These financial statements for the period from 24 March 2022 to 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 March 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Fixtures & fittings
Charge for the period
1,908
5
Creditors: amounts falling due within one year
2023
Loans from directors
5,200
Q&t Nails Ltd
Notes to the Accounts
for the period from 24 March 2022 to 31 March 2023
6
Average number of employees
During the period the average number of employees was 3.