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REGISTERED NUMBER: 04823498 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

BEAUTY BY NICOLE FENTON LIMITED

BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEAUTY BY NICOLE FENTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTOR: Ms N Fenton





SECRETARY: A Fenton





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 04823498 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,337 1,574

CURRENT ASSETS
Stocks 4,278 4,648
Debtors 5 1,648 -
Cash at bank and in hand 31,302 36,687
37,228 41,335
CREDITORS
Amounts falling due within one year 6 26,487 31,330
NET CURRENT ASSETS 10,741 10,005
TOTAL ASSETS LESS CURRENT LIABILITIES 13,078 11,579

PROVISIONS FOR LIABILITIES 7 428 280
NET ASSETS 12,650 11,299

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 12,648 11,297
SHAREHOLDERS' FUNDS 12,650 11,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)

BALANCE SHEET - continued
30TH JUNE 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 9th November 2023 and were signed by:





Ms N Fenton - Director


BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Beauty By Nicole Fenton 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced provision of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2022 16,514
Additions 1,500
At 30th June 2023 18,014
DEPRECIATION
At 1st July 2022 14,940
Charge for year 737
At 30th June 2023 15,677
NET BOOK VALUE
At 30th June 2023 2,337
At 30th June 2022 1,574

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 273 -
Other debtors 1,375 -
1,648 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 8,635 6,621
Other creditors 17,852 24,709
26,487 31,330

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 428 280

Deferred
tax
£   
Balance at 1st July 2022 280
Charge to Income Statement during year 148
Balance at 30th June 2023 428

BEAUTY BY NICOLE FENTON LIMITED (REGISTERED NUMBER: 04823498)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2