IRIS Accounts Production v23.3.0.418 08065759 director 1.6.22 31.5.23 31.5.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080657592022-05-31080657592023-05-31080657592022-06-012023-05-31080657592021-05-31080657592021-06-012022-05-31080657592022-05-3108065759ns10:Originalns15:EnglandWales2022-06-012023-05-3108065759ns14:PoundSterlingns10:Original2022-06-012023-05-3108065759ns10:Originalns10:Director12022-06-012023-05-3108065759ns10:Original2022-06-012023-05-3108065759ns10:Original2023-05-3108065759ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3108065759ns10:Originalns10:SmallEntities2022-06-012023-05-3108065759ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3108065759ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3108065759ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3108065759ns10:Originalns10:AbridgedAccounts2022-06-012023-05-3108065759ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3108065759ns10:Originalns10:RegisteredOffice2022-06-012023-05-3108065759ns10:Original2022-05-3108065759ns10:Originalns5:CurrentFinancialInstruments2023-05-3108065759ns10:Originalns5:CurrentFinancialInstruments2022-05-3108065759ns5:ShareCapitalns10:Original2023-05-3108065759ns5:ShareCapitalns10:Original2022-05-3108065759ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3108065759ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3108065759ns10:Originalns5:PlantMachinery2022-06-012023-05-3108065759ns10:Originalns5:FurnitureFittings2022-06-012023-05-3108065759ns10:Original2021-06-012022-05-3108065759ns10:Original2022-05-3108065759ns10:Originalns5:DeferredTaxation2022-05-3108065759ns10:Originalns5:DeferredTaxation2022-06-012023-05-3108065759ns10:Originalns5:DeferredTaxation2023-05-3108065759ns10:Originalns10:OrdinaryShareClass12023-05-31
REGISTERED NUMBER: 08065759 (England and Wales)





























Abridged Unaudited Financial Statements for the Year Ended 31 May 2023

for

Golden Glow Tanning Limited

Golden Glow Tanning Limited (Registered number: 08065759)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Golden Glow Tanning Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mr Brian John Fellows





REGISTERED OFFICE: 54 Winter Hey Lane
Horwich
Bolton
BL6 7NX





REGISTERED NUMBER: 08065759 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Golden Glow Tanning Limited (Registered number: 08065759)

Abridged Balance Sheet
31 May 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 764 940

CURRENT ASSETS
Stocks 420 810
Debtors 1,236 1,124
Cash at bank and in hand 33,337 55,481
34,993 57,415
CREDITORS
Amounts falling due within one year (11,540 ) (21,072 )
NET CURRENT ASSETS 23,453 36,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,217

37,283

PROVISIONS FOR LIABILITIES 5 (145 ) (178 )
NET ASSETS 24,072 37,105

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 24,071 37,104
SHAREHOLDERS' FUNDS 24,072 37,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Golden Glow Tanning Limited (Registered number: 08065759)

Abridged Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:





Mr Brian John Fellows - Director


Golden Glow Tanning Limited (Registered number: 08065759)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Golden Glow Tanning 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.
Equipment - 25% on reducing balance
Fixtures and fittings - 10% 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 Statement of Income and Retained Earnings, 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 6 (2022 - 5 ) .

Golden Glow Tanning Limited (Registered number: 08065759)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2022
and 31 May 2023 7,149
DEPRECIATION
At 1 June 2022 6,209
Charge for year 176
At 31 May 2023 6,385
NET BOOK VALUE
At 31 May 2023 764
At 31 May 2022 940

5. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 145 178

Deferred
tax
£   
Balance at 1 June 2022 178
Credit to Statement of Income and Retained Earnings during year (33 )
Reduction of provision
Balance at 31 May 2023 145

6. CALLED UP SHARE CAPITAL

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

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors: amounts falling due within one year is an amount of £8,796 (2022 - £16,413) which is owed to Mr B J Fellows, the director of the company.