Registered Number:09052402 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
Hazel Dixon Nails Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Hazel Dixon Nails Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
8,310
5,845
2
8,310
5,845
44,110
42,440
3
Trade and other receivables |
2,000
2,000
4
75,082
Cash and cash equivalents |
69,479
113,919
121,192
Trade and other payables: amounts falling due within |
one year |
(19,337)
(17,738)
5
101,855
96,181
Net current assets
Total assets less current liabilities |
104,491
107,700
(1,579)
(1,110)
Provisions for liabilities |
102,912
Net assets
106,590
1
1
102,911
106,589
102,912
106,590
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2023
Hazel Dixon Nails Ltd
Statement of Financial Position Continued
Mrs Hazel Kay Dixon Director |
These financial statements were approved and authorised for issue by the Board on 08 December 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
Hazel Dixon Nails Ltd
Notes to the Financial Statements
Statutory Information
Hazel Dixon Nails Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 09052402. |
4 Faraday Place
Thetford
Norfolk
IP24 3RG
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic |
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the |
historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. |
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For the year ended 31 May 2023
Hazel Dixon Nails Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
11,246
3,787
7,459
4,318
939
3,379
10,838
4,726
15,564
Provision for depreciation and impairment |
5,401
2,152
3,249
Charge for year
1,853
904
949
7,254
3,056
4,198
6,640
1,670
8,310
4,210
1,635
5,845
2022
2023
42,440
44,110
4. Trade and other receivables |
2022
2023
2,000
2,000
5. Trade and other payables: amounts falling due within one year |
2022
2023
5,699
6,724
Taxation and social security |
9,990
11,667
2,049
946
17,738
19,337
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For the year ended 31 May 2023
Hazel Dixon Nails Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
5 of 5