Company Registration No. 09426659 (England and Wales)
KOLAINE'S BEAUTY LOUNGE LTD
Unaudited accounts
for the year ended 31 December 2023
KOLAINE'S BEAUTY LOUNGE LTD
Unaudited accounts
Contents
KOLAINE'S BEAUTY LOUNGE LTD
Company Information
for the year ended 31 December 2023
Company Number
09426659 (England and Wales)
Registered Office
207 ROCKINGHAM ROAD
KETTERING
NORTHAMPTONSHIRE
NN16 9JA
ENGLAND
Accountants
Nineteen Accountants Limited
207 Rockingham Road
Kettering
United Kingdom
NN16 9JA
KOLAINE'S BEAUTY LOUNGE LTD
Statement of financial position
as at 31 December 2023
Tangible assets
60,652
44,003
Cash at bank and in hand
6,834
20,565
Creditors: amounts falling due within one year
(5,040)
(15,617)
Net current assets
24,271
20,173
Total assets less current liabilities
84,923
64,176
Creditors: amounts falling due after more than one year
(84,905)
(63,883)
Called up share capital
100
100
Profit and loss account
(82)
193
Shareholders' funds
18
293
For the year ending 31 December 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 April 2024 and were signed on its behalf by
Kolaine Farr
Director
Company Registration No. 09426659
KOLAINE'S BEAUTY LOUNGE LTD
Notes to the Accounts
for the year ended 31 December 2023
KOLAINE'S BEAUTY LOUNGE LTD is a private company, limited by shares, registered in England and Wales, registration number 09426659. The registered office is 207 ROCKINGHAM ROAD, KETTERING, NORTHAMPTONSHIRE, NN16 9JA, 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.
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.
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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
18,277
46,700
64,977
At 31 December 2023
52,277
46,700
98,977
At 1 January 2023
9,299
11,675
20,974
Charge for the year
8,595
8,756
17,351
At 31 December 2023
17,894
20,431
38,325
At 31 December 2023
34,383
26,269
60,652
At 31 December 2022
8,978
35,025
44,003
Amounts falling due within one year
Other debtors
22,477
15,225
KOLAINE'S BEAUTY LOUNGE LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
229
3,425
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
71,981
46,700
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).