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REGISTERED NUMBER: 09263031 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

The Nails Boutique Hornchurch Branch
Limited

The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)






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




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


The Nails Boutique Hornchurch Branch
Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: S La





REGISTERED OFFICE: 184A High Street
Hornchurch
Essex
RM126QP





REGISTERED NUMBER: 09263031 (England and Wales)





ACCOUNTANTS: Cooper & Co
9 Palmers Avenue
Grays
Essex
RM17 5TX

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
The Nails Boutique Hornchurch Branch
Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Nails Boutique Hornchurch Branch Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Nails Boutique Hornchurch Branch Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Nails Boutique Hornchurch Branch Limited and state those matters that we have agreed to state to the director of The Nails Boutique Hornchurch Branch Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Nails Boutique Hornchurch Branch Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Nails Boutique Hornchurch Branch Limited. You consider that The Nails Boutique Hornchurch Branch Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Nails Boutique Hornchurch Branch Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper & Co
9 Palmers Avenue
Grays
Essex
RM17 5TX


29 July 2024

The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 144,693 3,865

CURRENT ASSETS
Stocks - 2,950
Debtors 5 - 5,409
Cash at bank and in hand 2,941 40,394
2,941 48,753
CREDITORS
Amounts falling due within one year 6 11,528 14,837
NET CURRENT (LIABILITIES)/ASSETS (8,587 ) 33,916
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,106

37,781

CREDITORS
Amounts falling due after more than
one year

7

(119,350

)

(19,950

)

PROVISIONS FOR LIABILITIES - (734 )
NET ASSETS 16,756 17,097

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 16,656 16,997
SHAREHOLDERS' FUNDS 16,756 17,097

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

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

The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)

Balance Sheet - continued
31 October 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 29 July 2024 and were signed by:





S La - Director


The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)

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

1. STATUTORY INFORMATION

The Nails Boutique Hornchurch Branch 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 3,711 12,631 16,342
Additions 144,693 - 144,693
Disposals (3,711 ) (11,634 ) (15,345 )
At 31 October 2023 144,693 997 145,690
DEPRECIATION
At 1 November 2022 2,597 9,880 12,477
Eliminated on disposal (2,597 ) (8,883 ) (11,480 )
At 31 October 2023 - 997 997
NET BOOK VALUE
At 31 October 2023 144,693 - 144,693
At 31 October 2022 1,114 2,751 3,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors - 5,409

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 4,200 4,200
Taxation and social security 1,123 1,861
Other creditors 6,205 8,776
11,528 14,837

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 8,750 12,950
Other creditors 110,600 7,000
119,350 19,950

The Nails Boutique Hornchurch Branch
Limited (Registered number: 09263031)

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

8. RESERVES
Retained
earnings
£   

At 1 November 2022 16,997
Profit for the year 1,659
Dividends (2,000 )
At 31 October 2023 16,656