THE TRADITIONAL SHAVING COMPANY LTD

Company Registration Number:
06810785 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

THE TRADITIONAL SHAVING COMPANY LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8

THE TRADITIONAL SHAVING COMPANY LTD

Company Information

for the Period Ended 29 February 2024




Director: Yikmen Siu
M Briggs
Registered office: Kurpas House
Greenside Way
Middleton
Manchester
England
M24 1SW
Company Registration Number: 06810785 (England and Wales)

THE TRADITIONAL SHAVING COMPANY LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

The company's principal activity is the retail of traditional shaving products.

Directors

The director(s) shown below were appointed to the company during the period
Yikmen Siu
03 November 2023

The director(s) shown below resigned during the period
M Briggs
03 November 2023

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Yikmen Siu
Status: Director

THE TRADITIONAL SHAVING COMPANY LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 105,679 108,505
Distribution Costs ( 4,000 ) ( 0 )
Administrative Expenses ( 75,224 ) ( 72,427 )
Operating Profit or (Loss) 26,455 36,078
Interest Payable and Similar Charges ( 738 ) ( 959 )
Profit or (Loss) Before Tax 25,717 35,119
Tax on Profit ( 4,886 ) ( 6,673 )
Profit or (Loss) for Period 20,831 28,446

The notes form part of these financial statements

THE TRADITIONAL SHAVING COMPANY LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 35,858 38,500
Debtors: 8,826 0
Cash at bank and in hand: 13,898 525
Total current assets: 58,582 39,025
Creditors: amounts falling due within one year: ( 46,379 ) ( 35,653 )
Net current assets (liabilities): 12,203 3,372
Total assets less current liabilities: 12,203 3,372
Total net assets (liabilities): 12,203 3,372

The notes form part of these financial statements

THE TRADITIONAL SHAVING COMPANY LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 12,183 3,352
Shareholders funds: 12,203 3,372

For the year ending 29 February 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 August 2024
And Signed On Behalf Of The Board By:

Name: Yikmen Siu
Status: Director

The notes form part of these financial statements

THE TRADITIONAL SHAVING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

THE TRADITIONAL SHAVING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

THE TRADITIONAL SHAVING COMPANY LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No