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REGISTERED NUMBER: 11704922 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TIVOLI HOT WAX LTD

TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


TIVOLI HOT WAX LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Miss S C Newell





REGISTERED OFFICE: 1 Lansdown Terrace Lane
Cheltenham
Gloucestershire
GL50 2JU





REGISTERED NUMBER: 11704922 (England and Wales)





ACCOUNTANTS: BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,943 8,469

CURRENT ASSETS
Stocks 2,000 3,000
Debtors 24,625 31,466
Cash at bank 2,846 8,265
29,471 42,731
CREDITORS
Amounts falling due within one year (40,906 ) (51,269 )
NET CURRENT LIABILITIES (11,435 ) (8,538 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,492

)

(69

)

CREDITORS
Amounts falling due after more than
one year

(4,270

)

(6,710

)

PROVISIONS FOR LIABILITIES (986 ) (1,694 )
NET LIABILITIES (12,748 ) (8,473 )

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings (12,848 ) (8,573 )
SHAREHOLDERS' FUNDS (12,748 ) (8,473 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 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 Statement of Financial Position for the year ended 30 November 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 12 September 2024 and were signed by:





Miss S C Newell - Director


TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Tivoli Hot Wax Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The director has considered the working capital needs of the company for a period of twelve months from the date of approval of these financial statements.

These financial statements have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to financially support the company during this uncertain period, by not withdrawing their funding to the detriment of other unsecured creditors and by providing further working capital as required by the company in order to deliver against its latest business plan.

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.
Plant and machinery - 33.3333% on cost
Fixtures and fittings - 33.3333% on cost

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 statement of financial position date.


TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022
and 30 November 2023 18,164
DEPRECIATION
At 1 December 2022 9,695
Charge for year 4,526
At 30 November 2023 14,221
NET BOOK VALUE
At 30 November 2023 3,943
At 30 November 2022 8,469

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

TIVOLI HOT WAX LTD (REGISTERED NUMBER: 11704922)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

6. RELATED PARTY DISCLOSURES

Miss S C Newell
Director and shareholder

In a previous period, the related party loaned the company £43,430 as working capital. During the year, the company repaid the related party £6,525. The amount due to the related party at the year end was £36,905 (2022: £43,430).

Cheltenham Aesthetics Ltd
A company in which Miss S C Newell is a director and shareholder

In a previous period, the company loaned the related party £28,064. During the period, the company loaned the related party a further £2,759. The amount due to the company at the year end was £30,823 (2022: £28,064).