1 November 2022 false Taxfiler 2024.5 SC579386business:PrivateLimitedCompanyLtd2022-11-012023-10-31 SC5793862022-10-31 SC5793862022-11-012023-10-31 SC579386business:AuditExemptWithAccountantsReport2022-11-012023-10-31 SC579386business:FilletedAccounts2022-11-012023-10-31 SC5793862023-10-31 SC579386business:Director12022-11-012023-10-31 SC579386business:RegisteredOffice2022-11-012023-10-31 SC5793862022-10-31 SC579386core:WithinOneYear2023-10-31 SC579386core:WithinOneYear2022-10-31 SC579386core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 SC579386core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 SC579386core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 SC579386core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 SC579386core:PreviouslyStatedAmount2023-10-31 SC579386core:PreviouslyStatedAmount2022-10-31 SC579386business:SmallEntities2022-11-012023-10-31 SC579386countries:Scotland2022-11-012023-10-31 SC5793862021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC579386 (Scotland)
Artist Nails Ltd Unaudited accounts for the year ended 31 October 2023
Artist Nails Ltd Unaudited accounts Contents
Page
- 2 -
Artist Nails Ltd Company Information for the year ended 31 October 2023
Director
Ms Fionnah Aingealag Rodger
Company Number
SC579386 (Scotland)
Registered Office
197 George Street Aberdeen AB25 1HX United Kingdom
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
- 3 -
Artist Nails Ltd Accountants' report
Accountants' report to the director of Artist Nails Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 October 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 October 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
A2B Tax Ltd 133 Creek Road London SE8 3BU 3 November 2023
- 4 -
Artist Nails Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
1,710 
1,125 
Cash at bank and in hand
8,763 
7,053 
10,473 
8,178 
Creditors: amounts falling due within one year
(4,310)
(3,418)
Net current assets
6,163 
4,760 
Net assets
6,163 
4,760 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,063 
4,660 
Shareholders' funds
6,163 
4,760 
For the year ending 31 October 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 3 November 2023 and were signed on its behalf by
Ms Fionnah Aingealag Rodger Director Company Registration No. SC579386
- 5 -
Artist Nails Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Artist Nails Ltd is a private company, limited by shares, registered in Scotland, registration number SC579386. The registered office is 197 George Street, Aberdeen, AB25 1HX, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,500 
1,125 
Other debtors
210 
- 
1,710 
1,125 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
560 
618 
Proposed dividends
3,000 
2,000 
Accruals
750 
800 
4,310 
3,418 
6
Average number of employees
During the year the average number of employees was 7 (2022: 6).
- 6 -