IRIS Accounts Production v24.2.0.383 04466189 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044661892023-06-30044661892024-06-30044661892023-07-012024-06-30044661892022-06-30044661892022-07-012023-06-30044661892023-06-3004466189ns15:EnglandWales2023-07-012024-06-3004466189ns14:PoundSterling2023-07-012024-06-3004466189ns10:Director12023-07-012024-06-3004466189ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3004466189ns10:SmallEntities2023-07-012024-06-3004466189ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3004466189ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3004466189ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3004466189ns10:FullAccounts2023-07-012024-06-300446618912023-07-012024-06-3004466189ns10:OrdinaryShareClass12023-07-012024-06-3004466189ns10:Director22023-07-012024-06-3004466189ns10:CompanySecretary12023-07-012024-06-3004466189ns10:RegisteredOffice2023-07-012024-06-3004466189ns5:CurrentFinancialInstruments2024-06-3004466189ns5:CurrentFinancialInstruments2023-06-3004466189ns5:ShareCapital2024-06-3004466189ns5:ShareCapital2023-06-3004466189ns5:RetainedEarningsAccumulatedLosses2024-06-3004466189ns5:RetainedEarningsAccumulatedLosses2023-06-3004466189ns5:NetGoodwill2023-07-012024-06-3004466189ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3004466189ns5:PlantMachinery2023-07-012024-06-3004466189ns5:FurnitureFittings2023-07-012024-06-3004466189ns5:ComputerEquipment2023-07-012024-06-3004466189ns5:NetGoodwill2023-06-3004466189ns5:NetGoodwill2024-06-3004466189ns5:NetGoodwill2023-06-3004466189ns5:PlantMachinery2023-06-3004466189ns5:FurnitureFittings2023-06-3004466189ns5:ComputerEquipment2023-06-3004466189ns5:PlantMachinery2024-06-3004466189ns5:FurnitureFittings2024-06-3004466189ns5:ComputerEquipment2024-06-3004466189ns5:PlantMachinery2023-06-3004466189ns5:FurnitureFittings2023-06-3004466189ns5:ComputerEquipment2023-06-3004466189ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3004466189ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3004466189ns5:BetweenOneFiveYears2024-06-3004466189ns5:BetweenOneFiveYears2023-06-3004466189ns5:AcceleratedTaxDepreciationDeferredTax2024-06-3004466189ns5:AcceleratedTaxDepreciationDeferredTax2023-06-3004466189ns5:DeferredTaxation2023-06-3004466189ns5:DeferredTaxation2023-07-012024-06-3004466189ns5:DeferredTaxation2024-06-3004466189ns10:OrdinaryShareClass12024-06-30
REGISTERED NUMBER: 04466189 (England and Wales)















FOXY LADY BEAUTY SALON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOXY LADY BEAUTY SALON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs C J Keightley
Mrs C A Cummings





SECRETARY: Mrs C J Keightley





REGISTERED OFFICE: Newlands
15 Beech Walk
Littleover
Derby
Derbyshire
DE23 6AZ





BUSINESS ADDRESS: 1A The Square
Mickleover
Derby
Derbyshire
DE3 0DD





REGISTERED NUMBER: 04466189 (England and Wales)

FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,781 7,870
6,781 7,870

CURRENT ASSETS
Stocks 1,045 1,196
Debtors 6 2,766 2,766
Cash at bank and in hand 3,790 4,316
7,601 8,278
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

10,840

11,925
NET CURRENT LIABILITIES (3,239 ) (3,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,542

4,223

PROVISIONS FOR LIABILITIES 9 1,288 1,495
NET ASSETS 2,254 2,728

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 2,252 2,726
SHAREHOLDERS' FUNDS 2,254 2,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

BALANCE SHEET - continued
30 JUNE 2024


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 Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





Mrs C A Cummings - Director


FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Foxy Lady Beauty Salon 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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover
Turnover represents net invoiced sales of goods and services, net of value added tax and trade discounts.

Goodwill
Acquired goodwill is being written off in equal annual instalments over twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Computer equipment - 33% 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 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.


FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company has made contributions to the directors personal pension. Contributions paid are charged to the profit and loss account in the period in which they relate.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 17,000
AMORTISATION
At 1 July 2023
and 30 June 2024 17,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 12,431 19,971 3,329 35,731
Additions - 1,175 1,149 2,324
At 30 June 2024 12,431 21,146 4,478 38,055
DEPRECIATION
At 1 July 2023 7,309 17,223 3,329 27,861
Charge for year 1,595 1,439 379 3,413
At 30 June 2024 8,904 18,662 3,708 31,274
NET BOOK VALUE
At 30 June 2024 3,527 2,484 770 6,781
At 30 June 2023 5,122 2,748 - 7,870

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,766 2,766

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,188 515
Taxation and social security 378 1,172
Other creditors 9,274 10,238
10,840 11,925

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Between one and five years 11,063 -

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 1,288 1,495

FOXY LADY BEAUTY SALON LIMITED (REGISTERED NUMBER: 04466189)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 1,495
Provided during year (207 )
Movement in the year
Balance at 30 June 2024 1,288

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

11. CONTROL

The company is controlled by its directors, C A Cummings and C J Keightley.