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REGISTERED NUMBER: 07125390 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

FAYE GRAFTON BEAUTY LIMITED

FAYE GRAFTON BEAUTY LIMITED (REGISTERED NUMBER: 07125390)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FAYE GRAFTON BEAUTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mrs F Lacey



SECRETARY: Mr K Lacey



REGISTERED OFFICE: 2 Hoad Bank
Oubas Hill
Ulverston
Cumbria
LA12 7LA



REGISTERED NUMBER: 07125390 (England and Wales)



BANKERS: Co operative Bank plc
P O Box
Balloon Street
Manchester
M60 4EP

FAYE GRAFTON BEAUTY LIMITED (REGISTERED NUMBER: 07125390)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14 14

CURRENT ASSETS
Stocks 875 800
Debtors 13,269 12,243
Cash at bank and in hand 59,329 66,691
73,473 79,734
CREDITORS
Amounts falling due within one year 3,410 6,761
NET CURRENT ASSETS 70,063 72,973
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,077

72,987

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 69,977 72,887
SHAREHOLDERS' FUNDS 70,077 72,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

FAYE GRAFTON BEAUTY LIMITED (REGISTERED NUMBER: 07125390)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


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 Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2024 and were signed by:





Mrs F Lacey - Director


FAYE GRAFTON BEAUTY LIMITED (REGISTERED NUMBER: 07125390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Faye Grafton Beauty 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.

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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 50% on cost
Plant and machinery - 20% 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.

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 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023
and 31 January 2024 3,601
DEPRECIATION
At 1 February 2023
and 31 January 2024 3,587
NET BOOK VALUE
At 31 January 2024 14
At 31 January 2023 14

FAYE GRAFTON BEAUTY LIMITED (REGISTERED NUMBER: 07125390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs F Lacey.