Company Registration No. SC655842 (Scotland)
Borders Beauty Studio Ltd
Unaudited accounts
for the year ended 29 February 2024
Borders Beauty Studio Ltd
Unaudited accounts
Contents
Borders Beauty Studio Ltd
Company Information
for the year ended 29 February 2024
Company Number
SC655842 (Scotland)
Borders Beauty Studio Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
9,038
10,042
Cash at bank and in hand
11,202
9,997
Creditors: amounts falling due within one year
(36,112)
(49,908)
Net current liabilities
(13,749)
(27,377)
Total assets less current liabilities
(4,711)
(17,335)
Creditors: amounts falling due after more than one year
(4,320)
(4,853)
Net liabilities
(9,031)
(22,188)
Called up share capital
10
10
Profit and loss account
(9,041)
(22,198)
Shareholders' funds
(9,031)
(22,188)
For the year ending 29 February 2024 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 his 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 18 November 2024 and were signed on its behalf by
Alana Grant
Director
Company Registration No. SC655842
Borders Beauty Studio Ltd
Notes to the Accounts
for the year ended 29 February 2024
Borders Beauty Studio Ltd is a private company, limited by shares, registered in Scotland, registration number SC655842.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
10,498
1,900
12,398
At 29 February 2024
10,498
1,900
12,398
At 1 March 2023
1,995
361
2,356
Charge for the year
850
154
1,004
At 29 February 2024
2,845
515
3,360
At 29 February 2024
7,653
1,385
9,038
At 28 February 2023
8,503
1,539
10,042
Amounts falling due within one year
Trade debtors
11,161
12,534
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,433
1,644
Proposed dividends
15,000
30,000
Borders Beauty Studio Ltd
Notes to the Accounts
for the year ended 29 February 2024
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).