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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
Page
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Borders Beauty Studio Ltd Company Information for the year ended 29 February 2024
Director
Alana Grant
Company Number
SC655842 (Scotland)
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Borders Beauty Studio Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,038 
10,042 
Current assets
Debtors
11,161 
12,534 
Cash at bank and in hand
11,202 
9,997 
22,363 
22,531 
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)
Capital and reserves
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
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Borders Beauty Studio Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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
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 
Depreciation
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 
Net book value
At 29 February 2024
7,653 
1,385 
9,038 
At 28 February 2023
8,503 
1,539 
10,042 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,161 
12,534 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,045 
3,971 
Trade creditors
1,433 
1,644 
Proposed dividends
15,000 
30,000 
Accruals
14,634 
14,293 
36,112 
49,908 
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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 
£ 
£ 
Bank loans
4,320 
4,853 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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