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REGISTERED NUMBER: 09298902 (England and Wales)













NUALA HAIR AND BEAUTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






NUALA HAIR AND BEAUTY LIMITED (REGISTERED NUMBER: 09298902)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


NUALA HAIR AND BEAUTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Ms. N E A Morey





REGISTERED OFFICE: Pear Tree lodge
Blackmoor Road
Abbots Leigh
Bristol
BS8 3RH





REGISTERED NUMBER: 09298902 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

NUALA HAIR AND BEAUTY LIMITED (REGISTERED NUMBER: 09298902)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 15,396 13,712

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 224,705 280,625
Cash at bank 261,847 206,577
491,552 492,202
CREDITORS
Amounts falling due within one year 6 224,529 128,785
NET CURRENT ASSETS 267,023 363,417
TOTAL ASSETS LESS CURRENT LIABILITIES 282,419 377,129

CREDITORS
Amounts falling due after more than one year 7 13,653 23,778
NET ASSETS 268,766 353,351

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 268,764 353,349
268,766 353,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:



Ms. N E A Morey - Director


NUALA HAIR AND BEAUTY LIMITED (REGISTERED NUMBER: 09298902)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Nuala Hair and 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

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 12 (2022 - 13 ) .

NUALA HAIR AND BEAUTY LIMITED (REGISTERED NUMBER: 09298902)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
COST
At 1 December 2022 8,131 19,058 10,873 38,062
Additions 1,639 - 5,177 6,816
At 30 November 2023 9,770 19,058 16,050 44,878
DEPRECIATION
At 1 December 2022 4,973 15,579 3,798 24,350
Charge for year 1,199 870 3,063 5,132
At 30 November 2023 6,172 16,449 6,861 29,482
NET BOOK VALUE
At 30 November 2023 3,598 2,609 9,189 15,396
At 30 November 2022 3,158 3,479 7,075 13,712

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 224,705 280,625

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,566 10,566
Taxation and social security 157,617 103,313
Other creditors 56,346 14,906
224,529 128,785

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 13,653 23,778

NUALA HAIR AND BEAUTY LIMITED (REGISTERED NUMBER: 09298902)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£ £
Ms. N E A Morey
Balance outstanding at start of year 91,221 117,971
Amounts advanced 107,792 121,405
Amounts repaid (199,659 ) (148,155 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (646 ) 91,221

The advances to directors which remain outstanding are charged at 2.25% per annum applied on a monthly rolling basis.