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REGISTERED NUMBER: 13885566 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Solarium Point Beauty & Hair Ltd

Solarium Point Beauty & Hair Ltd (Registered number: 13885566)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Solarium Point Beauty & Hair Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Miss A M Baranowska
T Hewitt





SECRETARY:





REGISTERED OFFICE:





REGISTERED NUMBER: 13885566 (England and Wales)





ACCOUNTANTS: Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR

Solarium Point Beauty & Hair Ltd (Registered number: 13885566)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,063 13,933

CURRENT ASSETS
Stocks 5 1,975 1,875
Cash at bank and in hand 281 100
2,256 1,975
CREDITORS
Amounts falling due within one year 6 20,907 21,012
NET CURRENT LIABILITIES (18,651 ) (19,037 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,588

)

(5,104

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (5,688 ) (5,204 )
SHAREHOLDERS' FUNDS (5,588 ) (5,104 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 2 November 2024 and were signed on its behalf by:





Miss A M Baranowska - Director


Solarium Point Beauty & Hair Ltd (Registered number: 13885566)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Solarium Point Beauty & Hair Ltd 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.
Improvements to property - 10% on cost
Equipment - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property Equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 14,238 - 946 370 15,554
Additions - 848 - - 848
At 29 February 2024 14,238 848 946 370 16,402
DEPRECIATION
At 1 March 2023 1,424 - 142 55 1,621
Charge for year 1,424 127 120 47 1,718
At 29 February 2024 2,848 127 262 102 3,339
NET BOOK VALUE
At 29 February 2024 11,390 721 684 268 13,063
At 28 February 2023 12,814 - 804 315 13,933

Solarium Point Beauty & Hair Ltd (Registered number: 13885566)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. STOCKS
29.2.24 28.2.23
£    £   
Stocks 1,975 1,875

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other creditors 120 48
Directors' current accounts 19,995 20,178
Accrued expenses 792 786
20,907 21,012

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 ordinary £1 100 100

Solarium Point Beauty & Hair Ltd

Report of the Accountants to the Directors of
Solarium Point Beauty & Hair Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR


Date: .............................................