Company Registration No. 08690050 (England and Wales)
Newark Beauty Rooms Ltd
Unaudited accounts
for the year ended 30 November 2023
Newark Beauty Rooms Ltd
Unaudited accounts
Contents
Newark Beauty Rooms Ltd
Company Information
for the year ended 30 November 2023
Director
Catherine Beth Carter
Company Number
08690050 (England and Wales)
Registered Office
27 Lombard Street
Newark-On-Trent
Nottinghamshire
NG24 1XG
Accountants
JK Business Services Ltd
Axwell House
2 Westerton Road
Broxburn
West Lothian
EH52 5AU
Newark Beauty Rooms Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
7,789
4,103
Creditors: amounts falling due within one year
(37,749)
(34,464)
Net current assets
38,035
43,017
Total assets less current liabilities
38,035
47,154
Creditors: amounts falling due after more than one year
(37,130)
(45,963)
Called up share capital
10
10
Profit and loss account
895
1,181
Shareholders' funds
905
1,191
For the year ending 30 November 2023 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 her 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 29 November 2024 and were signed on its behalf by
Catherine Beth Carter
Director
Company Registration No. 08690050
Newark Beauty Rooms Ltd
Notes to the Accounts
for the year ended 30 November 2023
Newark Beauty Rooms Ltd is a private company, limited by shares, registered in England and Wales, registration number 08690050. The registered office is 27 Lombard Street, Newark-On-Trent, Nottinghamshire, NG24 1XG.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% straight line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
At 30 November 2023
43,605
At 30 November 2023
43,605
Newark Beauty Rooms Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Other debtors
50,011
53,396
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,750
6,750
Trade creditors
6,979
12,814
Taxes and social security
9,292
4,282
7
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's current account
48,331
18,680
17,000
50,011
48,331
18,680
17,000
50,011
The above loan is interest-free and has no set repayment date. The balance is included within Other Debtors per Note 5 above.
9
Average number of employees
During the year the average number of employees was 8 (2022: 9).