2023-06-01 09052402 2024-05-31 09052402 2023-06-01 2024-05-31 09052402 2023-05-31 09052402 2022-06-01 2023-05-31 09052402 uk-core:WithinOneYear 2023-05-31 09052402 uk-core:WithinOneYear 2024-05-31 09052402 uk-core:ShareCapital 2024-05-31 09052402 uk-core:ShareCapital 2023-05-31 09052402 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 09052402 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09052402 uk-bus:Director1 2023-06-01 2024-05-31 09052402 uk-core:ToolsEquipment 2023-06-01 2024-05-31 09052402 uk-core:FurnitureFittings 2023-06-01 2024-05-31 09052402 uk-core:ToolsEquipment 2023-05-31 09052402 uk-core:FurnitureFittings 2023-05-31 09052402 uk-core:FurnitureFittings 2024-05-31 09052402 uk-core:ToolsEquipment 2024-05-31 iso4217:GBP xbrli:pure 09052402 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09052402 uk-bus:FRS102 2023-06-01 2024-05-31 09052402 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09052402 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Hazel Dixon Nails Ltd
Registered Number:09052402
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Hazel Dixon Nails Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
09052402
As at 31 May 2024
Hazel Dixon Nails Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
7,064
8,310
2
7,064
8,310
Current assets
Inventories
42,440
44,180
3
Trade and other receivables
2,000
4,848
4
69,479
Cash and cash equivalents
66,481
115,509
113,919
Trade and other payables: amounts falling due within
one year
(17,738)
(17,895)
5
96,181
97,614
Net current assets
Total assets less current liabilities
104,678
104,491
(1,342)
(1,579)
Provisions for liabilities
103,336
Net assets
102,912
Capital and reserves
Called up share capital
1
1
Retained earnings
103,335
102,911
103,336
102,912
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
09052402
For the year ended 31 May 2024
Hazel Dixon Nails Ltd
Statement of Financial Position Continued
Mrs Hazel Kay Dixon Director
These financial statements were approved and authorised for issue by the Board on 16 December 2024 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 May 2024
Hazel Dixon Nails Ltd
Notes to the Financial Statements
Statutory Information
Hazel Dixon Nails Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09052402.
Registered address:
4 Faraday Place
Thetford
Norfolk
IP24 3RG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical
costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
6
For the year ended 31 May 2024
Hazel Dixon Nails Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 June 2023
15,564
4,726
10,838
At 31 May 2024
10,838
4,726
15,564
Provision for depreciation and impairment
At 01 June 2023
7,254
3,056
4,198
Charge for year
1,246
250
996
At 31 May 2024
8,500
3,306
5,194
At 31 May 2024
Net book value
5,644
1,420
7,064
At 31 May 2023
6,640
1,670
8,310
3. Inventories
2023
2024
£
£
Stocks
44,180
42,440
4. Trade and other receivables
2023
2024
£
£
Other debtors
4,848
2,000
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
6,833
5,699
Taxation and social security
7,372
9,990
Other creditors
3,690
2,049
17,895
17,738
6. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
4 of 5
7
For the year ended 31 May 2024
Hazel Dixon Nails Ltd
Notes to the Financial Statements Continued
5 of 5