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Company Registration No. 09430634 (England and Wales)
Steph's Beauty Lounge Limited Unaudited accounts for the year ended 31 March 2024
Steph's Beauty Lounge Limited Unaudited accounts Contents
Page
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Steph's Beauty Lounge Limited Company Information for the year ended 31 March 2024
Director
Mrs S Doyle
Company Number
09430634 (England and Wales)
Registered Office
Stephs Beauty Lounge 14 Tower Gardens Holywell Clwyd CH8 7TG Wales
Accountants
P & L Accountancy 51 High Street Mold Flintshire CH7 1BQ
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Steph's Beauty Lounge Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,800 
26,985 
Current assets
Inventories
37,200 
37,200 
Debtors
25,023 
34,072 
Cash at bank and in hand
7,707 
1,358 
69,930 
72,630 
Creditors: amounts falling due within one year
(101,935)
(103,216)
Net current liabilities
(32,005)
(30,586)
Total assets less current liabilities
(12,205)
(3,601)
Creditors: amounts falling due after more than one year
(62,600)
(57,373)
Net liabilities
(74,805)
(60,974)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(74,806)
(60,975)
Shareholders' funds
(74,805)
(60,974)
For the year ending 31 March 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 16 December 2024 and were signed on its behalf by
Mrs S Doyle Director Company Registration No. 09430634
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Steph's Beauty Lounge Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Steph's Beauty Lounge Limited is a private company, limited by shares, registered in England and Wales, registration number 09430634. The registered office is Stephs Beauty Lounge, 14 Tower Gardens, Holywell, Clwyd, CH8 7TG, Wales.
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.
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
Straight Line
Fixtures & fittings
Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Amortisation
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Net book value
At 31 March 2024
- 
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Steph's Beauty Lounge Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
66,606 
At 31 March 2024
66,606 
Depreciation
At 1 April 2023
39,621 
Charge for the year
7,185 
At 31 March 2024
46,806 
Net book value
At 31 March 2024
19,800 
At 31 March 2023
26,985 
6
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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