Company Registration No. SC360054 (Scotland)
Modello Hair Salon & Spa Limited
Unaudited accounts
for the year ended 31 May 2024
Modello Hair Salon & Spa Limited
Unaudited accounts
Contents
Modello Hair Salon & Spa Limited
Company Information
for the year ended 31 May 2024
Company Number
SC360054 (Scotland)
Modello Hair Salon & Spa Limited
Statement of financial position
as at 31 May 2024
Tangible assets
17,963
15,329
Cash at bank and in hand
18,918
18,384
Creditors: amounts falling due within one year
(28,845)
(23,499)
Net current liabilities
(6,682)
(2,601)
Called up share capital
1
1
Profit and loss account
11,280
12,727
Shareholders' funds
11,281
12,728
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 16 January 2025 and were signed on its behalf by
Stacey McCormack
Director
Company Registration No. SC360054
Modello Hair Salon & Spa Limited
Notes to the Accounts
for the year ended 31 May 2024
Modello Hair Salon & Spa Limited is a private company, limited by shares, registered in Scotland, registration number SC360054.
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.
4
Tangible fixed assets
Fixtures & fittings
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,810
15,727
Trade creditors
11,164
3,292
Taxes and social security
138
-
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).