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Company Registration No. 11984213 (England and Wales)
Classy Nails & Beauty (KT) Limited Unaudited accounts for the year ended 31 May 2024
Classy Nails & Beauty (KT) Limited Unaudited accounts Contents
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Classy Nails & Beauty (KT) Limited Company Information for the year ended 31 May 2024
Director
Ms Thi Mai Vu
Company Number
11984213 (England and Wales)
Registered Office
17 Canterbury Street Gillingham ME7 5TP England
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
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Classy Nails & Beauty (KT) Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,091 
5,455 
Current assets
Debtors
1,767 
839 
Cash at bank and in hand
32,672 
34,600 
34,439 
35,439 
Creditors: amounts falling due within one year
(13,167)
(14,165)
Net current assets
21,272 
21,274 
Total assets less current liabilities
25,363 
26,729 
Creditors: amounts falling due after more than one year
(7,111)
(11,140)
Net assets
18,252 
15,589 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,152 
15,489 
Shareholders' funds
18,252 
15,589 
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 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 4 June 2024 and were signed on its behalf by
Ms Thi Mai Vu Director Company Registration No. 11984213
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Classy Nails & Beauty (KT) Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Classy Nails & Beauty (KT) Limited is a private company, limited by shares, registered in England and Wales, registration number 11984213. The registered office is 17 Canterbury Street, Gillingham, ME7 5TP, England.
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:
Fixtures & fittings
25% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2023
13,817 
At 31 May 2024
13,817 
Depreciation
At 1 June 2023
8,362 
Charge for the year
1,364 
At 31 May 2024
9,726 
Net book value
At 31 May 2024
4,091 
At 31 May 2023
5,455 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,767 
839 
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Classy Nails & Beauty (KT) Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,985 
1,602 
Trade creditors
225 
171 
Taxes and social security
3,157 
1,642 
Proposed dividends
- 
2,000 
Loans from directors
- 
8,000 
Accruals
800 
750 
13,167 
14,165 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,111 
11,140 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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