Company Registration No. 09232215 (England and Wales)
Vida Loca Tattoo Studio Limited
Unaudited accounts
for the year ended 30 September 2024
Vida Loca Tattoo Studio Limited
Unaudited accounts
Contents
Vida Loca Tattoo Studio Limited
Company Information
for the year ended 30 September 2024
Directors
Mr Daniel Watson
Mr Paul McCarthy
Secretary
Alison Jane McCarthy
Company Number
09232215 (England and Wales)
Registered Office
36 Bridge Street
Bolton
BL1 2EH
England
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
Vida Loca Tattoo Studio Limited
Statement of financial position
as at 30 September 2024
Tangible assets
115,000
115,000
Cash at bank and in hand
7,166
4,442
Creditors: amounts falling due within one year
(86,199)
(77,335)
Net current liabilities
(77,685)
(71,545)
Total assets less current liabilities
37,315
43,455
Creditors: amounts falling due after more than one year
(58,498)
(65,711)
Net liabilities
(21,183)
(22,256)
Called up share capital
100
100
Profit and loss account
(21,283)
(22,356)
Shareholders' funds
(21,183)
(22,256)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by
Mr Paul McCarthy
Director
Company Registration No. 09232215
Vida Loca Tattoo Studio Limited
Notes to the Accounts
for the year ended 30 September 2024
Vida Loca Tattoo Studio Limited is a private company, limited by shares, registered in England and Wales, registration number 09232215. The registered office is 36 Bridge Street, Bolton, BL1 2EH, 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.
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
50% Straight Line
Fixtures & fittings
50% Straight Line
Computer equipment
50% Straight Line
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Tangible fixed assets
Total
At 30 September 2024
121,070
At 30 September 2024
6,070
At 30 September 2024
115,000
At 30 September 2023
115,000
Vida Loca Tattoo Studio Limited
Notes to the Accounts
for the year ended 30 September 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 2 (2023: 2).