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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
Page
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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
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Vida Loca Tattoo Studio Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
115,000 
115,000 
Current assets
Debtors
1,348 
1,348 
Cash at bank and in hand
7,166 
4,442 
8,514 
5,790 
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)
Capital and reserves
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
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Vida Loca Tattoo Studio Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
3
Accounting policies
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.
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
50% Straight Line
Fixtures & fittings
50% Straight Line
Computer equipment
50% Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 October 2023
121,070 
At 30 September 2024
121,070 
Depreciation
At 1 October 2023
6,070 
At 30 September 2024
6,070 
Net book value
At 30 September 2024
115,000 
At 30 September 2023
115,000 
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Vida Loca Tattoo Studio Limited Notes to the Accounts for the year ended 30 September 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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