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Company Registration No. 13407481 (England and Wales)
EMPRESS PIERCING LTD Unaudited accounts for the year ended 31 May 2024
EMPRESS PIERCING LTD Unaudited accounts Contents
Page
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EMPRESS PIERCING LTD Company Information for the year ended 31 May 2024
Directors
Kate Barnfield Natasha Harries
Company Number
13407481 (England and Wales)
Registered Office
159 Holton Road Barry CF63 4HP
Accountants
Richlands Accountancy Ltd Richlands Maesteg Road Tondu Bridgend CF32 9BT
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EMPRESS PIERCING LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,392 
4,014 
Current assets
Inventories
4,500 
2,500 
Debtors
96,837 
23,994 
Cash at bank and in hand
32,308 
37,955 
133,645 
64,449 
Creditors: amounts falling due within one year
(118,842)
(42,316)
Net current assets
14,803 
22,133 
Net assets
22,195 
26,147 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
22,095 
26,047 
Shareholders' funds
22,195 
26,147 
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 directors acknowledge their 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 of Directors and authorised for issue on 27 February 2025 and were signed on its behalf by
Natasha Harries Director Company Registration No. 13407481
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EMPRESS PIERCING LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
EMPRESS PIERCING LTD is a private company, limited by shares, registered in England and Wales, registration number 13407481. The registered office is 159 Holton Road, Barry, CF63 4HP.
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
25% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
1,646 
2,669 
1,406 
5,721 
Additions
1,350 
1,015 
3,022 
5,387 
At 31 May 2024
2,996 
3,684 
4,428 
11,108 
Depreciation
At 1 June 2023
411 
803 
493 
1,707 
Charge for the year
646 
576 
787 
2,009 
At 31 May 2024
1,057 
1,379 
1,280 
3,716 
Net book value
At 31 May 2024
1,939 
2,305 
3,148 
7,392 
At 31 May 2023
1,235 
1,866 
913 
4,014 
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EMPRESS PIERCING LTD Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
6,081 
498 
Other debtors
90,756 
23,496 
96,837 
23,994 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,523 
12,097 
Trade creditors
55,334 
1,370 
Taxes and social security
31,846 
24,530 
Other creditors
27,439 
3,369 
Accruals
1,700 
950 
118,842 
42,316 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors Current Account
14,225 
84,530 
52,399 
46,356 
Directors Current Account
9,272 
87,500 
52,369 
44,403 
23,497 
172,030 
104,768 
90,759 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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