Registered number: 10471011 | ||||||||
FOR THE YEAR ENDED 30/11/2024 | ||||||||
Prepared By: | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
Style Tonic Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/11/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10471011 | ||||||||
ACCOUNTANTS | ||||||||
GT Accountants Limited | ||||||||
Unit 7, The Court House | ||||||||
72 Moorland Road, Burslem | ||||||||
Stoke on Trent | ||||||||
Staffs | ||||||||
ST6 1DY |
Style Tonic Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/11/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 |
Style Tonic Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
87,537 | 37,898 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 5,367 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 18,626 | 22,764 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 193,215 | 120,773 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
Director | ||||||||||
Style Tonic Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/11/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Long Leasehold Properties | straight line 10% | |||||||
Equipment | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Government Grants | ||||||||
Government grants are recognised in profit and loss in the year in which they are received. |
1e. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1f. Turnover | ||||||||
Turnover represents the value of goods and services supplied by the company, net of value added tax and trade discounts. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
Style Tonic Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Long Leasehold | ||||||
Properties | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/12/2023 | 105,346 | 73,918 | 179,264 | |||
Additions | 6,977 | 10,905 | 17,882 | |||
At 30/11/2024 | 112,323 | 84,823 | 197,146 | |||
Depreciation | ||||||
At 01/12/2023 | 17,447 | 21,297 | 38,744 | |||
For the year | 10,883 | 14,511 | 25,394 | |||
At 30/11/2024 | 28,330 | 35,808 | 64,138 | |||
Net Book Amounts | ||||||
At 30/11/2024 | 83,993 | 133,008 | ||||
At 30/11/2023 | 87,899 | 140,520 | ||||
4. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/12/2023 | 50 | 50 | |||||||
Disposals | (50) | (50) | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/11/2023 | 50 | 50 | |||||||
The company held 50% of the share capital of Zadrian & Sarah Limited; a joint venture company working with a carefully curated list of celebrity and high-profile clients, for editorial work, red carpet events and brand consultancy, incorporated in England & Wales. This company ceased to trade during the year with all reserves distibuted and initial capital returned. | |||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 34,503 | - | ||||||
UK corporation tax | - | 1,127 | ||||||
Prepayments | 611 | 2,000 | ||||||
Accrued income | - | 6,446 | ||||||
Directors current account | 40,676 | - | ||||||
75,790 | 9,573 | |||||||
Style Tonic Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 1,360 | 14 | ||||||
PAYE control | 279 | - | ||||||
Directors current account | - | 93 | ||||||
Bank Loan | 4,139 | 4,139 | ||||||
Credit card | - | 1,952 | ||||||
Trade creditors | 225 | 19,137 | ||||||
Pension schemes | 76 | - | ||||||
Accruals | - | 7,196 | ||||||
6,079 | 32,531 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 18,626 | 22,764 | ||||||
18,626 | 22,764 | |||||||
8. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 2,525 | 2,300 | ||||||
2,525 | 2,300 | |||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
Style Tonic Limited | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||