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Company Registration No. 15052605 (England and Wales)
MD Love Nails Ltd Unaudited accounts for the period from 7 August 2023 to 31 August 2024
MD Love Nails Ltd Unaudited accounts Contents
Page
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MD Love Nails Ltd Company Information for the period from 7 August 2023 to 31 August 2024
Director
Mr Van Phi Duong
Company Number
15052605 (England and Wales)
Registered Office
82 Nolton Street Bridgend CF31 3BP Wales
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
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MD Love Nails Ltd Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
13,766 
Current assets
Debtors
377 
Cash at bank and in hand
1,162 
1,539 
Creditors: amounts falling due within one year
(13,191)
Net current liabilities
(11,652)
Net assets
2,114 
Capital and reserves
Called up share capital
100 
Profit and loss account
2,014 
Shareholders' funds
2,114 
For the period ending 31 August 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 his 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 24 February 2025 and were signed on its behalf by
Mr Van Phi Duong Director Company Registration No. 15052605
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MD Love Nails Ltd Notes to the Accounts for the period from 7 August 2023 to 31 August 2024
1
Statutory information
MD Love Nails Ltd is a private company, limited by shares, registered in England and Wales, registration number 15052605. The registered office is 82 Nolton Street, Bridgend, CF31 3BP, Wales.
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 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
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 7 August 2023
- 
Additions
17,208 
At 31 August 2024
17,208 
Depreciation
Charge for the period
3,442 
At 31 August 2024
3,442 
Net book value
At 31 August 2024
13,766 
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
377 
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MD Love Nails Ltd Notes to the Accounts for the period from 7 August 2023 to 31 August 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
3,191 
Loans from directors
10,000 
13,191 
7
Average number of employees
During the period the average number of employees was 4.
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