Company Registration No. 09648743 (England and Wales)
Flawless Beauty and Nails Ltd
Unaudited accounts
for the year ended 31 March 2025
Flawless Beauty and Nails Ltd
Unaudited accounts
Contents
Flawless Beauty and Nails Ltd
Company Information
for the year ended 31 March 2025
Directors
Mrs A Casey
Mr M Casey
Company Number
09648743 (England and Wales)
Registered Office
1 The Marts
Rudgwick
Horsham
West Sussex
RH12 3HH
Flawless Beauty and Nails Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
14,945
9,765
Creditors: amounts falling due within one year
(25,113)
(14,675)
Net current (liabilities)/assets
(2,047)
3,831
Total assets less current liabilities
842
4,312
Creditors: amounts falling due after more than one year
(620)
(4,232)
Called up share capital
10
10
Profit and loss account
212
70
Shareholders' funds
222
80
For the year ending 31 March 2025 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 4 June 2025 and were signed on its behalf by
Mrs A Casey
Director
Company Registration No. 09648743
Flawless Beauty and Nails Ltd
Notes to the Accounts
for the year ended 31 March 2025
Flawless Beauty and Nails Ltd is a private company, limited by shares, registered in England and Wales, registration number 09648743. The registered office is 1 The Marts, Rudgwick, Horsham, West Sussex, RH12 3HH.
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.
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.
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.
Turnover represents the value, net of VAT and discounts, of goods and services provided to customers.
Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is determined on a first in, first out basis. Net realisable value is based on estimated selling price, less any further costs of realisation.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per annum straight line
Computer equipment
25% per annum straight line
Rentals applicable to operating leases where substantially all of the benefits of risk of ownership remain with the lessor are charged to the profit and loss account as incurred.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.
Flawless Beauty and Nails Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
2,700
607
1,143
4,450
Additions
396
2,590
-
2,986
At 31 March 2025
3,096
3,197
1,143
7,436
At 1 April 2024
2,700
126
1,143
3,969
Charge for the year
36
542
-
578
At 31 March 2025
2,736
668
1,143
4,547
At 31 March 2025
360
2,529
-
2,889
At 31 March 2024
-
481
-
481
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,600
3,600
Trade creditors
1,190
1,219
Taxes and social security
9,539
8,420
Other creditors
10,384
9,006
Loans from directors
50
(8,220)
Flawless Beauty and Nails Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Mrs A Casey
8,220
230
8,500
(50)
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).