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Company Registration No. 11078985 (England and Wales)
Hill Nails Limited Unaudited accounts for the year ended 30 November 2024
Hill Nails Limited Unaudited accounts Contents
Page
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Hill Nails Limited Company Information for the year ended 30 November 2024
Director
An Hoang Ma
Company Number
11078985 (England and Wales)
Registered Office
54 Westbourne Grove London London W2 5SH England
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Accountants' report on the preparation of the unaudited statutory statements of Hill Nails Limited (The Company) for the year ended 30 November 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 30 November 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated 30 November 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 30 November 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Financial Accountants 26 May 2025
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Hill Nails Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,681 
37,988 
Current assets
Debtors
15,000 
8,500 
Cash at bank and in hand
14,656 
38,975 
29,656 
47,475 
Creditors: amounts falling due within one year
(14,643)
(10,312)
Net current assets
15,013 
37,163 
Total assets less current liabilities
31,694 
75,151 
Creditors: amounts falling due after more than one year
(33,504)
(71,540)
Net (liabilities)/assets
(1,810)
3,611 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(1,811)
3,610 
Shareholders' funds
(1,810)
3,611 
For the year ending 30 November 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 30 May 2025 and were signed on its behalf by
An Hoang Ma Director Company Registration No. 11078985
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Hill Nails Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Hill Nails Limited is a private company, limited by shares, registered in England and Wales, registration number 11078985. The registered office is 54 Westbourne Grove, London, London, W2 5SH, 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
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%
Fixtures & fittings
25%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
8,784 
89,924 
98,708 
At 30 November 2024
8,784 
89,924 
98,708 
Depreciation
At 1 December 2023
5,856 
54,864 
60,720 
Charge for the year
2,928 
18,379 
21,307 
At 30 November 2024
8,784 
73,243 
82,027 
Net book value
At 30 November 2024
- 
16,681 
16,681 
At 30 November 2023
2,928 
35,060 
37,988 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
6,500 
- 
Amounts falling due after more than one year
Other debtors
8,500 
8,500 
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Hill Nails Limited Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,557 
3,372 
Taxes and social security
7,130 
5,990 
Other creditors
2,956 
- 
Accruals
- 
950 
14,643 
10,312 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,697 
15,869 
Loans from directors
23,807 
55,671 
33,504 
71,540 
8
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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