Company Registration No. 11270548 (England and Wales)
Browns Tattoo Studio Ltd
Unaudited accounts
for the year ended 31 May 2025
Browns Tattoo Studio Ltd
Unaudited accounts
Contents
Browns Tattoo Studio Ltd
Company Information
for the year ended 31 May 2025
Directors
Gary Brown
Laura Brown
Company Number
11270548 (England and Wales)
Registered Office
38 Driver Street
Sheffield
South Yorkshire
S13 9WR
England
Accountants
Andrew Stockwell MAAT- AJS Accounting Solutions
SY Sheffield
Bardwell Road
Sheffield
Nottinghamshire
S3 8AS
Browns Tattoo Studio Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
22,142
27,645
Cash at bank and in hand
10,136
9,293
Creditors: amounts falling due within one year
(25,879)
(36,797)
Net current liabilities
(10,688)
(19,554)
Total assets less current liabilities
11,454
8,091
Creditors: amounts falling due after more than one year
(1,503)
(2,066)
Called up share capital
2
2
Profit and loss account
9,949
6,023
Shareholders' funds
9,951
6,025
For the year ending 31 May 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 27 July 2025 and were signed on its behalf by
Gary Brown
Director
Company Registration No. 11270548
Browns Tattoo Studio Ltd
Notes to the Accounts
for the year ended 31 May 2025
Browns Tattoo Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 11270548. The registered office is 38 Driver Street, Sheffield, South Yorkshire, S13 9WR, 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.
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.
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
15% reucing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
27,250
1,567
2,262
31,079
At 31 May 2025
27,250
1,567
2,262
31,079
At 1 June 2024
1,045
976
1,413
3,434
Charge for the year
5,055
249
199
5,503
At 31 May 2025
6,100
1,225
1,612
8,937
At 31 May 2025
21,150
342
650
22,142
At 31 May 2024
26,205
591
849
27,645
Amounts falling due within one year
Browns Tattoo Studio Ltd
Notes to the Accounts
for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
4,020
Other creditors
1,505
1,627
Loans from directors
23,478
28,609
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
Dividends [paid to directors in the year was as follows:
Mr Gary Brown £15,900 (2023: £14,075)
Mrs Laura Brown £15,900 (£2023: £14,075)
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).