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Company Registration No. 12540778 (England and Wales)
PY Nail & Beauty Limited Unaudited accounts for the year ended 31 March 2025
PY Nail & Beauty Limited Unaudited accounts Contents
Page
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PY Nail & Beauty Limited Company Information for the year ended 31 March 2025
Director
Mr Xuan Phi Nguyen
Company Number
12540778 (England and Wales)
Registered Office
544 Durham Road Gateshead NE9 6HX England
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
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PY Nail & Beauty Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
393 
491 
Current assets
Debtors
567 
11,697 
Cash at bank and in hand
77,635 
80,931 
78,202 
92,628 
Creditors: amounts falling due within one year
(15,990)
(47,168)
Net current assets
62,212 
45,460 
Total assets less current liabilities
62,605 
45,951 
Creditors: amounts falling due after more than one year
(74)
- 
Net assets
62,531 
45,951 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
62,530 
45,950 
Shareholders' funds
62,531 
45,951 
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 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 July 2025 and were signed on its behalf by
Mr Xuan Phi Nguyen Director Company Registration No. 12540778
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PY Nail & Beauty Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PY Nail & Beauty Limited is a private company, limited by shares, registered in England and Wales, registration number 12540778. The registered office is 544 Durham Road, Gateshead, NE9 6HX, 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:
Fixtures & fittings
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,200 
At 31 March 2025
1,200 
Depreciation
At 1 April 2024
709 
Charge for the year
98 
At 31 March 2025
807 
Net book value
At 31 March 2025
393 
At 31 March 2024
491 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
237 
1,428 
Accrued income and prepayments
330 
- 
Other debtors
- 
10,269 
567 
11,697 
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PY Nail & Beauty Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
822 
4,015 
Trade creditors
4 
- 
Taxes and social security
10,136 
12,413 
Proposed dividends
4,000 
25,000 
Other creditors
- 
5,265 
Accruals
1,028 
475 
15,990 
47,168 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Taxes and social security
74 
- 
8
Average number of employees
During the year the average number of employees was 10 (2024: 6).
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