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REGISTERED NUMBER: SC666928 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Join the Nail Order Ltd

Join the Nail Order Ltd (Registered number: SC666928)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Join the Nail Order Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: C Costello
Mrs R Costello





REGISTERED OFFICE: Unit 5
142 Abercorn Street
Paisley
PA3 4DF





REGISTERED NUMBER: SC666928 (Scotland)





ACCOUNTANTS: Gerber Landa & Gee
Chartered Accountants
Pavilion 1
Finnieston Business Park
Minerva Way
GLASGOW
G3 8AU

Join the Nail Order Ltd (Registered number: SC666928)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,660 13,180

CURRENT ASSETS
Stocks 397,593 -
Debtors 5 261,741 -
Cash at bank and in hand 411,638 60,403
1,070,972 60,403
CREDITORS
Amounts falling due within one year 6 482,326 30,038
NET CURRENT ASSETS 588,646 30,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

655,306

43,545

PROVISIONS FOR LIABILITIES 14,022 -
NET ASSETS 641,284 43,545

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 641,184 43,445
641,284 43,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Join the Nail Order Ltd (Registered number: SC666928)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2025 and were signed on its behalf by:





C Costello - Director


Join the Nail Order Ltd (Registered number: SC666928)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Join the Nail Order Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in the financial statements are rounded to the nearest £.

Changes in accounting policies
The company has transitioned from applying the Financial Reporting Standard applicable to Micro-entities (FRS 105) to the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) for the year ended 31 December 2024.

The transition to FRS 102 provides more comprehensive accounting standards and allows for more relevant and reliable financial reporting, particularly as the company has grown and its operations have become more complex.

There were no transition or adjusting entries required to the comparative 2023 figures included in these financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Join the Nail Order Ltd (Registered number: SC666928)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held with banks.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 13,180
Additions 76,487
Disposals (83 )
At 31 December 2024 89,584
DEPRECIATION
Charge for year 22,924
At 31 December 2024 22,924
NET BOOK VALUE
At 31 December 2024 66,660
At 31 December 2023 13,180

Join the Nail Order Ltd (Registered number: SC666928)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,174 -
Other debtors 260,567 -
261,741 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 23,927 -
Taxation and social security 385,826 29,164
Other creditors 72,573 874
482,326 30,038

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 52,794 -
Between one and five years 44,275 -
97,069 -

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
C Costello
Balance outstanding at start of year - -
Amounts advanced 191,170 -
Amounts repaid (60,888 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 130,282 -

Included in other debtors is £130,283 due to the company from director Christopher Costello. Interest has been charged at 2.25% on the outstanding amounts. There is no fixed repayment date.

9. RELATED PARTY DISCLOSURES

Included in other debtors is £130,283 due to the company from Mrs R Costello. Mrs R Costello is a shareholder and spouse of Director and shareholder Mr C Costello. Interest has been charged at 2.25% on the outstanding amounts. There is no fixed repayment date.