Registered number
09853537
Ange's Brow and Waxing Studio Ltd
Filleted Accounts
30 November 2024
Ange's Brow and Waxing Studio Ltd
Registered number: 09853537
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 28,661 33,277
Current assets
Stocks 1,780 2,130
Debtors 4 2,432 5,373
Cash at bank and in hand 2,973 8,114
7,185 15,617
Creditors: amounts falling due within one year 5 (22,792) (30,196)
Net current liabilities (15,607) (14,579)
Total assets less current liabilities 13,054 18,698
Provisions for liabilities (2,631) (3,508)
Net assets 10,423 15,190
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,323 15,090
Shareholder's funds 10,423 15,190
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Kaur
Director
Approved by the board on 17 July 2025
Ange's Brow and Waxing Studio Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance basis
Fixtures, fittings, tools and equipment 25% reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 December 2023 14,813 70,660 85,473
At 30 November 2024 14,813 70,660 85,473
Depreciation
At 1 December 2023 - 52,196 52,196
Charge for the year - 4,616 4,616
At 30 November 2024 - 56,812 56,812
Net book value
At 30 November 2024 14,813 13,848 28,661
At 30 November 2023 14,813 18,464 33,277
4 Debtors 2024 2023
£ £
Other debtors 2,432 5,373
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 662
Taxation and social security costs 3,731 27,204
Other creditors 19,061 2,330
22,792 30,196
6 Other information
Ange's Brow and Waxing Studio Ltd is a private company limited by shares and incorporated in England. Its registered office is:
54 Shirley High Street
Southampton
Hampshire
SO15 3NF
Ange's Brow and Waxing Studio Ltd 09853537 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2025 A Kaur No description of principal activity 09853537 2022-12-01 2023-11-30 09853537 core:WithinOneYear 2023-11-30 09853537 core:ShareCapital 2023-11-30 09853537 core:RetainedEarningsAccumulatedLosses 2023-11-30 09853537 2023-12-01 2024-11-30 09853537 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09853537 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09853537 bus:Director40 2023-12-01 2024-11-30 09853537 1 2023-12-01 2024-11-30 09853537 2 2023-12-01 2024-11-30 09853537 core:LandBuildings 2023-12-01 2024-11-30 09853537 core:PlantMachinery 2023-12-01 2024-11-30 09853537 countries:England 2023-12-01 2024-11-30 09853537 bus:FRS102 2023-12-01 2024-11-30 09853537 bus:FilletedAccounts 2023-12-01 2024-11-30 09853537 2024-11-30 09853537 core:WithinOneYear 2024-11-30 09853537 core:ShareCapital 2024-11-30 09853537 core:RetainedEarningsAccumulatedLosses 2024-11-30 09853537 core:LandBuildings 2024-11-30 09853537 core:PlantMachinery 2024-11-30 09853537 2023-11-30 09853537 core:LandBuildings 2023-11-30 09853537 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure