Company Registration No. SC575034 (Scotland)
REAL BEAUTY NAILS LTD
Micro-entity Accounts
for the year ended 31 August 2024
REAL BEAUTY NAILS LTD
Micro-entity Accounts
Contents
REAL BEAUTY NAILS LTD
Company Information
for the year ended 31 August 2024
Company Number
SC575034 (Scotland)
Registered Office
200 HOPE STREET
GLASGOW
G2 2UG
SCOTLAND
Accountants
Avid Accountants Ltd
21 Blythswood Square
Glasgow
G2 4BL
Accountants' report on the preparation of the unaudited statutory statements of REAL BEAUTY NAILS LTD (The Company) for the year ended 31 August 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 31 August 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 . 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 31 August 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.
Avid Accountants Ltd
Financial Accountants
21 Blythswood Square
Glasgow
G2 4BL
30 August 2025
REAL BEAUTY NAILS LTD
Statement of financial position
as at 31 August 2024
Tangible assets
(7,600)
(1,969)
Cash at bank and in hand
4,292
5,462
Creditors: amounts falling due within one year
(23,857)
(13,667)
Net current (liabilities)/assets
(10,171)
1,189
Total assets less current liabilities
(7,771)
9,220
Creditors: amounts falling due after more than one year
(21,667)
(16,667)
Net liabilities
(29,438)
(7,447)
Called up share capital
10
10
Profit and loss account
(29,448)
(7,457)
Shareholders' funds
(29,438)
(7,447)
For the year ending 31 August 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 August 2025 and were signed on its behalf by
Yonglin PAN
Director
Company Registration No. SC575034
REAL BEAUTY NAILS LTD
Notes to the Accounts
for the year ended 31 August 2024
REAL BEAUTY NAILS LTD is a private company, limited by shares, registered in Scotland, registration number SC575034. The registered office is 200 HOPE STREET, GLASGOW, G2 2UG, SCOTLAND.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2023
4,789
23,367
28,156
At 31 August 2024
4,789
23,367
28,156
At 1 September 2023
5,584
24,541
30,125
Charge for the year
958
4,673
5,631
At 31 August 2024
6,542
29,214
35,756
At 31 August 2024
(1,753)
(5,847)
(7,600)
At 31 August 2023
(795)
(1,174)
(1,969)
5
Investments
Subsidiary undertakings
Valuation at 1 September 2023
10,000
Valuation at 31 August 2024
10,000
REAL BEAUTY NAILS LTD
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
139
-
Loans from directors
6,631
-
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
15,000
-
8
Average number of employees
During the year the average number of employees was 7 (2023: 6).