

	Company registration number:	03759351






BRIGHT NAILS LIMITED

REPORT OF THE DIRECTOR'S AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 April 2025



BRIGHT NAILS LIMITED

BALANCE SHEET

AS AT 30 April 2025


		2025		2024
	Notes	£	£	£	£

FIXED ASSETS
Intangible assets	3		203,600		201,100
Tangible assets	4		49,267		70,653

			252,867		271,753

CURRENT ASSETS
Stocks		387,748		442,755
Debtors		243,484		303,702
Cash at bank and in hand		383,464		201,625

		1,014,696		948,082

CREDITORS
Amounts falling due within one year		(86,419)		(58,993)

NET CURRENT ASSETS			928,277		889,089

TOTAL ASSETS LESS
CURRENT LIABILITIES			1,181,144		1,160,842



NET ASSETS			1,181,144		1,160,842



CAPITAL AND RESERVES
Called-up equity share capital			0		100
Profit and loss account			1,181,144		1,160,742

SHAREHOLDERS FUNDS			1,181,144		1,160,842


For the year ending 30 April 2025 the company was entitled to exemption 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 the accounts.


All the members have consented to the preparation of abridged financial statements for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 22 May 2025 and signed on its behalf.



..........................................................................
K Willis

22 May 2025
The annexed notes form part of these financial statements.

BRIGHT NAILS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Accounting policies

Statutory information

Bright Nails Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the £ sterling.

Statement of compliance

These financial statements have been prepared in accordance with the provisions of Section 1A 'Small entities' of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There were no material departures from the standard.

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and Machinery - 20% per annum of cost

Motor Vehicles - 25% per annum of cost

Stocks and Work In Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Employees

The average number of persons employed by the company (including directors) during the year was 8.



3.	Intangible fixed assets
		Total

	Cost
	At start of period	201,100
	Additions	2,500
	At end of period	203,600

	Net Book Values
	At start of period	201,100
	At end of period	203,600



4.	Tangible fixed assets

		Total

	Cost
	At start of period	174,455
	Additions	710
	Disposals	(35,991)
	At end of period	139,174

	Depreciation
	At start of period	103,802
	Provided during the period	10,708
	On disposals	(24,603)
	At end of period	89,907

	Net Book Value
	At start of period	70,653
	At end of period	49,267

Related Party Transactions

Ordinary dividends paid to directors in their capacity as shareholders during the year included £51,000 to K W Willis (2023- £51,000).