Registration number: 07061209

Bellaire Beauty Limited

(Registration number: 07061209)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	53,040	64,884
Current assets
Stocks	5	15,310	10,854
Debtors	6	9,705	11,208
Cash at bank and in hand		2,184	50
		27,199	22,112
Creditors: Amounts falling due within one year	7	(68,800)	(51,627)
Net current liabilities		(41,601)	(29,515)
Total assets less current liabilities		11,439	35,369
Creditors: Amounts falling due after more than one year	7	(7,033)	(16,546)
Net assets		4,406	18,823
Capital and reserves
Called up share capital	8	1	1
Loan capital		130,000	100,000
Retained earnings		(125,595)	(81,178)
Shareholders' funds		4,406	18,823

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Bellaire Beauty Limited

(Registration number: 07061209)
Balance Sheet as at 31 December 2024

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

......................................... Ms Carly Hoey Director

Bellaire Beauty Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is: 16 Halsey Street, London, SW3 2QH.

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Bellaire Beauty Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Renovations to leasehold buildings	20% straight line basis
Plant and machinery	25% reducing balance basis
Fixtrues and fittings	25% straight line basis, 25% reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost is determined using the first-in, first-out (FIFO) method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 14 (2023 - 19).

Bellaire Beauty Limited

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

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	158,900	88,194	33,906	281,000
Additions	-	2,315	-	2,315
At 31 December 2024	158,900	90,509	33,906	283,315
Depreciation
At 1 January 2024	100,811	82,172	33,133	216,116
Charge for the year	11,618	2,348	193	14,159
At 31 December 2024	112,429	84,520	33,326	230,275
Carrying amount
At 31 December 2024	46,471	5,989	580	53,040
At 31 December 2023	58,089	6,022	773	64,884

Included within the net book value of land and buildings above is and £46,471 (2023 - £58,089) in respect of short leasehold land and buildings.
 

5

Stocks

	2024 £	2023 £
Other inventories	15,310	10,854

Bellaire Beauty Limited

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

6

Debtors

Current	2024 £	2023 £
Trade debtors	2,393	4,251
Prepayments	2,726	6,957
Other debtors	4,586	-
	9,705	11,208

7

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	9	10,332	10,304
Trade creditors		17,258	(2,300)
Taxation and social security		13,855	15,555
Accruals and deferred income		12,388	21,276
Other creditors		14,967	6,792
		68,800	51,627

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary shares of £0.10 each	10	1	10	1

Bellaire Beauty Limited

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

9	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	7,033	16,546

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	10,332	10,077
Bank overdrafts	-	227
	10,332	10,304

10	Related party transactions

	2024  £	2023  £
Directors' current account	(10,742)	(6,792)