TRANQUILITY NAILS & BEAUTY LIMITED

TRANQUILITY NAILS & BEAUTY LIMITED

Statement of Financial Position

As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Inventories	2	2,500	3,750
Debtors	3	5,326	9,130
Cash at bank and in hand		7,573	3,379
		15,399	16,259
Creditors: amount falling due within one year	4	(10,535)	(10,175)
Net current assets/(liabilities)		4,864	6,084


Total assets less current liabilities		4,864	6,084
Net assets/(liabilities)		4,864	6,084

Capital and reserves
Called up share capital		1	1
Profit and loss account		4,863	6,083
Shareholders fund		4,864	6,084

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The directors have elected not to include the profit and loss account within the financial statements.

Signed on behalf of the board of directors:

----------------------------------
Cheryl Louise Edwards
Director

Date approved: 08 October 2025

TRANQUILITY NAILS & BEAUTY LIMITED

Notes to the Accounts

For the year ended 31 March 2025

Statutory Information

TRANQUILITY NAILS & BEAUTY LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 14474798, registration address Sterling House, 31/32 High Street, Wellingborough, Northamptonshire, NN8 4HL, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

Stocks

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

Inventories

	2025 £		2024 £
Stocks	2,500		3,750
	2,500		3,750

Debtors: amounts falling due within one year

	2025 £		2024 £
Other debtors less than one year	5,326		9,130
	5,326		9,130

Creditors: amount falling due within one year

	2025 £	2024 £
Trade creditors	875	0
Taxation & social security less than one year	7,956	3,030
Other creditors less than one year	1,704	7,145
	10,535	10,175

Share Capital

Allotted	2025 £		2024 £
1 Ordinary shares of £1.00 each	1		1
	1		1

6.	Average number of employees Average number of employees during the year was 1 (2024: 1).

7.	Controlling party The company is controlled by Ms C Bounds.

Contents Page

Business Information

Statement of Financial Position

Notes to the Accounts