| Colour Palette by Tassy Ltd |
| Registered number: |
13944687 |
| Balance Sheet |
| as at 28 February 2025 |
|
|
|
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
|
|
|
218 |
|
|
272 |
|
| Current assets |
| Cash at bank and in hand |
|
|
5,729 |
|
|
8,977 |
|
| Creditors: amounts falling due within one year |
|
|
(5,503) |
|
|
(8,361) |
|
| Net current assets |
|
|
|
226 |
|
|
616 |
|
| Net assets |
|
|
|
444 |
|
|
888 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
443 |
|
|
887 |
|
| Shareholder's funds |
|
|
|
444 |
|
|
888 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| Mrs Tasleem Urfan |
| Director |
| Approved by the board on 20 October 2025 |
|
| Colour Palette by Tassy Ltd |
| Notes to the Accounts |
| for the year ended 28 February 2025 |
|
|
| 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 rendering of services. 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 |
20% reducing balance method |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Other information |
|
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Colour Palette by Tassy Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Flat 5 Astral House |
|
The Runway |
|
Ruislip |
|
HA4 6SE |