REGISTERED NUMBER: 13753878 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

AZALEA BEAUTY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S L Priley

REGISTERED OFFICE:

Grove House

1 Grove Place

Bedford

Bedfordshire

MK40 3JJ

REGISTERED NUMBER:

13753878 (England and Wales)

FIXED ASSETS

Tangible assets

5

32,582

25,872

CURRENT ASSETS

Stocks

6

7,561

6,705

Debtors

7

31,389

17,243

Cash at bank and in hand

5,898

981

44,848

24,929

CREDITORS

Amounts falling due within one year

8

48,440

52,077

NET CURRENT LIABILITIES

(3,592

)

(27,148

)

TOTAL ASSETS LESS CURRENT LIABILITIES

28,990

(1,276

)

CREDITORS

Amounts falling due after more than one year

9

(6,579

)

-

PROVISIONS FOR LIABILITIES

(6,953

)

(4,916

)

NET ASSETS/(LIABILITIES)

15,458

(6,192

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

15,358

(6,292

)

15,458

(6,192

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2025 and were signed by:

Mrs S L Priley - Director

1.	STATUTORY INFORMATION

Azalea Beauty 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 Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on cost

Plant and machinery

-

25% on cost and 10% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

Computer

to property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

2,490

30,901

846

756

34,993

Additions

-

11,520

-

-

11,520

At 31 March 2025

2,490

42,421

846

756

46,513

DEPRECIATION

At 1 April 2024

1,245

7,034

338

504

9,121

Charge for year

622

3,766

170

252

4,810

At 31 March 2025

1,867

10,800

508

756

13,931

NET BOOK VALUE

At 31 March 2025

623

31,621

338

-

32,582

At 31 March 2024

1,245

23,867

508

252

25,872

6.

STOCKS

2025

2024

£

£

Stocks

7,561

6,705

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

31,389

14,800

Other debtors

-

2,443

31,389

17,243

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

-

13,371

Hire purchase contracts

3,290

-

Tax

7,750

(12

)

Social security and other taxes

-

470

VAT

4,291

5,213

Other creditors

-

256

Directors' current accounts

31,808

28,597

Prepaid income

288

4,182

Accrued expenses

1,013

-

48,440

52,077

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,579

-