One For Sorrow Tattoo Ltd 31/08/2025 iXBRL

Company registration number: 12138725

ONE FOR SORROW TATTOO LTD

31 August 2025

HEYWOODS

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

ONE FOR SORROW TATTOO LTD

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

ONE FOR SORROW TATTOO LTD

DIRECTORS AND OTHER INFORMATION


	Director	Mr M Weatherhead


	Company number	12138725


	Registered office	138 Abbey Foregate
		Shrewsbury
		Shropshire
		SY2 6AP


	Business address	138 Abbey Foregate
		Shrewsbury
		Shropshire
		SY2 6AP


	Accountants	Heywoods
		Countrywide House
		Knights Way
		Shrewsbury
		Shropshire
		SY1 3AB

ONE FOR SORROW TATTOO LTD

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE

UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ONE FOR SORROW TATTOO LTD

YEAR ENDED 31ST AUGUST 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of One For Sorrow Tattoo Ltd for the year ended 31 August 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of One For Sorrow Tattoo Ltd, as a body, in accordance with the terms of our engagement letter dated 20 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of One For Sorrow Tattoo Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than One For Sorrow Tattoo Ltd and its director as a body for our work or for this report.

It is your duty to ensure that One For Sorrow Tattoo Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of One For Sorrow Tattoo Ltd. You consider that One For Sorrow Tattoo Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of One For Sorrow Tattoo Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Heywoods

Chartered Accountants

Countrywide House

Knights Way

Shrewsbury

Shropshire

SY1 3AB

2 December 2025

ONE FOR SORROW TATTOO LTD

STATEMENT OF FINANCIAL POSITION

31ST AUGUST 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	13,657		14,184
		_______		_______
			13,657		14,184

Current assets
Debtors	6	3,575		4,000
Cash at bank and in hand		35,254		32,992
		_______		_______
		38,829		36,992
Creditors: amounts falling due
within one year	7	( 29,587)		( 34,344)
		_______		_______
Net current assets			9,242		2,648
			_______		_______
Total assets less current liabilities			22,899		16,832

Creditors: amounts falling due
after more than one year	8		( 1,400)		( 3,800)

Provisions for liabilities			( 2,581)		( 2,695)

			_______		_______
Net assets			18,918		10,337
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			18,917		10,336
			_______		_______
Shareholders funds			18,918		10,337
			_______		_______

For the year ending 31 August 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 November 2025 , and are signed on behalf of the board by:

Mr M Weatherhead

Director

Company registration number: 12138725

ONE FOR SORROW TATTOO LTD

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31ST AUGUST 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 September 2023	1	( 11,144)	( 11,143)

Profit for the year		24,480	24,480
	_______	_______	_______
Total comprehensive income for the year	-	24,480	24,480

Dividends paid and payable		( 3,000)	( 3,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 3,000)	( 3,000)

	_______	_______	_______
At 31 August 2024 and 1 September 2024	1	10,335	10,336

Profit for the year		13,582	13,582
	_______	_______	_______
Total comprehensive income for the year	-	13,582	13,582

Dividends paid and payable		( 5,000)	( 5,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 5,000)	( 5,000)

	_______	_______	_______
At 31 August 2025	1	18,917	18,918
	_______	_______	_______

ONE FOR SORROW TATTOO LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31ST AUGUST 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 138 Abbey Foregate, Shrewsbury, Shropshire, SY2 6AP.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the value of the consideration received or receivable for services supplied, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	reducing balance
Fittings fixtures and equipment	-	15 %	reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 September 2024	3,981	35,482	39,463
Additions	-	1,718	1,718
	_______	_______	_______
At 31 August 2025	3,981	37,200	41,181
	_______	_______	_______
Depreciation
At 1 September 2024	3,041	22,236	25,277
Charge for the year	141	2,106	2,247
	_______	_______	_______
At 31 August 2025	3,182	24,342	27,524
	_______	_______	_______
Carrying amount
At 31 August 2025	799	12,858	13,657
	_______	_______	_______
At 31 August 2024	940	13,246	14,186
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	2,657	2,401
Other debtors	918	1,599
	_______	_______
	3,575	4,000
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,400	2,400
Trade creditors	149	12
Corporation tax	4,087	5,676
Social security and other taxes	4,433	4,438
Other creditors	18,518	21,818
	_______	_______
	29,587	34,344
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,400	3,800
	_______	_______

9. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr M Weatherhead	( 19,026)	6,050	-	( 12,976)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr M Weatherhead	( 23,795)	-	4,769	( 19,026)
		_______	_______	_______	_______