Registration number: 07469726

TVA Styling Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

TVA Styling Ltd

Company Information

Director

Mr Martin Hanson

Registered office

Unit 2 Fulwood View Brookside Way Huthwaite Sutton-in-Ashfield NG17 2NL

TVA Styling Ltd

(Registration number: 07469726)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	20,698	31,135
Current assets
Stocks	6	279,173	263,956
Debtors	7	8,696	10,517
Cash at bank and in hand		166,461	138,550
		454,330	413,023
Creditors: Amounts falling due within one year	8	(155,947)	(149,815)
Net current assets		298,383	263,208
Total assets less current liabilities		319,081	294,343
Creditors: Amounts falling due after more than one year	8	(18,070)	(29,721)
Provisions for liabilities		(5,174)	(5,915)
Net assets		295,837	258,707
Capital and reserves
Called up share capital	9	12	12
Retained earnings		295,825	258,695
Shareholders' funds		295,837	258,707

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

TVA Styling Ltd

(Registration number: 07469726)
Balance Sheet as at 31 March 2025

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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director on 17 December 2025
 

......................................... Mr Martin Hanson Director

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
Unit 2
Fulwood View Brookside Way
Huthwaite
Sutton-in-Ashfield
NG17 2NL

These financial statements were authorised for issue by the director on 17 December 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.

The presentation currency is GBP rounded to the nearest whole GBP

Going concern

The financial statements have been prepared on a going concern basis.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

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.

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
Plant & machinery	20% Straight Line
Motor Vehicles	25 Reducing balance
Fixtures & Fittings	25% Straight line
Office Equipment	25% Straight line

Stocks

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

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

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

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2024 - 10).

4	Profit/loss before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	7,331	11,098

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	15,087	52,615	2,617	70,319
Disposals	-	(6,625)	-	(6,625)
At 31 March 2025	15,087	45,990	2,617	63,694
Depreciation
At 1 April 2024	12,927	23,640	2,617	39,184
Charge for the year	864	6,467	-	7,331
Eliminated on disposal	-	(3,519)	-	(3,519)
At 31 March 2025	13,791	26,588	2,617	42,996
Carrying amount
At 31 March 2025	1,296	19,402	-	20,698
At 31 March 2024	2,160	28,975	-	31,135

6

Stocks

	2025 £	2024 £
Other inventories	279,173	263,956

7

Debtors

Current	2025 £	2024 £
Trade debtors	59	370
Other debtors	8,637	10,147
	8,696	10,517

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	19,476	31,021
Trade creditors		85,123	56,240
Taxation and social security		48,790	59,493
Accruals and deferred income		2,150	2,050
Other creditors		408	1,011
		155,947	149,815

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	18,070	29,721

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares A of £1 each	10	10	10	10
Ordinary shares B of £1 each	1	1	1	1
Ordinary shares C of £1 each	1	1	1	1
	12	12	12	12

TVA Styling Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	3,568
Hire purchase contracts	18,070	26,153
	18,070	29,721

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	9,817	25,000
Bank overdrafts	749	849
Hire purchase contracts	8,910	5,172
	19,476	31,021