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Company Registration No. 10448229 (England and Wales)
Paradise Nails Limited Unaudited accounts for the year ended 31 October 2025
Paradise Nails Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paradise Nails Limited Company Information for the year ended 31 October 2025
Director
Ms Phuong Minh Nguyen
Company Number
10448229 (England and Wales)
Registered Office
20 London Road Enfield EN2 6ED England
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
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Paradise Nails Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,598
2,398
Current assets
Inventories
-
1,096
Debtors
5
11,541
11,316
Cash at bank and in hand
43,448
24,617
54,989
37,029
Creditors: amounts falling due within one year
6
(36,746)
(36,023)
Net current assets
18,243
1,006
Net assets
19,841
3,404
Capital and reserves
Called up share capital
1
1
Profit and loss account
19,840
3,403
Shareholders' funds
19,841
3,404
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2025 and were signed on its behalf by
Ms Phuong Minh Nguyen Director Company Registration No. 10448229
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Paradise Nails Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Paradise Nails Limited is a private company, limited by shares, registered in England and Wales, registration number 10448229. The registered office is 20 London Road, Enfield, EN2 6ED, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 November 2024
8,563
At 31 October 2025
8,563
Depreciation
At 1 November 2024
6,165
Charge for the year
800
At 31 October 2025
6,965
Net book value
At 31 October 2025
1,598
At 31 October 2024
2,398
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
4,791
4,566
Other debtors
6,750
6,750
11,541
11,316
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Paradise Nails Limited Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
9,563
11,702
Taxes and social security
13,474
10,203
Other creditors
5,252
1,381
Loans from directors
8,457
11,187
Accruals
-
1,550
36,746
36,023
7
Average number of employees
During the year the average number of employees was 9 (2024: 7).
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