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Registered number: SC274550
Jet (Beauty Services) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Infinity Advisors Ltd t/a Infinity Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC274550
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 268 689
268 689
CURRENT ASSETS
Stocks 5 12,169 19,822
Debtors 6 5,500 622
Cash at bank and in hand 210 3,480
17,879 23,924
Creditors: Amounts Falling Due Within One Year 7 (14,666 ) (19,681 )
NET CURRENT ASSETS (LIABILITIES) 3,213 4,243
TOTAL ASSETS LESS CURRENT LIABILITIES 3,481 4,932
Creditors: Amounts Falling Due After More Than One Year 8 - (2,800 )
NET ASSETS 3,481 2,132
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 3,479 2,130
SHAREHOLDERS' FUNDS 3,481 2,132
Page 1
Page 2
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.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S Tate
Director
5th May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Jet (Beauty Services) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC274550 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Leasehold 25% on Cost
Fixtures & Fittings 25% on Cost
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was 4 (2024: 5)
4 5
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Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2024 5,748 5,022 608 11,378
Disposals - (459 ) - (459 )
As at 31 August 2025 5,748 4,563 608 10,919
Depreciation
As at 1 September 2024 5,748 4,333 608 10,689
Provided during the period - 420 - 420
Disposals - (458 ) - (458 )
As at 31 August 2025 5,748 4,295 608 10,651
Net Book Value
As at 31 August 2025 - 268 - 268
As at 1 September 2024 - 689 - 689
5. Stocks
2025 2024
£ £
Stock 12,169 19,822
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,760 -
Other debtors 3,740 622
5,500 622
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (2 ) 1
Other loans 2,800 5,600
Other creditors 876 2,844
Taxation and social security 10,992 11,236
14,666 19,681
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans - 2,800
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 5