TROPICAL HAIR & BEAUTY BY NICHOL LTD


Director	THOMPSON, Nichol Jade


Registered Address	2 Riverside Park
	South Hylton
	Sunderland
	SR4 0RT


Registered Number	13124707 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		115		486
			115		486
Current assets
Debtors		128		17
Cash at bank and on hand		4,727		1,647
		4,855		1,664
Creditors amounts falling due within one year	4	(8,677)		(1,558)
Net current assets (liabilities)			(3,822)		106
Total assets less current liabilities			(3,707)		592
Net assets			(3,707)		592
Capital and reserves
Called up share capital			100		100
Profit and loss account			(3,807)		492
Shareholders' funds			(3,707)		592

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 13 August 2026, and are signed on its behalf by:

THOMPSON, Nichol Jade
Director
Registered Company No. 13124707

TROPICAL HAIR & BEAUTY BY NICHOL LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 25	1,485	1,485
At 31 January 26	1,485	1,485
Depreciation and impairment
At 01 February 25	999	999
Charge for year	371	371
At 31 January 26	1,370	1,370
Net book value
At 31 January 26	115	115
At 31 January 25	486	486

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	93	172
Amounts owed to related parties	8,584	1,386
Total	8,677	1,558