REGISTERED NUMBER: 11523322 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Prestige Nails Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

72,851

80,464

Current assets

Debtors

5

208,195

204,362

Cash at bank

4,947

26,181

213,142

230,543

Creditors

Amounts falling due within one year

6

(42,781

)

(34,243

)

Net current assets

170,361

196,300

Total assets less current liabilities

243,212

276,764

Creditors

Amounts falling due after more than one year

7

(81,625

)

(119,852

)

Net assets

161,587

156,912

Capital and reserves

Called up share capital

100

100

Retained earnings

9

161,487

156,812

Shareholders' funds

161,587

156,912

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2026 and were signed by:

Miss Fozia Anyat - Director

1.	Statutory information

Prestige Nails Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11523322

Registered office:

Marshall House, Suite 21-25

124 Middleton Road

Morden

Surrey

SM4 6RW

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.	Employees and directors

The average number of employees during the year was 5 (2024 - 7 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 September 2024

86,652

45,731

132,383

Additions

-

10,894

10,894

At 31 August 2025

86,652

56,625

143,277

Depreciation

At 1 September 2024

34,660

17,259

51,919

Charge for year

8,665

9,842

18,507

At 31 August 2025

43,325

27,101

70,426

Net book value

At 31 August 2025

43,327

29,524

72,851

At 31 August 2024

51,992

28,472

80,464

5.

Debtors: amounts falling due within one year

31.8.25

31.8.24

£

£

Trade debtors

25,003

11,670

Other debtors

144,245

153,745

Long term contracts

38,947

38,947

208,195

204,362

6.

Creditors: amounts falling due within one year

31.8.25

31.8.24

£

£

Corporation tax

41,409

34,243

Accrued expenses

1,372

-

42,781

34,243

7.

Creditors: amounts falling due after more than one year

31.8.25

31.8.24

£

£

Bank loans (see note 8)

78,125

119,852

Other loans (see note 8)

3,500

-

81,625

119,852

8.

Loans

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

78,125

119,852

Other loans - 1-2 years

3,500

-

81,625

119,852

9.

Reserves

Retained

earnings

£

At 1 September 2024

156,812

Profit for the year

19,021

Dividends

(14,346

)

At 31 August 2025

161,487