REGISTERED NUMBER: SC748988 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Opalily Bridal Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs F L Barron

Mr S D Barron

REGISTERED OFFICE:

50 Balmellie Street

Turriff

Aberdeenshire

AB53 4DU

REGISTERED NUMBER:

SC748988 (Scotland)

ACCOUNTANTS:

SBP

Accountants

27 Finlayson Street

Fraserburgh

Aberdeenshire

AB43 9JQ

FIXED ASSETS

Tangible assets

4

1,075

1,541

CURRENT ASSETS

Stocks

30,228

23,519

Debtors

5

2,865

93

Cash at bank

1

26

33,094

23,638

CREDITORS

Amounts falling due within one year

6

84,254

78,013

NET CURRENT LIABILITIES

(51,160

)

(54,375

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,085

)

(52,834

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(50,185

)

(52,934

)

SHAREHOLDERS' FUNDS

(50,085

)

(52,834

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 October 2026 and were signed on its behalf by:

Mrs F L Barron - Director

1.	STATUTORY INFORMATION

Opalily Bridal Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Going concern

The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. As a result, the directors have adopted the going concern basis of accounting in preparing the annual financial statements.

Turnover

Turnover represents amounts receivable for services provided in the normal course of business, net of discounts. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

Tangible fixed assets

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

Shop furnishings & fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Stocks

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

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Shop

furnishings

Computer

& fittings

equipment

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

2,349

349

2,698

DEPRECIATION

At 1 December 2024

945

212

1,157

Charge for year

351

115

466

At 30 November 2025

1,296

327

1,623

NET BOOK VALUE

At 30 November 2025

1,053

22

1,075

At 30 November 2024

1,404

137

1,541

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

2,865

-

Other debtors

-

93

2,865

93

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

7,514

3,581

Other creditors

76,740

74,432

84,254

78,013

The balance of other creditors includes sums totalling £46,700 owing to the director, Mrs F.Barron.

7.	RELATED PARTY DISCLOSURES

The director, Mrs F.Barron, operates a current account with the company and as at the financial year end the balance owing to her was £36,395. There are no fixed terms of repayment and no interest is accrued.

Mrs Barron also operates a separate loan account and the balance owing to her as at the financial year end was £10,386. This loan is repaid at a fixed monthly rate of £426 subject to the availability of funds. Interest of £778 was charged during the year.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs F L Barron.