Tranquility Nails & Beauty Limited

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 14474798

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,811		-

			17,811		-
CURRENT ASSETS
Stocks	5	3,050		2,500
Debtors	6	-		5,326
Cash at bank and in hand		3,207		7,573

		6,257		15,399
Creditors: Amounts Falling Due Within One Year	7	(19,430 )		(10,535 )

NET CURRENT ASSETS (LIABILITIES)			(13,173 )		4,864

TOTAL ASSETS LESS CURRENT LIABILITIES			4,638		4,864

NET ASSETS			4,638		4,864

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			4,637		4,863

SHAREHOLDERS' FUNDS			4,638		4,864

Page 1

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Tranquility Nails & Beauty Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 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.

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

Mrs Cheryl Edwards

Director

16/10/2026

The notes on pages 4 to 6 form part of these financial statements.

1. General Information

Tranquility Nails & Beauty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14474798 . The registered office is 6 Park Street, Towcester, NN12 6DQ.

The presentational currency of the financial statements is pound sterling and the figures are rounded to the nearest £1.

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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 rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.5. Financial Instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are sebsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective rate of interest method.

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Tranquility Nails & Beauty Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit and loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.7. Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are ready convertible to known amounts of cash with insignificant risk of change in value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	-	-	-
Additions	23,295	400	23,695

As at 31 March 2026	23,295	400	23,695

Depreciation
As at 1 April 2025	-	-	-
Provided during the period	5,751	133	5,884

As at 31 March 2026	5,751	133	5,884

Net Book Value
As at 31 March 2026	17,544	267	17,811

As at 1 April 2025	-	-	-

5. Stocks

	2026	2025
	£	£
Stock	3,050	2,500

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Tranquility Nails & Beauty Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	-	5,326

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	78	875
Other creditors	14,299	1,704
Taxation and social security	5,053	7,956

	19,430	10,535

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

Page 6

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2024	1	6,083	6,084
Profit for the year and total comprehensive income	-	22,780	22,780

Dividends paid	-	(24,000)	(24,000)

As at 31 March 2025 and 1 April 2025	1	4,863	4,864


Profit for the year and total comprehensive income	-	18,405	18,405

Dividends paid	-	(18,631)	(18,631)

As at 31 March 2026	1	4,637	4,638