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Registered number: 14761240
Nails Lounge Limited
Director's Report and
Unaudited Financial Statements
For The Year Ended 31 March 2026
Overpaidtax Limited
Contents
Page
Company Information 1
Director's Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5
Page 1
Company Information
Director Mrs F Xie
Company Number 14761240
Registered Office 55 High Street, ,
Gosforth
Newcastle Upon Tyne,
NE3 4AA
Accountants Overpaidtax Limited
Chartered Accountants
The Media Centre
7 Northumberland Street
Huddersfield
HD1 1RL
Page 1
Page 2
Director's Report
The director presents her report and the financial statements for the year ended 31 March 2026.
Directors
The director who held office during the year were as follows:
Mrs F Xie
Statement of Director's Responsibilities
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to: 
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mrs F Xie
Director
19/08/2026
Page 2
Page 3
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Nails Lounge Limited for the year ended 31 March 2026
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nails Lounge Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made to the director of Nails Lounge Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Nails Lounge Limited and state those matters that we have agreed to state to the director of Nails Lounge Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nails Lounge Limited and its director as a body for our work or for this report.
It is your duty to ensure that Nails Lounge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Nails Lounge Limited . You consider that Nails Lounge Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Nails Lounge Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
30/09/2026
Overpaidtax Limited
Chartered Accountants
The Media Centre
7 Northumberland Street
Huddersfield
HD1 1RL
Page 3
Page 4
Profit and Loss Account
2026 2025
£ £
TURNOVER 119,556 109,949
Cost of raw materials and consumables (13,055 ) (5,497 )
Staff costs (74,772 ) (62,301 )
Depreciation and other amounts written off assets (4,037 ) (3,525 )
Other charges (23,610 ) (32,892 )
NET PROFIT 4,082 5,734
Page 4
Page 5
Balance Sheet
2026 2025
£ £
Fixed assets 11,920 13,113
Current assets 767 5,194
Creditors: Amounts Falling Due Within One Year (27,929 ) (37,631 )
NET CURRENT LIABILITIES (27,162 ) (32,437 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,242 ) (19,324 )
NET LIABILITIES (15,242 ) (19,324 )
CAPITAL AND RESERVES (15,242 ) (19,324 )

Notes

1. General Information
Nails Lounge Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14761240 . The registered office is 55 High Street, ,, Gosforth, Newcastle Upon Tyne,, NE3 4AA.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2025: 8)
7 8
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 in accordance with the micro-entity provisions.
On behalf of the board
Mrs F Xie
Director
19/08/2026
Page 5