REGISTERED NUMBER: NI691819 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

The Nail Bar Lisburn Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms N Houston

REGISTERED OFFICE:

13 Bow Street

LISBURN

BT28 1BJ

REGISTERED NUMBER:

NI691819 (Northern Ireland)

ACCOUNTANTS:

Minshull & Co

19 Crescent Business Park

LISBURN

Co. Antrim

BT28 2GN

FIXED ASSETS

Tangible assets

4

12,564

1,578

CURRENT ASSETS

Stocks

5

875

375

Debtors

6

8,914

2,300

Cash at bank and in hand

14,362

6,963

24,151

9,638

CREDITORS

Amounts falling due within one year

7

11,225

5,369

NET CURRENT ASSETS

12,926

4,269

TOTAL ASSETS LESS CURRENT LIABILITIES

25,490

5,847

CREDITORS

Amounts falling due after more than one year

8

(8,023

)

-

PROVISIONS FOR LIABILITIES

9

(2,400

)

(300

)

NET ASSETS

15,067

5,547

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

14,967

5,447

SHAREHOLDERS' FUNDS

15,067

5,547

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

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

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 October 2026 and were signed by:

Ms N Houston - Director

1.	STATUTORY INFORMATION

The Nail Bar Lisburn Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 November 2024

2,325

-

2,325

Additions

271

13,800

14,071

At 31 October 2025

2,596

13,800

16,396

DEPRECIATION

At 1 November 2024

747

-

747

Charge for year

497

2,588

3,085

At 31 October 2025

1,244

2,588

3,832

NET BOOK VALUE

At 31 October 2025

1,352

11,212

12,564

At 31 October 2024

1,578

-

1,578

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

13,800

At 31 October 2025

13,800

DEPRECIATION

Charge for year

2,588

At 31 October 2025

2,588

NET BOOK VALUE

At 31 October 2025

11,212

5.

STOCKS

31/10/25

31/10/24

£

£

Stocks

875

375

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Other debtors

8,249

1,550

Prepayments and accrued income

665

750

8,914

2,300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

1,855

-

Trade creditors

296

526

Tax

1,074

925

Social security and other taxes

68

20

Other creditors

1,600

-

Directors' current accounts

4,109

1,787

Accruals and deferred income

2,223

2,111

11,225

5,369

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Hire purchase contracts

8,023

-

9.	PROVISIONS FOR LIABILITIES

31/10/25

31/10/24

£

£

Deferred tax

2,400

300

Deferred

tax

£

Balance at 1 November 2024

300

Charge to Statement of Income and Retained Earnings during year

2,100

Balance at 31 October 2025

2,400

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 November 2024

5,447

Profit for the year

9,520

At 31 October 2025

14,967