ISLINGTON NAILS LTD

ISLINGTON NAILS LTD

ISLINGTON NAILS LTD - Company Information

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Company Registration No. 09525085 (England and Wales)
ISLINGTON NAILS LTD Unaudited accounts for the year ended 31 March 2019
ISLINGTON NAILS LTD Unaudited accounts Contents
Page
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ISLINGTON NAILS LTD Company Information for the year ended 31 March 2019
Director
Ms Bich Thuy Nguyen
Company Number
09525085 (England and Wales)
Registered Office
198 St Anns Road London N15 5RP UK
Accountants
VTV Associates Ltd (ICPA) 198 St Anns Road London N15 5RP
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ISLINGTON NAILS LTD Statement of financial position as at 31 March 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
660 
1,320 
Current assets
Inventories
5
50 
150 
Cash at bank and in hand
8,449 
8,262 
8,499 
8,412 
Creditors: amounts falling due within one year
6
(8,876)
(9,657)
Net current liabilities
(377)
(1,245)
Net assets
283 
75 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
282 
74 
Shareholders' funds
283 
75 
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 June 2019.
Ms Bich Thuy Nguyen Director Company Registration No. 09525085
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ISLINGTON NAILS LTD Notes to the Accounts for the year ended 31 March 2019
1
Statutory information
ISLINGTON NAILS LTD is a private company, limited by shares, registered in England and Wales, registration number 09525085. The registered office is 198 St Anns Road, London, N15 5RP, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
1320
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2018
3,300 
At 31 March 2019
3,300 
Depreciation
At 1 April 2018
1,980 
Charge for the year
660 
At 31 March 2019
2,640 
Net book value
At 31 March 2019
660 
At 31 March 2018
1,320 
5
Inventories
2019 
2018 
£ 
£ 
Finished goods
50 
150 
50 
150 
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ISLINGTON NAILS LTD Notes to the Accounts for the year ended 31 March 2019
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
720 
- 
Taxes and social security
8,102 
8,439 
Other creditors
54 
18 
Accruals
- 
1,200 
8,876 
9,657 
7
Average number of employees
During the year the average number of employees was 7 (2018: 5).
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