UK Star Nails Ltd

UK Star Nails Ltd

UK STAR NAILS LTD - Company Information

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1 September 2020 false Taxfiler 2022.8.3 10921708business:PrivateLimitedCompanyLtd2020-09-012021-08-31 109217082020-08-31 109217082020-09-012021-08-31 10921708business:AuditExemptWithAccountantsReport2020-09-012021-08-31 10921708business:FullAccounts2020-09-012021-08-31 109217082021-08-31 10921708business:Director22020-09-012021-08-31 10921708business:RegisteredOffice2020-09-012021-08-31 109217082020-08-31 10921708core:WithinOneYear2021-08-31 10921708core:WithinOneYear2020-08-31 10921708core:AfterOneYear2021-08-31 10921708core:AfterOneYear2020-08-31 10921708core:ShareCapital2021-08-31 10921708core:ShareCapital2020-08-31 10921708core:RetainedEarningsAccumulatedLosses2021-08-31 10921708core:RetainedEarningsAccumulatedLosses2020-08-31 10921708business:SmallEntities2020-09-012021-08-31 10921708countries:EnglandWales2020-09-012021-08-31 10921708core:FurnitureFittings2020-09-012021-08-31 10921708core:Goodwill2020-08-31 10921708core:Goodwill2021-08-31 10921708core:FurnitureFittings2020-08-31 10921708core:FurnitureFittings2021-08-31 109217082019-09-012020-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10921708 (England and Wales)
UK Star Nails Ltd Unaudited accounts for the year ended 31 August 2021
UK Star Nails Ltd Unaudited accounts Contents
Page
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UK Star Nails Ltd Company Information for the year ended 31 August 2021
Director
Mr Duc Tuyen Nguyen
Company Number
10921708 (England and Wales)
Registered Office
164 Putney High Street London SW15 1RS United Kingdom
Accountants
A2B Tax Ltd 85 Great Portland Street First Floor London W1W 7LT
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UK Star Nails Ltd Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
10,000 
10,000 
Tangible assets
5
41 
48 
10,041 
10,048 
Current assets
Debtors
6
102 
- 
Cash at bank and in hand
11,631 
8,695 
11,733 
8,695 
Creditors: amounts falling due within one year
7
(4,811)
(21,894)
Net current assets/(liabilities)
6,922 
(13,199)
Total assets less current liabilities
16,963 
(3,151)
Creditors: amounts falling due after more than one year
8
(31,000)
- 
Net liabilities
(14,037)
(3,151)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(14,137)
(3,251)
Shareholders' funds
(14,037)
(3,151)
For the year ending 31 August 2021 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 his 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.
The financial statements were approved by the Board and authorised for issue on 19 August 2022 and were signed on its behalf by
Mr Duc Tuyen Nguyen Director Company Registration No. 10921708
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UK Star Nails Ltd Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
UK Star Nails Ltd is a private company, limited by shares, registered in England and Wales, registration number 10921708. The registered office is 164 Putney High Street, London, SW15 1RS, United Kingdom.
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
15% reducing balance.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2020
10,000 
At 31 August 2021
10,000 
Amortisation
At 1 September 2020
- 
At 31 August 2021
- 
Net book value
At 31 August 2021
10,000 
At 31 August 2020
10,000 
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UK Star Nails Ltd Notes to the Accounts for the year ended 31 August 2021
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2020
75 
At 31 August 2021
75 
Depreciation
At 1 September 2020
27 
Charge for the year
7 
At 31 August 2021
34 
Net book value
At 31 August 2021
41 
At 31 August 2020
48 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Accrued income and prepayments
102 
- 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
1,905 
1,746 
Taxes and social security
2,396 
2,546 
Loans from directors
- 
15,852 
Accruals
510 
1,750 
4,811 
21,894 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Accruals
31,000 
- 
9
Average number of employees
During the year the average number of employees was 5 (2020: 5).
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