AMERICAN BEST NAILS LIMITED

AMERICAN BEST NAILS LIMITED

AMERICAN BEST NAILS LIMITED - Company Information

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AMERICAN BEST NAILS LIMITED

Company Registration Number:
10999959 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

AMERICAN BEST NAILS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

AMERICAN BEST NAILS LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 2,293 1,137
Total fixed assets: 2,293 1,137
Current assets
Stocks: 1,104 350
Cash at bank and in hand: 7,562 9,830
Total current assets: 8,666 10,180
Creditors: amounts falling due within one year:   (4,095) (4,602)
Net current assets (liabilities): 4,571 5,578
Total assets less current liabilities: 6,864 6,715
Total net assets (liabilities): 6,864 6,715
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 6,764 6,615
Shareholders funds: 6,864 6,715

The notes form part of these financial statements

AMERICAN BEST NAILS LIMITED

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2023
and signed on behalf of the board by:

Name: Duy Sau Vu
Status: Director

The notes form part of these financial statements

AMERICAN BEST NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AMERICAN BEST NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 3 3

AMERICAN BEST NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 2,220
Additions 1,729
At 31 October 2022 3,949
Depreciation
At 01 November 2021 1,083
Charge for year 573
At 31 October 2022 1,656
Net book value
At 31 October 2022 2,293
At 31 October 2021 1,137

AMERICAN BEST NAILS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Related party transactions

Name of the related party:
Relationship:
shareholder
Description of the Transaction: provision of working capital
£
Balance at 01 November 2021 400
Balance at 31 October 2022 400