Company Registration No. 07604980 (England and Wales)
HAIR DISCOVERY LIMITED
Unaudited accounts
for the year ended 30 April 2018
HAIR DISCOVERY LIMITED
Unaudited accounts
Contents
HAIR DISCOVERY LIMITED
Company Information
for the year ended 30 April 2018
Company Number
07604980 (England and Wales)
Registered Office
267 EAST BARNET ROAD
BARNET
LONDON
EN4 8SX
HAIR DISCOVERY LIMITED
Statement of financial position
as at 30 April 2018
Cash at bank and in hand
3,352
3,753
Creditors: amounts falling due within one year
(390,714)
(218,795)
Net current liabilities
(387,362)
(215,042)
Total assets less current liabilities
(386,504)
(214,501)
Creditors: amounts falling due after more than one year
-
(118,547)
Net liabilities
(386,504)
(333,048)
Called up share capital
2
2
Profit and loss account
(386,506)
(333,050)
Shareholders' funds
(386,504)
(333,048)
For the year ending 30 April 2018 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.
Approved by the Board on 1 November 2018.
Kevin HILL
Director
Company Registration No. 07604980
HAIR DISCOVERY LIMITED
Notes to the Accounts
for the year ended 30 April 2018
HAIR DISCOVERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07604980. The registered office is 267 EAST BARNET ROAD, BARNET, LONDON, EN4 8SX.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2017
1,083
14,090
15,173
At 30 April 2018
1,716
14,090
15,806
At 1 May 2017
542
14,090
14,632
Charge for the year
316
-
316
At 30 April 2018
858
14,090
14,948
At 30 April 2018
858
-
858
At 30 April 2017
541
-
541
HAIR DISCOVERY LIMITED
Notes to the Accounts
for the year ended 30 April 2018
5
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
17,297
-
Taxes and social security
4,637
1,194
Other creditors
140,418
104,874
Loans from directors
228,362
110,415
6
Creditors: amounts falling due after more than one year
2018
2017
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 0 (2017: 2).