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REGISTERED NUMBER: 11668496 (England and Wales)















Financial Statements for the Year Ended 30 November 2021

for

Hair Craft Ltd

Hair Craft Ltd (Registered number: 11668496)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Hair Craft Ltd

Company Information
for the Year Ended 30 November 2021







DIRECTORS: Mrs C A Durrant
A W Wynn





SECRETARY:





REGISTERED OFFICE: 65a High Street
Stevenage
Hertfordshire
SG1 3AQ





REGISTERED NUMBER: 11668496 (England and Wales)





ACCOUNTANTS: Long & Co (Dentax) Ltd
65a High Street
Stevenage
Hertfordshire
SG1 3AQ

Hair Craft Ltd (Registered number: 11668496)

Balance Sheet
30 November 2021

2021 2020
Notes £    £   
FIXED ASSETS
Intangible assets 4 25,000 25,000

CURRENT ASSETS
Debtors 5 9,413 -
Cash at bank and in hand 38,360 43,098
47,773 43,098
CREDITORS
Amounts falling due within one year 6 (34,184 ) (27,637 )
NET CURRENT ASSETS 13,589 15,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,589

40,461

CREDITORS
Amounts falling due after more than one
year

7

(38,526

)

(39,944

)
NET ASSETS 63 517

RESERVES
Retained earnings 8 63 517
63 517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Hair Craft Ltd (Registered number: 11668496)

Balance Sheet - continued
30 November 2021


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2022 and were signed on its behalf by:





A W Wynn - Director


Hair Craft Ltd (Registered number: 11668496)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Hair Craft Ltd is a private company, limited by shares , registered in England and Wales. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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
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 9 (2020 - 7 ) .

Hair Craft Ltd (Registered number: 11668496)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2020
and 30 November 2021 25,000
NET BOOK VALUE
At 30 November 2021 25,000
At 30 November 2020 25,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 9,413 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 2,752 844
Taxation and social security 31,432 21,118
Other creditors - 5,675
34,184 27,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2021 2020
£    £   
Other creditors 38,526 39,944

8. RESERVES
Retained
earnings
£   

At 1 December 2020 517
Profit for the year 27,546
Dividends (28,000 )
At 30 November 2021 63

Hair Craft Ltd

Report of the Accountants to the Directors of
Hair Craft Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2021 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Long & Co (Dentax) Ltd
65a High Street
Stevenage
Hertfordshire
SG1 3AQ


Date: .............................................