2022-01-012022-12-312022-12-31false07356924RUSSO HAIRDRESSING LIMITED2023-09-2996020iso4217:GBPxbrli:pure073569242022-01-01073569242022-12-31073569242022-01-012022-12-31073569242021-01-01073569242021-12-31073569242021-01-012021-12-3107356924bus:SmallEntities2022-01-012022-12-3107356924bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3107356924bus:FullAccounts2022-01-012022-12-3107356924bus:PrivateLimitedCompanyLtd2022-01-012022-12-3107356924core:WithinOneYear2022-12-3107356924core:AfterOneYear2022-12-3107356924core:WithinOneYear2021-12-3107356924core:AfterOneYear2021-12-3107356924core:ShareCapital2022-12-3107356924core:SharePremium2022-12-3107356924core:RevaluationReserve2022-12-3107356924core:OtherReservesSubtotal2022-12-3107356924core:RetainedEarningsAccumulatedLosses2022-12-3107356924core:ShareCapital2021-12-3107356924core:SharePremium2021-12-3107356924core:RevaluationReserve2021-12-3107356924core:OtherReservesSubtotal2021-12-3107356924core:RetainedEarningsAccumulatedLosses2021-12-3107356924core:LandBuildings2022-12-3107356924core:PlantMachinery2022-12-3107356924core:Vehicles2022-12-3107356924core:FurnitureFittings2022-12-3107356924core:OfficeEquipment2022-12-3107356924core:NetGoodwill2022-12-3107356924core:IntangibleAssetsOtherThanGoodwill2022-12-3107356924core:ListedExchangeTraded2022-12-3107356924core:UnlistedNon-exchangeTraded2022-12-3107356924core:LandBuildings2021-12-3107356924core:PlantMachinery2021-12-3107356924core:Vehicles2021-12-3107356924core:FurnitureFittings2021-12-3107356924core:OfficeEquipment2021-12-3107356924core:NetGoodwill2021-12-3107356924core:IntangibleAssetsOtherThanGoodwill2021-12-3107356924core:ListedExchangeTraded2021-12-3107356924core:UnlistedNon-exchangeTraded2021-12-3107356924core:LandBuildings2022-01-012022-12-3107356924core:PlantMachinery2022-01-012022-12-3107356924core:Vehicles2022-01-012022-12-3107356924core:FurnitureFittings2022-01-012022-12-3107356924core:OfficeEquipment2022-01-012022-12-3107356924core:NetGoodwill2022-01-012022-12-3107356924core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3107356924core:ListedExchangeTraded2022-01-012022-12-3107356924core:UnlistedNon-exchangeTraded2022-01-012022-12-3107356924core:MoreThanFiveYears2022-01-012022-12-3107356924core:Non-currentFinancialInstruments2022-12-3107356924core:Non-currentFinancialInstruments2021-12-3107356924dpl:CostSales2022-01-012022-12-3107356924dpl:DistributionCosts2022-01-012022-12-3107356924dpl:AdministrativeExpenses2022-01-012022-12-3107356924core:LandBuildings2022-01-012022-12-3107356924core:PlantMachinery2022-01-012022-12-3107356924core:Vehicles2022-01-012022-12-3107356924core:FurnitureFittings2022-01-012022-12-3107356924core:OfficeEquipment2022-01-012022-12-3107356924core:NetGoodwill2022-01-012022-12-3107356924core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3107356924dpl:GroupUndertakings2022-01-012022-12-3107356924dpl:ParticipatingInterests2022-01-012022-12-3107356924dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3107356924core:ListedExchangeTraded2022-01-012022-12-3107356924dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3107356924core:UnlistedNon-exchangeTraded2022-01-012022-12-3107356924dpl:CostSales2021-01-012021-12-3107356924dpl:DistributionCosts2021-01-012021-12-3107356924dpl:AdministrativeExpenses2021-01-012021-12-3107356924core:LandBuildings2021-01-012021-12-3107356924core:PlantMachinery2021-01-012021-12-3107356924core:Vehicles2021-01-012021-12-3107356924core:FurnitureFittings2021-01-012021-12-3107356924core:OfficeEquipment2021-01-012021-12-3107356924core:NetGoodwill2021-01-012021-12-3107356924core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3107356924dpl:GroupUndertakings2021-01-012021-12-3107356924dpl:ParticipatingInterests2021-01-012021-12-3107356924dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3107356924core:ListedExchangeTraded2021-01-012021-12-3107356924dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3107356924core:UnlistedNon-exchangeTraded2021-01-012021-12-3107356924core:NetGoodwill2022-12-3107356924core:IntangibleAssetsOtherThanGoodwill2022-12-3107356924core:LandBuildings2022-12-3107356924core:PlantMachinery2022-12-3107356924core:Vehicles2022-12-3107356924core:FurnitureFittings2022-12-3107356924core:OfficeEquipment2022-12-3107356924core:AfterOneYear2022-12-3107356924core:WithinOneYear2022-12-3107356924core:ListedExchangeTraded2022-12-3107356924core:UnlistedNon-exchangeTraded2022-12-3107356924core:ShareCapital2022-12-3107356924core:SharePremium2022-12-3107356924core:RevaluationReserve2022-12-3107356924core:OtherReservesSubtotal2022-12-3107356924core:RetainedEarningsAccumulatedLosses2022-12-3107356924core:NetGoodwill2021-12-3107356924core:IntangibleAssetsOtherThanGoodwill2021-12-3107356924core:LandBuildings2021-12-3107356924core:PlantMachinery2021-12-3107356924core:Vehicles2021-12-3107356924core:FurnitureFittings2021-12-3107356924core:OfficeEquipment2021-12-3107356924core:AfterOneYear2021-12-3107356924core:WithinOneYear2021-12-3107356924core:ListedExchangeTraded2021-12-3107356924core:UnlistedNon-exchangeTraded2021-12-3107356924core:ShareCapital2021-12-3107356924core:SharePremium2021-12-3107356924core:RevaluationReserve2021-12-3107356924core:OtherReservesSubtotal2021-12-3107356924core:RetainedEarningsAccumulatedLosses2021-12-3107356924core:NetGoodwill2021-01-0107356924core:IntangibleAssetsOtherThanGoodwill2021-01-0107356924core:LandBuildings2021-01-0107356924core:PlantMachinery2021-01-0107356924core:Vehicles2021-01-0107356924core:FurnitureFittings2021-01-0107356924core:OfficeEquipment2021-01-0107356924core:AfterOneYear2021-01-0107356924core:WithinOneYear2021-01-0107356924core:ListedExchangeTraded2021-01-0107356924core:UnlistedNon-exchangeTraded2021-01-0107356924core:ShareCapital2021-01-0107356924core:SharePremium2021-01-0107356924core:RevaluationReserve2021-01-0107356924core:OtherReservesSubtotal2021-01-0107356924core:RetainedEarningsAccumulatedLosses2021-01-0107356924core:AfterOneYear2022-01-012022-12-3107356924core:WithinOneYear2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:CostValuation2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-012022-12-3107356924core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3107356924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3107356924core:Non-currentFinancialInstrumentscore:CostValuation2021-12-3107356924core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-12-3107356924core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-12-3107356924bus:Director12022-01-012022-12-3107356924bus:Director22022-01-012022-12-3107356924core:FurnitureFittingsToolsEquipment2021-12-3107356924core:FurnitureFittingsToolsEquipment2022-01-012022-12-3107356924core:FurnitureFittingsToolsEquipment2022-12-31

RUSSO HAIRDRESSING LIMITED

Registered Number
07356924
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2022

RUSSO HAIRDRESSING LIMITED
Company Information
for the year from 1 January 2022 to 31 December 2022

Directors

RUSSO, Michele Terence
RUSSO, Michelle

Registered Address

Excel House
3 Duke Street
Bedford
MK40 3HR

Registered Number

07356924 (England and Wales)
RUSSO HAIRDRESSING LIMITED
Balance Sheet as at
31 December 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets6368,062368,769
368,062368,769
Current assets
Debtors7350400
Cash at bank and on hand3,1756,473
3,5256,873
Creditors amounts falling due within one year8(170,506)(210,705)
Net current assets (liabilities)(166,981)(203,832)
Total assets less current liabilities201,081164,937
Accruals and deferred income(1,000)(1,000)
Net assets200,081163,937
Capital and reserves
Called up share capital200200
Profit and loss account199,881163,737
Shareholders' funds200,081163,937
The financial statements were approved and authorised for issue by the Board of Directors on 29 September 2023, and are signed on its behalf by:
RUSSO, Michele Terence
Director
RUSSO, Michelle
Director

Registered Company No. 07356924
RUSSO HAIRDRESSING LIMITED
Notes to the Financial Statements
for the year ended 31 December 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings20
Office Equipment20
Intangible assets policy
No intangible assets
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20222021
Average number of employees during the year89
5.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 January 2225,00025,000
At 31 December 2225,00025,000
Amortisation and impairment
At 01 January 2225,00025,000
At 31 December 2225,00025,000
Net book value
At 31 December 22--
At 31 December 21--
6.Property, plant and equipment

Land & buildings

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 January 22363,3318,90615,546387,783
Additions--407407
At 31 December 22363,3318,90615,953388,190
Depreciation and impairment
At 01 January 22-8,04710,96719,014
Charge for year-1729421,114
At 31 December 22-8,21911,90920,128
Net book value
At 31 December 22363,3316874,044368,062
At 31 December 21363,3318594,579368,769
7.Debtors

2022

2021

££
Trade debtors / trade receivables350400
Total350400
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2022

2021

££
Trade creditors / trade payables27,20329,312
Bank borrowings and overdrafts53,881157,978
Taxation and social security31,07723,412
Other creditors58,3453
Total170,506210,705
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.