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Company Registration No. 08408604 (England and Wales)
JB's Hair Salon Limited Unaudited accounts for the year ended 31 March 2023
JB's Hair Salon Limited Unaudited accounts Contents
Page
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JB's Hair Salon Limited Company Information for the year ended 31 March 2023
Director
Janice Smith
Company Number
08408604 (England and Wales)
Registered Office
170 COLUMBINE ROAD ELY CAMBS CB6 3GX
Accountants
Morgan Barrett Accountancy 20 Church Street Little Shelford Cambridge Cambridgeshire CB22 5HG
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of JB's Hair Salon Limited for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JB's Hair Salon Limited for the year ended 31 March 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of JB's Hair Salon Limited, as a body, in accordance with the terms of our engagement letter dated 24 April 2023. Our work has been undertaken solely to prepare for your approval the accounts of JB's Hair Salon Limited and state those matters that we have agreed to state to the Board of Directors of JB's Hair Salon Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JB's Hair Salon Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that JB's Hair Salon Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JB's Hair Salon Limited. You consider that JB's Hair Salon Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of JB's Hair Salon Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Morgan Barrett Accountancy Chartered Certified Accountants 20 Church Street Little Shelford Cambridge Cambridgeshire CB22 5HG 25 August 2023
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JB's Hair Salon Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
481 
641 
Current assets
Inventories
150 
150 
Debtors
5,894 
315 
Cash at bank and in hand
12,962 
21,466 
19,006 
21,931 
Creditors: amounts falling due within one year
(8,678)
(13,121)
Net current assets
10,328 
8,810 
Total assets less current liabilities
10,809 
9,451 
Creditors: amounts falling due after more than one year
(4,627)
(6,833)
Net assets
6,182 
2,618 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
6,181 
2,617 
Shareholders' funds
6,182 
2,618 
For the year ending 31 March 2023 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 her 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 25 August 2023 and were signed on its behalf by
Janice Smith Director Company Registration No. 08408604
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JB's Hair Salon Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
JB's Hair Salon Limited is a private company, limited by shares, registered in England and Wales, registration number 08408604. The registered office is 170 COLUMBINE ROAD, ELY, CAMBS, CB6 3GX.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
2,051 
At 31 March 2023
2,051 
Depreciation
At 1 April 2022
1,410 
Charge for the year
160 
At 31 March 2023
1,570 
Net book value
At 31 March 2023
481 
At 31 March 2022
641 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
5,648 
110 
Amounts falling due after more than one year
Accrued income and prepayments
246 
205 
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JB's Hair Salon Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,196 
4,304 
Trade creditors
- 
7 
Taxes and social security
5,327 
7,488 
Loans from directors
55 
111 
Accruals
1,100 
1,211 
8,678 
13,121 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,627 
6,833 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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