Company Registration No. 05324476 (England and Wales)
Treloggan Wigs Ltd
Unaudited accounts
for the year ended 31 January 2023
Treloggan Wigs Ltd
Unaudited accounts
Contents
Treloggan Wigs Ltd
Company Information
for the year ended 31 January 2023
Director
Mrs Natalie Burton
Company Number
05324476 (England and Wales)
Registered Office
71 THE RIDINGS
PORTSMOUTH
HAMPSHIRE
PO2 0UF
ENGLAND
Accountants
RSJ Accountants Ltd
10 Overton Road
Southbourne
Emsworth
Hampshire
PO10 8NN
Treloggan Wigs Ltd
Statement of financial position
as at 31 January 2023
Cash at bank and in hand
370,912
368,793
Creditors: amounts falling due within one year
(36,863)
(32,627)
Net current assets
366,250
360,472
Net assets
370,781
361,402
Called up share capital
11
11
Profit and loss account
370,770
361,391
Shareholders' funds
370,781
361,402
For the year ending 31 January 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 16 October 2023 and were signed on its behalf by
Mrs Natalie Burton
Director
Company Registration No. 05324476
Treloggan Wigs Ltd
Notes to the Accounts
for the year ended 31 January 2023
Treloggan Wigs Ltd is a private company, limited by shares, registered in England and Wales, registration number 05324476. The registered office is 71 THE RIDINGS, PORTSMOUTH, HAMPSHIRE, PO2 0UF, ENGLAND.
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.
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:
Fixtures & fittings
20% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
4
Intangible fixed assets
Goodwill
Treloggan Wigs Ltd
Notes to the Accounts
for the year ended 31 January 2023
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
-
1,553
1,819
3,372
Additions
1,071
3,690
-
4,761
At 31 January 2023
1,071
5,243
1,819
8,133
At 1 February 2022
-
1,071
1,371
2,442
Charge for the year
214
834
112
1,160
At 31 January 2023
214
1,905
1,483
3,602
At 31 January 2023
857
3,338
336
4,531
At 31 January 2022
-
482
448
930
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,877
5,113
Taxes and social security
8,421
11,650
Loans from directors
17,665
14,964
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).