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REGISTERED NUMBER: OC399059 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

HAIR HOST LLP

HAIR HOST LLP (REGISTERED NUMBER: OC399059)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HAIR HOST LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DESIGNATED MEMBERS: J P Presant-Collins
Mrs J Presant-Collins
Mrs R L Blade





REGISTERED OFFICE: Windsor Houe
40-41 Great Castle Street
London
W1W 8LU





REGISTERED NUMBER: OC399059 (England and Wales)





ACCOUNTANTS: Jamieson Stone LLP
Windsor House
40/41 Great Castle Street
London
W1W 8LU

HAIR HOST LLP (REGISTERED NUMBER: OC399059)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 52,514 18,132

CURRENT ASSETS
Stocks 10,000 6,000
Debtors 5 126,782 103,534
Cash at bank 12,577 26,326
149,359 135,860
CREDITORS
Amounts falling due within one year 6 (110,537 ) (95,440 )
NET CURRENT ASSETS 38,822 40,420
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

91,336

58,552

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

91,336

58,552

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 91,336 58,552
Amounts due from members 5 (103,648 ) (84,042 )
(12,312 ) (25,490 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

HAIR HOST LLP (REGISTERED NUMBER: OC399059)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 August 2023 and were signed by:





J P Presant-Collins - Designated member

HAIR HOST LLP (REGISTERED NUMBER: OC399059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Hair Host LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the total amount receivable by the limited liability partnership for goods sold and services rendered, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Taxation
The taxation payable on limited liability partnership profits is the personal liability of the members, although payment of such liabilities is administered by the limited liability partnership on behalf of the members.Consequently, neither limited liability partnership taxation nor related deferred taxation are accounted for in the financial statements.Sums set aside in respect of members' tax obligations are included in the balance sheet within loans ansd other debts due to members or set against amounts due from members as appropriate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 14 (2022 - 10 ) .

HAIR HOST LLP (REGISTERED NUMBER: OC399059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 30,850 15,799 805 47,454
Additions 34,483 9,649 624 44,756
At 31 March 2023 65,333 25,448 1,429 92,210
DEPRECIATION
At 1 April 2022 18,143 10,622 557 29,322
Charge for year 6,533 3,623 218 10,374
At 31 March 2023 24,676 14,245 775 39,696
NET BOOK VALUE
At 31 March 2023 40,657 11,203 654 52,514
At 31 March 2022 12,707 5,177 248 18,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts due from members 103,648 84,042
Other debtors 15,419 9,035
Prepayments and accrued income 7,715 10,457
126,782 103,534

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,134 37,500
Trade creditors 23,389 17,513
Social security and other taxes 54,651 37,330
Other creditors 1,263 997
Accruals and deferred income 2,100 2,100
110,537 95,440

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Amounts owed to members in respect of profits 91,336 58,552

Falling due within one year 91,336 58,552

Members' capital is repayable within one year and is therefore classified as a liability.