Company Registration No. 09392087 (England and Wales)
ELITE HAIR LOUNGE LTD
Unaudited accounts
for the year ended 31 January 2023
ELITE HAIR LOUNGE LTD
Unaudited accounts
Contents
ELITE HAIR LOUNGE LTD
Company Information
for the year ended 31 January 2023
Secretary
Elite Hair Lounge
Company Number
09392087 (England and Wales)
Registered Office
24 SIDNEY ROAD
LONDON
SW9 0TS
ENGLAND
ELITE HAIR LOUNGE LTD
Statement of financial position
as at 31 January 2023
Tangible assets
4,488
7,198
Cash at bank and in hand
41,054
22,607
Creditors: amounts falling due within one year
(186,908)
(113,878)
Net current liabilities
(133,949)
(65,450)
Total assets less current liabilities
(129,461)
(58,252)
Creditors: amounts falling due after more than one year
(34,167)
(45,000)
Net liabilities
(163,628)
(103,252)
Called up share capital
1
1
Profit and loss account
(163,629)
(103,253)
Shareholders' funds
(163,628)
(103,252)
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 21 October 2023 and were signed on its behalf by
Talisha Cox
Director
Company Registration No. 09392087
ELITE HAIR LOUNGE LTD
Notes to the Accounts
for the year ended 31 January 2023
ELITE HAIR LOUNGE LTD is a private company, limited by shares, registered in England and Wales, registration number 09392087. The registered office is 24 SIDNEY ROAD, LONDON, SW9 0TS, 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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
12,185
9,211
21,396
At 31 January 2023
12,185
9,211
21,396
At 1 February 2022
8,329
5,869
14,198
Charge for the year
1,285
1,425
2,710
At 31 January 2023
9,614
7,294
16,908
At 31 January 2023
2,571
1,917
4,488
At 31 January 2022
3,856
3,342
7,198
Amounts falling due within one year
Accrued income and prepayments
8,905
4,000
Amounts falling due after more than one year
ELITE HAIR LOUNGE LTD
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
138,574
95,016
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).