2022-11-012023-05-312023-05-31false11330851KR SALONS LTD2023-10-0496020iso4217:GBPxbrli:pure113308512022-11-01113308512023-05-31113308512022-11-012023-05-31113308512021-11-01113308512022-10-31113308512021-11-012022-10-3111330851bus:SmallEntities2022-11-012023-05-3111330851bus:AuditExempt-NoAccountantsReport2022-11-012023-05-3111330851bus:AbridgedAccounts2022-11-012023-05-3111330851bus:PrivateLimitedCompanyLtd2022-11-012023-05-3111330851core:WithinOneYear2023-05-3111330851core:AfterOneYear2023-05-3111330851core:WithinOneYear2022-10-3111330851core:AfterOneYear2022-10-3111330851core:ShareCapital2023-05-3111330851core:SharePremium2023-05-3111330851core:RevaluationReserve2023-05-3111330851core:OtherReservesSubtotal2023-05-3111330851core:RetainedEarningsAccumulatedLosses2023-05-3111330851core:ShareCapital2022-10-3111330851core:SharePremium2022-10-3111330851core:RevaluationReserve2022-10-3111330851core:OtherReservesSubtotal2022-10-3111330851core:RetainedEarningsAccumulatedLosses2022-10-3111330851core:LandBuildings2023-05-3111330851core:PlantMachinery2023-05-3111330851core:Vehicles2023-05-3111330851core:FurnitureFittings2023-05-3111330851core:OfficeEquipment2023-05-3111330851core:NetGoodwill2023-05-3111330851core:IntangibleAssetsOtherThanGoodwill2023-05-3111330851core:ListedExchangeTraded2023-05-3111330851core:UnlistedNon-exchangeTraded2023-05-3111330851core:LandBuildings2022-10-3111330851core:PlantMachinery2022-10-3111330851core:Vehicles2022-10-3111330851core:FurnitureFittings2022-10-3111330851core:OfficeEquipment2022-10-3111330851core:NetGoodwill2022-10-3111330851core:IntangibleAssetsOtherThanGoodwill2022-10-3111330851core:ListedExchangeTraded2022-10-3111330851core:UnlistedNon-exchangeTraded2022-10-3111330851core:LandBuildings2022-11-012023-05-3111330851core:PlantMachinery2022-11-012023-05-3111330851core:Vehicles2022-11-012023-05-3111330851core:FurnitureFittings2022-11-012023-05-3111330851core:OfficeEquipment2022-11-012023-05-3111330851core:NetGoodwill2022-11-012023-05-3111330851core:IntangibleAssetsOtherThanGoodwill2022-11-012023-05-3111330851core:ListedExchangeTraded2022-11-012023-05-3111330851core:UnlistedNon-exchangeTraded2022-11-012023-05-3111330851core:MoreThanFiveYears2022-11-012023-05-3111330851core:Non-currentFinancialInstruments2023-05-3111330851core:Non-currentFinancialInstruments2022-10-3111330851dpl:CostSales2022-11-012023-05-3111330851dpl:DistributionCosts2022-11-012023-05-3111330851dpl:AdministrativeExpenses2022-11-012023-05-3111330851core:LandBuildings2022-11-012023-05-3111330851core:PlantMachinery2022-11-012023-05-3111330851core:Vehicles2022-11-012023-05-3111330851core:FurnitureFittings2022-11-012023-05-3111330851core:OfficeEquipment2022-11-012023-05-3111330851core:NetGoodwill2022-11-012023-05-3111330851core:IntangibleAssetsOtherThanGoodwill2022-11-012023-05-3111330851dpl:GroupUndertakings2022-11-012023-05-3111330851dpl:ParticipatingInterests2022-11-012023-05-3111330851dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-05-3111330851core:ListedExchangeTraded2022-11-012023-05-3111330851dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-05-3111330851core:UnlistedNon-exchangeTraded2022-11-012023-05-3111330851dpl:CostSales2021-11-012022-10-3111330851dpl:DistributionCosts2021-11-012022-10-3111330851dpl:AdministrativeExpenses2021-11-012022-10-3111330851core:LandBuildings2021-11-012022-10-3111330851core:PlantMachinery2021-11-012022-10-3111330851core:Vehicles2021-11-012022-10-3111330851core:FurnitureFittings2021-11-012022-10-3111330851core:OfficeEquipment2021-11-012022-10-3111330851core:NetGoodwill2021-11-012022-10-3111330851core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3111330851dpl:GroupUndertakings2021-11-012022-10-3111330851dpl:ParticipatingInterests2021-11-012022-10-3111330851dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3111330851core:ListedExchangeTraded2021-11-012022-10-3111330851dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3111330851core:UnlistedNon-exchangeTraded2021-11-012022-10-3111330851core:NetGoodwill2023-05-3111330851core:IntangibleAssetsOtherThanGoodwill2023-05-3111330851core:LandBuildings2023-05-3111330851core:PlantMachinery2023-05-3111330851core:Vehicles2023-05-3111330851core:FurnitureFittings2023-05-3111330851core:OfficeEquipment2023-05-3111330851core:AfterOneYear2023-05-3111330851core:WithinOneYear2023-05-3111330851core:ListedExchangeTraded2023-05-3111330851core:UnlistedNon-exchangeTraded2023-05-3111330851core:ShareCapital2023-05-3111330851core:SharePremium2023-05-3111330851core:RevaluationReserve2023-05-3111330851core:OtherReservesSubtotal2023-05-3111330851core:RetainedEarningsAccumulatedLosses2023-05-3111330851core:NetGoodwill2022-10-3111330851core:IntangibleAssetsOtherThanGoodwill2022-10-3111330851core:LandBuildings2022-10-3111330851core:PlantMachinery2022-10-3111330851core:Vehicles2022-10-3111330851core:FurnitureFittings2022-10-3111330851core:OfficeEquipment2022-10-3111330851core:AfterOneYear2022-10-3111330851core:WithinOneYear2022-10-3111330851core:Liste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KR SALONS LTD

Registered Number
11330851
(England and Wales)

Unaudited Financial Statements for the Period ended
31 May 2023

KR SALONS LTD
Company Information
for the period from 1 November 2022 to 31 May 2023

Directors

ATTARD, Roxane Samantha
STILWELL, Keziah Joanna

Registered Address

270 Northdown Road
Margate
CT9 2PX

Registered Number

11330851 (England and Wales)
KR SALONS LTD
Balance Sheet as at
31 May 2023

Notes

31 May 2023

31 Oct 2022

£

£

£

£

Fixed assets
Tangible assets5149,527181,607
149,527181,607
Current assets
Debtors-1,935
Cash at bank and on hand15,37126,631
15,37128,566
Prepayments and accrued income-563
Creditors amounts falling due within one year9(90,171)(91,958)
Net current assets (liabilities)(74,800)(62,829)
Total assets less current liabilities74,727118,778
Creditors amounts falling due after one year10(16,573)(30,935)
Net assets58,15487,843
Capital and reserves
Called up share capital102100
Profit and loss account58,05287,743
Shareholders' funds58,15487,843
The financial statements were approved and authorised for issue by the Board of Directors on 4 October 2023, and are signed on its behalf by:
ATTARD, Roxane Samantha
Director
STILWELL, Keziah Joanna
Director

Registered Company No. 11330851
KR SALONS LTD
Notes to the Financial Statements
for the period ended 31 May 2023

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
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.
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 (%)Straight line (years)
Plant and machinery25-
Fixtures and fittings-5
Office Equipment-5
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year06
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 November 22185,040
Revaluations(31,500)
At 31 May 23153,540
Depreciation and impairment
At 01 November 223,433
Charge for year580
At 31 May 234,013
Net book value
At 31 May 23149,527
At 31 October 22181,607
6.Description of nature of transactions and balances with related parties
As at the year-end, a balance of £12,632 was owed to Northdown Waves Ltd, a company of which K Stilwell and R Attard are also directors.
7.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
ATTARD, Roxane Samantha(19,348)5,5015,000(18,847)
STILWELL, Keziah Joanna(27,890)23,01813,975(18,847)
(47,238)28,51918,975(37,694)
Loans between the business and directors are interest free and repayable on demand
8.Debtors within one year

2023

2022

££
Trade debtors / trade receivables-1,180
Other debtors-755
Total-1,935
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.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables1,145-
Bank borrowings and overdrafts23,09820,423
Amounts owed to related parties37,69447,238
Taxation and social security14,54221,824
Other creditors12,632-
Accrued liabilities and deferred income1,0602,473
Total90,17191,958
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.
10.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts16,57330,935
Total16,57330,935
Long 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.