2022-03-01 07948321 2023-02-28 07948321 2022-03-01 2023-02-28 07948321 2022-02-28 07948321 2021-03-01 2022-02-28 07948321 uk-core:WithinOneYear 2022-02-28 07948321 uk-core:WithinOneYear 2023-02-28 07948321 uk-core:ShareCapital 2023-02-28 07948321 uk-core:ShareCapital 2022-02-28 07948321 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 07948321 uk-core:RetainedEarningsAccumulatedLosses 2022-02-28 07948321 uk-bus:Director1 2022-03-01 2023-02-28 07948321 uk-core:NetGoodwill 2022-03-01 2023-02-28 07948321 uk-core:ComputerEquipment 2022-03-01 2023-02-28 07948321 uk-core:FurnitureFittings 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure 07948321 uk-bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 07948321 uk-bus:FRS102 2022-03-01 2023-02-28 07948321 uk-bus:FullAccounts 2022-03-01 2023-02-28 07948321 uk-bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28
Diverse Hair Ltd
Registered Number:07948321
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Diverse Hair Ltd
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
07948321
As at 28 February 2023
Diverse Hair Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
18,951
Cash and cash equivalents
38,499
38,499
18,951
Trade and other payables: amounts falling due within one
year
(4,585)
(8,299)
2
14,366
30,200
Net current assets
Total assets less current liabilities
30,200
14,366
30,200
Net assets
14,366
Capital and reserves
Called up share capital
13
13
Retained earnings
30,187
14,353
30,200
14,366
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Huw Morgan Director
These financial statements were approved and authorised for issue by the Board on 19 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
Diverse Hair Ltd
Notes to the Financial Statements
Statutory Information
Diverse Hair Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07948321.
Registered address:
5 Canning Road
London
N5 2JR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 4 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
18% Straight line
Computer equipment
18% Straight line
Fixtures and fittings
2. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
6,619
2,905
Other creditors
1,680
1,680
8,299
4,585
3. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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