1 March 2022 v2023.25.1 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP111970702022-03-012023-02-28111970702023-02-28111970702022-02-2811197070core:WithinOneYear2023-02-2811197070core:WithinOneYear2022-02-2811197070core:ShareCapital2023-02-2811197070core:ShareCapital2022-02-2811197070core:RetainedEarningsAccumulatedLosses2023-02-2811197070core:RetainedEarningsAccumulatedLosses2022-02-2811197070bus:Director12022-03-012023-02-2811197070bus:RegisteredOffice2022-03-012023-02-2811197070core:FurnitureFittingsToolsEquipment2022-03-012023-02-28111970702021-03-012022-02-2811197070core:PlantMachinery2023-02-2811197070core:PlantMachinery2022-03-0111197070core:PlantMachinery2022-03-012023-02-2811197070core:PlantMachinery2022-02-281119707012022-03-012023-02-2811197070countries:EnglandWales2022-03-012023-02-2811197070bus:AuditExemptWithAccountantsReport2022-03-012023-02-2811197070bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811197070bus:SmallEntities2022-03-012023-02-2811197070bus:FullAccounts2022-03-012023-02-28
Company registration number:
11197070
Nourish Hair & beauty Saloon Ltd
Unaudited Filleted Financial Statements for the year ended
28 February 2023
Nourish Hair & beauty Saloon Ltd
Statement of Financial Position
28 February 2023
20232022
Note££
Fixed assets    
Tangible assets 5
2,075
 
2,306
 
Current assets    
Stocks
235
 
310
 
Cash at bank and in hand
1,685
 
8,990
 
1,920
 
9,300
 
Creditors: amounts falling due within one year 6
(5,842
)
(5,145
)
Net current (liabilities)/assets
(3,922
)
4,155
 
Total assets less current liabilities (1,847 ) 6,461  
Capital and reserves    
Called up share capital
1,000
 
1,000
 
Profit and loss account
(2,847
)
5,461
 
Shareholders (deficit)/funds
(1,847
)
6,461
 
For the year ending
28 February 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
31 October 2023
, and are signed on behalf of the board by:
Shazia Sultani
Director
Company registration number:
11197070
Nourish Hair & beauty Saloon Ltd
Notes to the Financial Statements
Year ended
28 February 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
100B Hirst Crescent
,
Wembley
,
Middlesex
,
HA9 7HH
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment
10% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was
3
(2022:
3.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 March 2022
and
28 February 2023
3,109
 
Depreciation  
At
1 March 2022
803
 
Charge
231
 
At
28 February 2023
1,034
 
Carrying amount  
At
28 February 2023
2,075
 
At 28 February 2022
2,306
 

6 Creditors: amounts falling due within one year

20232022
££
Taxation and social security -  
172
 
Other creditors
5,842
 
4,973
 
5,842
 
5,145