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Company Registration No. 11890208 (England and Wales)
Hair By Catherine Limited Unaudited accounts for the year ended 31 March 2023
Hair By Catherine Limited Unaudited accounts Contents
Page
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Hair By Catherine Limited Company Information for the year ended 31 March 2023
Director
Catherine Obrien
Company Number
11890208 (England and Wales)
Registered Office
28 Hazel Rise Hornchurch RM11 2AR United Kingdom
Accountants
Eureka Accountants Limited 63 Lancing Road Newbury Park London IG2 7DQ
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Hair By Catherine Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
5,845 
5,663 
Creditors: amounts falling due within one year
(3,931)
(3,196)
Net current assets
1,914 
2,467 
Total assets less current liabilities
1,914 
2,467 
Creditors: amounts falling due after more than one year
(1,768)
(2,313)
Net assets
146 
154 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
46 
54 
Shareholders' funds
146 
154 
For the year ending 31 March 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 30 October 2023 and were signed on its behalf by
Catherine Obrien Director Company Registration No. 11890208
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Hair By Catherine Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Hair By Catherine Limited is a private company, limited by shares, registered in England and Wales, registration number 11890208. The registered office is 28 Hazel Rise, Hornchurch, RM11 2AR, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Creditors
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.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
545 
487 
Taxes and social security
338 
13 
Loans from directors
3,048 
2,696 
3,931 
3,196 
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Hair By Catherine Limited Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,768 
2,313 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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