Company Registration No. 05278875 (England and Wales)
THE STYLING HOUSE LIMITED
Unaudited accounts
for the year ended 31 March 2023
THE STYLING HOUSE LIMITED
Unaudited accounts
Contents
THE STYLING HOUSE LIMITED
Company Information
for the year ended 31 March 2023
Company Number
05278875 (England and Wales)
Registered Office
BEECH HOUSE, 23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of THE STYLING HOUSE LIMITED for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
THE STYLING HOUSE LIMITED for the year ended
31 March 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
P A Hull & Co
Chartered Accountants
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
23 October 2023
THE STYLING HOUSE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
1,949
1,663
Cash at bank and in hand
49,609
58,960
Creditors: amounts falling due within one year
(15,304)
(18,380)
Net current assets
39,386
47,135
Total assets less current liabilities
41,335
48,798
Creditors: amounts falling due after more than one year
(13,500)
(19,500)
Provisions for liabilities
Called up share capital
50
50
Profit and loss account
27,415
28,932
Shareholders' funds
27,465
28,982
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 23 October 2023 and were signed on its behalf by
Mrs J Brown
Director
Company Registration No. 05278875
THE STYLING HOUSE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
THE STYLING HOUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05278875. The registered office is BEECH HOUSE, 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
THE STYLING HOUSE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
7
Average number of employees
During the year the average number of employees was 6 (2022: 6).