Company Registration No. 05186864 (England and Wales)
Slinky Hair Limited
Unaudited accounts
for the year ended 31 July 2023
Slinky Hair Limited
Unaudited accounts
Contents
Slinky Hair Limited
Company Information
for the year ended 31 July 2023
Company Number
05186864 (England and Wales)
Registered Office
182 Victoria Road
Swindon
Wiltshire
SN1 3DF
Slinky Hair Limited
Statement of financial position
as at 31 July 2023
Tangible assets
185,707
186,205
Cash at bank and in hand
943
1,491
Creditors: amounts falling due within one year
(14,595)
(15,077)
Net current liabilities
(12,199)
(10,933)
Total assets less current liabilities
173,508
175,272
Creditors: amounts falling due after more than one year
(155,306)
(168,605)
Called up share capital
1
1
Profit and loss account
18,201
6,666
Shareholders' funds
18,202
6,667
For the year ending 31 July 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 2 November 2023 and were signed on its behalf by
Teresa Brown
Director
Company Registration No. 05186864
Slinky Hair Limited
Notes to the Accounts
for the year ended 31 July 2023
Slinky Hair Limited is a private company, limited by shares, registered in England and Wales, registration number 05186864. The registered office is 182 Victoria Road, Swindon, Wiltshire, SN1 3DF.
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:
Fixtures & fittings
15% reducing balance basis
Computer equipment
15% reducing balance basis
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
182,884
16,652
199,536
At 31 July 2023
182,884
16,652
199,536
At 1 August 2022
-
13,331
13,331
Charge for the year
-
498
498
At 31 July 2023
-
13,829
13,829
At 31 July 2023
182,884
2,823
185,707
At 31 July 2022
182,884
3,321
186,205
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,311
6,311
Taxes and social security
8,202
8,414
Loans from directors
82
352
Slinky Hair Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
149,082
163,396
Taxes and social security
6,224
5,209
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).