1 March 2022 false No description of principal activity Taxfiler 2023.10 SC655220business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC6552202022-02-28 SC6552202022-03-012023-02-28 SC655220business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC655220business:FilletedAccounts2022-03-012023-02-28 SC6552202023-02-28 SC655220business:Director12022-03-012023-02-28 SC655220business:RegisteredOffice2022-03-012023-02-28 SC6552202022-02-28 SC655220core:WithinOneYear2023-02-28 SC655220core:WithinOneYear2022-02-28 SC655220core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC655220core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC655220core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC655220core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC655220core:PreviouslyStatedAmount2023-02-28 SC655220core:PreviouslyStatedAmount2022-02-28 SC655220business:SmallEntities2022-03-012023-02-28 SC655220countries:Scotland2022-03-012023-02-28 SC655220core:FurnitureFittings2022-02-28 SC655220core:FurnitureFittings2023-02-28 SC655220core:FurnitureFittings2022-03-012023-02-28 SC6552202021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC655220 (Scotland)
S N M HAIR EXTENSIONS N BRAIDS LTD Unaudited accounts for the year ended 28 February 2023
S N M HAIR EXTENSIONS N BRAIDS LTD Unaudited accounts Contents
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S N M HAIR EXTENSIONS N BRAIDS LTD Company Information for the year ended 28 February 2023
Director
Bintu Banks
Company Number
SC655220 (Scotland)
Registered Office
15 WESTMUIR STREET GLASGOW G31 5EH SCOTLAND
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S N M HAIR EXTENSIONS N BRAIDS LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
899 
1,097 
Current assets
Inventories
21,360 
20,835 
Cash at bank and in hand
6,425 
5,502 
27,785 
26,337 
Creditors: amounts falling due within one year
(19,791)
(18,934)
Net current assets
7,994 
7,403 
Net assets
8,893 
8,500 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
8,883 
8,490 
Shareholders' funds
8,893 
8,500 
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. 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 20 November 2023 and were signed on its behalf by
Bintu Banks Director Company Registration No. SC655220
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S N M HAIR EXTENSIONS N BRAIDS LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
S N M HAIR EXTENSIONS N BRAIDS LTD is a private company, limited by shares, registered in Scotland, registration number SC655220. The registered office is 15 WESTMUIR STREET, GLASGOW, G31 5EH, SCOTLAND.
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.
Presentation currency
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
1,519 
At 28 February 2023
1,519 
Depreciation
At 1 March 2022
422 
Charge for the year
198 
At 28 February 2023
620 
Net book value
At 28 February 2023
899 
At 28 February 2022
1,097 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
92 
172 
Loans from directors
19,634 
17,703 
Accruals
65 
1,059 
19,791 
18,934 
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S N M HAIR EXTENSIONS N BRAIDS LTD Notes to the Accounts for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 3 (2022: 1).
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