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Company Registration No. 04877886 (England and Wales)
VIBEHAIR LTD. Unaudited accounts for the year ended 31 March 2023
VIBEHAIR LTD. Unaudited accounts Contents
Page
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VIBEHAIR LTD. Company Information for the year ended 31 March 2023
Director
Mark Chittenden
Secretary
Mark Chittenden
Company Number
04877886 (England and Wales)
Registered Office
15 Wellington Street Brightlingsea Essex CO7 0DB
Accountants
Accounting Solutions Anglia Ltd 13 Cornflower Road Jaywick Sands Clacton on Sea Essex CO15 2RZ
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VIBEHAIR LTD. Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
96,012 
100,667 
Current assets
Cash at bank and in hand
34,536 
31,192 
Creditors: amounts falling due within one year
(17,479)
(26,616)
Net current assets
17,057 
4,576 
Total assets less current liabilities
113,069 
105,243 
Creditors: amounts falling due after more than one year
(8,365)
(14,180)
Provisions for liabilities
Other provisions
(2,500)
- 
Net assets
102,204 
91,063 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
102,104 
90,963 
Shareholders' funds
102,204 
91,063 
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 his 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 21 November 2023 and were signed on its behalf by
Mark Chittenden Director Company Registration No. 04877886
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VIBEHAIR LTD. Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
VIBEHAIR LTD. is a private company, limited by shares, registered in England and Wales, registration number 04877886. The registered office is 15 Wellington Street, Brightlingsea, Essex, CO7 0DB.
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:
Land & buildings
2.5% on Cost - 25% of Written Down Value on Improvements
Plant & machinery
25% of Written Down Value
Motor vehicles
25% of Written Down Value
Fixtures & fittings
25% of Written Down Value
Other tangible fixed assets
25% of Written Down Value
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
169,685 
7,771 
730 
178,186 
At 31 March 2023
169,685 
7,771 
730 
178,186 
Depreciation
At 1 April 2022
69,990 
6,800 
729 
77,519 
Charge for the year
4,412 
243 
- 
4,655 
At 31 March 2023
74,402 
7,043 
729 
82,174 
Net book value
At 31 March 2023
95,283 
728 
1 
96,012 
At 31 March 2022
99,695 
971 
1 
100,667 
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VIBEHAIR LTD. Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
7,160 
9,086 
Taxes and social security
7,415 
7,966 
Loans from directors
2,904 
8,784 
Accruals
- 
780 
17,479 
26,616 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,365 
14,180 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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