Company Registration No. 11978754 (England and Wales)
MOJO CUT & BEAUTY LTD
Unaudited accounts
for the year ended 28 February 2023
MOJO CUT & BEAUTY LTD
Unaudited accounts
Contents
MOJO CUT & BEAUTY LTD
Company Information
for the year ended 28 February 2023
Company Number
11978754 (England and Wales)
Registered Office
20 THE CRESCENT
WEST MOLESEY
SURREY
KT8 1RB
UNITED KINGDOM
Accountants
Yahya & Co Accountants Ltd
T/A Yahya Accountancy
164 West Hendon Broadway
London
NW9 7AA
MOJO CUT & BEAUTY LTD
Statement of financial position
as at 28 February 2023
Tangible assets
106,672
99,609
Cash at bank and in hand
47,512
71,659
Creditors: amounts falling due within one year
(3,697)
(1,447)
Net current assets
95,565
104,712
Total assets less current liabilities
202,237
204,321
Creditors: amounts falling due after more than one year
(201,359)
(201,359)
Called up share capital
1
1
Profit and loss account
877
2,961
Shareholders' funds
878
2,962
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 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 22 November 2023 and were signed on its behalf by
Ardavan Okohvan
Director
Company Registration No. 11978754
MOJO CUT & BEAUTY LTD
Notes to the Accounts
for the year ended 28 February 2023
MOJO CUT & BEAUTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11978754. The registered office is 20 THE CRESCENT, WEST MOLESEY, SURREY, KT8 1RB, 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.
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
18% reducing balance method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
74,161
29,465
103,626
At 28 February 2023
74,161
43,665
117,826
At 1 March 2022
-
4,017
4,017
Charge for the year
-
7,137
7,137
At 28 February 2023
-
11,154
11,154
At 28 February 2023
74,161
32,511
106,672
At 28 February 2022
74,161
25,448
99,609
MOJO CUT & BEAUTY LTD
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
51,750
34,500
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,149
1,329
Loans from directors
6
118
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
201,359
201,359
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).