HAIR LAB LIMITED

Company Registration Number:
09447852 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

HAIR LAB LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

HAIR LAB LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 41,164 47,385
Total fixed assets: 41,164 47,385
Current assets
Stocks: 24,274 22,266
Debtors:   177,867 289,659
Cash at bank and in hand: 15,140 28,889
Total current assets: 217,281 340,814
Creditors: amounts falling due within one year:   (71,956) (70,549)
Net current assets (liabilities): 145,325 270,265
Total assets less current liabilities: 186,489 317,650
Creditors: amounts falling due after more than one year:   (149,382) (185,746)
Provision for liabilities: (1,182) (9,003)
Total net assets (liabilities): 35,925 122,901
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 35,825 122,801
Shareholders funds: 35,925 122,901

The notes form part of these financial statements

HAIR LAB LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2023
and signed on behalf of the board by:

Name: Mr Chirag Hirani
Status: Director

The notes form part of these financial statements

HAIR LAB LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAIR LAB LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 18 16

HAIR LAB LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 132,326
Additions 833
At 28 February 2023 133,159
Depreciation
At 01 March 2022 84,941
Charge for year 7,054
At 28 February 2023 91,995
Net book value
At 28 February 2023 41,164
At 28 February 2022 47,385