Company Registration No. 11208277 (England and Wales)
KEMS BARBERS LTD
Unaudited accounts
for the year ended 28 February 2023
KEMS BARBERS LTD
Unaudited accounts
Contents
KEMS BARBERS LTD
Company Information
for the year ended 28 February 2023
Director
Kemuel Nesta Johnson
Company Number
11208277 (England and Wales)
Registered Office
20 HEWITT STREET
WEDNESBURY
WS10 8PY
UNITED KINGDOM
KEMS BARBERS LTD
Statement of financial position
as at 28 February 2023
Tangible assets
18,800
9,861
Cash at bank and in hand
77,767
57,039
Creditors: amounts falling due within one year
(86,974)
(17,450)
Net current (liabilities)/assets
(9,207)
39,589
Total assets less current liabilities
9,593
50,450
Creditors: amounts falling due after more than one year
(41,668)
(50,000)
Net (liabilities)/assets
(32,075)
450
Called up share capital
100
100
Profit and loss account
(32,175)
350
Shareholders' funds
(32,075)
450
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 30 November 2023 and were signed on its behalf by
Kemuel Nesta Johnson
Director
Company Registration No. 11208277
KEMS BARBERS LTD
Notes to the Accounts
for the year ended 28 February 2023
KEMS BARBERS LTD is a private company, limited by shares, registered in England and Wales, registration number 11208277. The registered office is 20 HEWITT STREET, WEDNESBURY, WS10 8PY, 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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
Chairs, Mirrors & Clippers
4
Intangible fixed assets
Goodwill
KEMS BARBERS LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
9,875
4,902
250
15,027
Additions
8,778
1,882
368
11,028
At 28 February 2023
18,653
6,784
618
26,055
At 1 March 2022
3,395
1,685
86
5,166
Charge for the year
1,526
510
53
2,089
At 28 February 2023
4,921
2,195
139
7,255
At 28 February 2023
13,732
4,589
479
18,800
At 28 February 2022
6,480
3,217
164
9,861
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
599
Loans from directors
86,266
16,251
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).