Company Registration No. 7754987 (England and Wales)
SHEETALS HAIR & BEAUTY LTD
Unaudited accounts
for the year ended 31 August 2023
SHEETALS HAIR & BEAUTY LTD
Unaudited accounts
Contents
SHEETALS HAIR & BEAUTY LTD
Company Information
for the year ended 31 August 2023
Director
PATEL, Sheetal Ketan
Company Number
7754987 (England and Wales)
Registered Office
104 CRYSTAL HOUSE
NEW BEDFORD ROAD
LUTON
BEDS
LU1 1HS
United Kingdom
SHEETALS HAIR & BEAUTY LTD
Statement of financial position
as at 31 August 2023
Tangible assets
116,385
129,309
Cash at bank and in hand
79,415
47,385
Net current assets
79,415
47,385
Total assets less current liabilities
195,800
176,694
Creditors: amounts falling due after more than one year
(136,631)
(140,192)
Called up share capital
1
1
Profit and loss account
59,168
36,501
Shareholders' funds
59,169
36,502
For the year ending 31 August 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 16 November 2023 and were signed on its behalf by
PATEL, Sheetal Ketan
Director
Company Registration No. 7754987
SHEETALS HAIR & BEAUTY LTD
Notes to the Accounts
for the year ended 31 August 2023
SHEETALS HAIR & BEAUTY LTD is a private company, limited by shares, registered in England and Wales, registration number 7754987. The registered office is 104 CRYSTAL HOUSE, NEW BEDFORD ROAD, LUTON, BEDS, LU1 1HS, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% AT COST
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 September 2022
231,766
16,518
248,284
At 31 August 2023
231,766
16,518
248,284
At 1 September 2022
117,325
1,650
118,975
Charge for the year
11,444
1,480
12,924
At 31 August 2023
128,769
3,130
131,899
At 31 August 2023
102,997
13,388
116,385
At 31 August 2022
114,441
14,868
129,309
SHEETALS HAIR & BEAUTY LTD
Notes to the Accounts
for the year ended 31 August 2023
5
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
35,959
38,652
Other creditors
70,000
60,000
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).