1 September 2022 false No description of principal activity Taxfiler 2023.11.1 7754987business:PrivateLimitedCompanyLtd2022-09-012023-08-31 77549872022-08-31 77549872022-09-012023-08-31 7754987business:AuditExemptWithAccountantsReport2022-09-012023-08-31 7754987business:FilletedAccounts2022-09-012023-08-31 77549872023-08-31 7754987business:Director12022-09-012023-08-31 7754987business:RegisteredOffice2022-09-012023-08-31 77549872022-08-31 7754987core:AfterOneYear2023-08-31 7754987core:AfterOneYear2022-08-31 7754987core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 7754987core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 7754987core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 7754987core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 7754987core:PreviouslyStatedAmount2023-08-31 7754987core:PreviouslyStatedAmount2022-08-31 7754987business:SmallEntities2022-09-012023-08-31 7754987countries:EnglandWales2022-09-012023-08-31 7754987core:FurnitureFittings2022-09-012023-08-31 7754987core:PlantMachinery2022-08-31 7754987core:FurnitureFittings2022-08-31 7754987core:PlantMachinery2023-08-31 7754987core:FurnitureFittings2023-08-31 7754987core:PlantMachinery2022-09-012023-08-31 7754987business:OrdinaryShareClass12022-09-012023-08-31 7754987business:OrdinaryShareClass12021-09-012022-08-31 77549872021-09-012022-08-31 iso4217:GBP xbrli:shares xbrli:pure
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
Page
- 2 -
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
- 3 -
SHEETALS HAIR & BEAUTY LTD Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,385 
129,309 
Current assets
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)
Net assets
59,169 
36,502 
Capital and reserves
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
- 4 -
SHEETALS HAIR & BEAUTY LTD Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
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.
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.
Turnover
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 
Depreciation
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 
Net book value
At 31 August 2023
102,997 
13,388 
116,385 
At 31 August 2022
114,441 
14,868 
129,309 
- 5 -
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 
£ 
£ 
Bank loans
30,672 
41,540 
Obligations under finance leases and hire purchase contracts
35,959 
38,652 
Other creditors
70,000 
60,000 
136,631 
140,192 
6
Share capital
2023 
2022 
£ 
£ 
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).
- 6 -