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REGISTERED NUMBER: 09585265 (England and Wales)


















MAHI HAIR & BEAUTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023






MAHI HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 09585265)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










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Statement of Financial Position 1 to 2


MAHI HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 09585265)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

2023 2022
£    £   
FIXED ASSETS 696 871

CURRENT ASSETS 18,586 19,661

CREDITORS
Amounts falling due within one year (6,157 ) (7,906 )
NET CURRENT ASSETS 12,429 11,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,125

12,626

CREDITORS
Amounts falling due after more than one
year

(11,992

)

(12,000

)
NET ASSETS 1,133 626

CAPITAL AND RESERVES 1,133 626

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Mahi Hair & Beauty Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09585265

Registered office: 44 King Street
Southall
Middlesex
UB2 4DB

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 3 ) .

MAHI HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 09585265)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
Mrs B K Rangi
Balance outstanding at start of year 13,199 3,511
Amounts advanced 33,340 36,473
Amounts repaid (31,719 ) (26,785 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,820 13,199

4. OTHER FINANCIAL COMMITMENTS

Amounts contracted for but not provided in the financial statements amounted to £147,000 (2022- £168,000). The above amount represents rent payable per annum of £21,000 for 7 years (2022 - £21,000 for 8 years).



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 12 February 2024 and were signed by:





Mrs B K Rangi - Director