Company registration number 08559746 (England and Wales)
THE MIDDLESBROUGH HAIR COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
PAGES FOR FILING WITH REGISTRAR
THE MIDDLESBROUGH HAIR COMPANY LIMITED
BALANCE SHEET
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2023
2022
£
£
£
£
Fixed assets
3,737
20,723
Current assets
19,330
46,488
Prepayments and accrued income
1,400
360
Creditors: amounts falling due within one year
(24,587)
(25,603)
Net current (liabilities)/assets
(3,857)
21,245
Total assets less current liabilities
(120)
41,968
Creditors: amounts falling due after more than one year
(18,679)
(27,671)
Accruals and deferred income
(9,647)
(3,032)
Net (liabilities)/assets
(28,446)
11,265
Capital and reserves
(28,446)
11,265
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The director received a loan from the company during the period. Advances in the year totalled £15,169 (2022: £18,071) with amounts repaid totalling £18,486 (2022: £15,584). At the end of the year £3,120 (2022: £6,437) was outstanding and repayable on demand. Interest of £95 (2022: £102) was charged during the year.
2
Financial commitments, guarantees and contingencies
As at the balance sheet date there were operating lease commitments totalling £7,000.
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
4
4
The Middlesbrough Hair Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/o Saks, Unit 2, Rede House, 69-71 Corporation Road, Middlesbrough, TS1 1LY.
For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
THE MIDDLESBROUGH HAIR COMPANY LIMITED
BALANCE SHEET (CONTINUED)
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 15 February 2024
..............................................
Mr S Robinson
Director
Company registration number 08559746 (England and Wales)