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Company Registration No. 08112246 (England and Wales)
The Barber Shop Greenlane Limited Unaudited accounts for the year ended 30 June 2023
The Barber Shop Greenlane Limited Unaudited accounts Contents
Page
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The Barber Shop Greenlane Limited Company Information for the year ended 30 June 2023
Director
Dip Bahadur Khatri
Company Number
08112246 (England and Wales)
Registered Office
666 Green Lane Ilford Essex IG3 9RX
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The Barber Shop Greenlane Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
850 
1,036 
Current assets
Debtors
23,364 
- 
Cash at bank and in hand
5,162 
5,668 
28,526 
5,668 
Creditors: amounts falling due within one year
(4,722)
(6,511)
Net current assets/(liabilities)
23,804 
(843)
Total assets less current liabilities
24,654 
193 
Creditors: amounts falling due after more than one year
(21,813)
- 
Net assets
2,841 
193 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,840 
192 
Shareholders' funds
2,841 
193 
For the year ending 30 June 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 25 March 2024 and were signed on its behalf by
Dip Bahadur Khatri Director Company Registration No. 08112246
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The Barber Shop Greenlane Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
The Barber Shop Greenlane Limited is a private company, limited by shares, registered in England and Wales, registration number 08112246. The registered office is 666 Green Lane, Ilford, Essex, IG3 9RX.
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. In carrying out this assessment, the directors have considered the impact of the Covid-19 pandemic on the trade and finances of the company and wider group and they have taken steps to protect liquidity. The directors are therefore satisfied that there is no significant risk to the ability of the company to continue as a going concern for at least 12 months from the date of approval of these financial statements.
Presentation currency
The accounts are presented in £ sterling.
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
18%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
7,036 
At 30 June 2023
7,036 
Depreciation
At 1 July 2022
6,000 
Charge for the year
186 
At 30 June 2023
6,186 
Net book value
At 30 June 2023
850 
At 30 June 2022
1,036 
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The Barber Shop Greenlane Limited Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
23,364 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
4,047 
4,618 
Loans from directors
- 
1,193 
Accruals
675 
700 
4,722 
6,511 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,813 
- 
8
Transactions with related parties
The director was paid dividend of £1,000 (2022: £12,000).
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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