Company Registration No. 11030171 (England and Wales)
Olivias Hair Salon Ltd
Unaudited accounts
for the year ended 31 October 2023
Olivias Hair Salon Ltd
Unaudited accounts
Contents
Olivias Hair Salon Ltd
Company Information
for the year ended 31 October 2023
Company Number
11030171 (England and Wales)
Registered Office
Riverhouse
High Street
Eynsford
Kent
DA4 0AA
Accountants
Track Accountancy Ltd
2 New rents
Upper floors
Ashford
Kent
TN23 1JH
Olivias Hair Salon Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
8,380
15,748
Cash at bank and in hand
43,621
(22,362)
Creditors: amounts falling due within one year
(26,373)
(6,687)
Net current assets/(liabilities)
22,527
(11,189)
Total assets less current liabilities
30,907
4,559
Creditors: amounts falling due after more than one year
(29,791)
(32,729)
Net assets/(liabilities)
1,116
(28,170)
Called up share capital
1
1
Capital redemption reserve
(28,171)
11,918
Profit and loss account
29,286
(40,089)
Shareholders' funds
1,116
(28,170)
For the year ending 31 October 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 28 March 2024 and were signed on its behalf by
Olivia Brandon
Director
Company Registration No. 11030171
Olivias Hair Salon Ltd
Notes to the Accounts
for the year ended 31 October 2023
Olivias Hair Salon Ltd is a private company, limited by shares, registered in England and Wales, registration number 11030171. The registered office is Riverhouse, High Street, Eynsford, Kent, DA4 0AA.
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.
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
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Olivias Hair Salon Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
9,768
2,517
Loans from directors
8,270
4,170
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
11,000
11,000
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).