Company Registration No. 11626566 (England and Wales)
HEAD HAIR & BEAUTY LIMITED
Unaudited accounts
for the year ended 31 October 2023
HEAD HAIR & BEAUTY LIMITED
Unaudited accounts
Contents
HEAD HAIR & BEAUTY LIMITED
Company Information
for the year ended 31 October 2023
Company Number
11626566 (England and Wales)
Registered Office
24A GANDY STREET
EXETER
EX4 3LS
ENGLAND
HEAD HAIR & BEAUTY LIMITED
Statement of financial position
as at 31 October 2023
Intangible assets
2,500
3,000
Tangible assets
16,559
17,499
Cash at bank and in hand
8,213
1,579
Creditors: amounts falling due within one year
(13,744)
(5,383)
Net current assets
1,668
2,607
Profit and loss account
20,727
23,106
Shareholders' funds
20,727
23,106
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 19 March 2024 and were signed on its behalf by
T Pawley
Director
Company Registration No. 11626566
HEAD HAIR & BEAUTY LIMITED
Notes to the Accounts
for the year ended 31 October 2023
HEAD HAIR & BEAUTY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11626566. The registered office is 24A GANDY STREET, EXETER, EX4 3LS, ENGLAND.
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
10% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The goodwill was created on the purchase of the business in October 2018, and is being amortised over its estimated useful life of 10 years.
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Intangible fixed assets
Other
HEAD HAIR & BEAUTY LIMITED
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,289
3,977
Loans from directors
9,705
656
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).