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REGISTERED NUMBER: 11205125 (England and Wales)



















Financial Statements

for the Year Ended 31 March 2024

for

Ruby Ysabelle Hair Limited

Ruby Ysabelle Hair Limited (Registered number: 11205125)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ruby Ysabelle Hair Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss R Beeston





REGISTERED OFFICE: Birchfields Farm
Marston Montgomery
Ashbourne
Derbyshire
DE6 2FJ





REGISTERED NUMBER: 11205125 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Ruby Ysabelle Hair Limited (Registered number: 11205125)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 25,000
Tangible assets 5 9,199 10,370
29,199 35,370

CURRENT ASSETS
Stocks 3,860 3,739
Debtors 6 5,500 -
Cash at bank and in hand 105,332 102,904
114,692 106,643
CREDITORS
Amounts falling due within one year 7 38,852 29,673
NET CURRENT ASSETS 75,840 76,970
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,039

112,340

CAPITAL AND RESERVES
Called up share capital 1 1
Share premium 49,999 49,999
Retained earnings 55,039 62,340
105,039 112,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Ruby Ysabelle Hair Limited (Registered number: 11205125)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2024 and were signed by:





Miss R Beeston - Director


Ruby Ysabelle Hair Limited (Registered number: 11205125)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ruby Ysabelle Hair Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services during the year, excluding value added tax. Turnover is recognised for in the year in which the services are provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Equipment - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is purchase invoice price on a first in first out basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 50,000
AMORTISATION
At 1 April 2023 25,000
Charge for year 5,000
At 31 March 2024 30,000
NET BOOK VALUE
At 31 March 2024 20,000
At 31 March 2023 25,000

Ruby Ysabelle Hair Limited (Registered number: 11205125)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property Equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 5,086 1,475 10,274 1,607 18,442
Additions - 150 - 479 629
At 31 March 2024 5,086 1,625 10,274 2,086 19,071
DEPRECIATION
At 1 April 2023 1,156 598 5,449 869 8,072
Charge for year 393 154 724 529 1,800
At 31 March 2024 1,549 752 6,173 1,398 9,872
NET BOOK VALUE
At 31 March 2024 3,537 873 4,101 688 9,199
At 31 March 2023 3,930 877 4,825 738 10,370

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,500 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,704 2,278
Tax 20,550 14,998
Social security and other taxes 11,418 10,242
Other creditors - 196
Accrued expenses 2,180 1,959
38,852 29,673