IRIS Accounts Production v24.1.0.578 11453107 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114531072022-07-31114531072023-07-31114531072022-08-012023-07-31114531072021-07-31114531072021-08-012022-07-31114531072022-07-3111453107ns15:EnglandWales2022-08-012023-07-3111453107ns14:PoundSterling2022-08-012023-07-3111453107ns10:Director12022-08-012023-07-3111453107ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3111453107ns10:SmallEntities2022-08-012023-07-3111453107ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3111453107ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3111453107ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3111453107ns10:FullAccounts2022-08-012023-07-3111453107ns10:OrdinaryShareClass12022-08-012023-07-3111453107ns10:RegisteredOffice2022-08-012023-07-3111453107ns5:CurrentFinancialInstruments2023-07-3111453107ns5:CurrentFinancialInstruments2022-07-3111453107ns5:ShareCapital2023-07-3111453107ns5:ShareCapital2022-07-3111453107ns5:RetainedEarningsAccumulatedLosses2023-07-3111453107ns5:RetainedEarningsAccumulatedLosses2022-07-3111453107ns5:PlantMachinery2022-08-012023-07-3111453107ns5:FurnitureFittings2022-08-012023-07-3111453107ns5:PlantMachinery2022-07-3111453107ns5:FurnitureFittings2022-07-3111453107ns5:PlantMachinery2023-07-3111453107ns5:FurnitureFittings2023-07-3111453107ns5:PlantMachinery2022-07-3111453107ns5:FurnitureFittings2022-07-3111453107ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 11453107 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Hairworks Leeds Limited

Hairworks Leeds Limited (Registered number: 11453107)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Hairworks Leeds Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: R Wilson





REGISTERED OFFICE: 3 Park Square East
Leeds
LS1 2NE





REGISTERED NUMBER: 11453107 (England and Wales)





ACCOUNTANTS: Charles Stewart & Co Limited
Chartered Accountants
3 Park Square
Leeds
LS1 2NE

Hairworks Leeds Limited (Registered number: 11453107)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,572 4,166

CURRENT ASSETS
Debtors 5 857 862
Cash at bank and in hand 7,767 13,895
8,624 14,757
CREDITORS
Amounts falling due within one year 6 10,487 11,335
NET CURRENT (LIABILITIES)/ASSETS (1,863 ) 3,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

709

7,588

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 609 7,488
SHAREHOLDERS' FUNDS 709 7,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 July 2024 and were signed by:





R Wilson - Director


Hairworks Leeds Limited (Registered number: 11453107)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Hairworks Leeds 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Hairworks Leeds Limited (Registered number: 11453107)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 5,870 2,100 7,970
DEPRECIATION
At 1 August 2022 2,745 1,059 3,804
Charge for year 1,174 420 1,594
At 31 July 2023 3,919 1,479 5,398
NET BOOK VALUE
At 31 July 2023 1,951 621 2,572
At 31 July 2022 3,125 1,041 4,166

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments and accrued income 857 862

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 3,186
Social security and other taxes 3,547 302
Directors' current accounts 22 947
Accrued expenses 6,918 6,900
10,487 11,335

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Wilson.