IRIS Accounts Production v24.1.0.578 07608330 director 1.5.22 29.4.23 29.4.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh076083302022-04-30076083302023-04-29076083302022-05-012023-04-29076083302021-04-30076083302021-05-012022-04-30076083302022-04-3007608330ns15:EnglandWales2022-05-012023-04-2907608330ns14:PoundSterling2022-05-012023-04-2907608330ns10:Director12022-05-012023-04-2907608330ns10:PrivateLimitedCompanyLtd2022-05-012023-04-2907608330ns10:SmallEntities2022-05-012023-04-2907608330ns10:AuditExempt-NoAccountantsReport2022-05-012023-04-2907608330ns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-2907608330ns10:SmallCompaniesRegimeForAccounts2022-05-012023-04-2907608330ns10:FullAccounts2022-05-012023-04-2907608330ns10:OrdinaryShareClass12022-05-012023-04-2907608330ns10:CompanySecretary12022-05-012023-04-2907608330ns10:RegisteredOffice2022-05-012023-04-2907608330ns5:CurrentFinancialInstruments2023-04-2907608330ns5:CurrentFinancialInstruments2022-04-3007608330ns5:Non-currentFinancialInstruments2023-04-2907608330ns5:Non-currentFinancialInstruments2022-04-3007608330ns5:ShareCapital2023-04-2907608330ns5:ShareCapital2022-04-3007608330ns5:RetainedEarningsAccumulatedLosses2023-04-2907608330ns5:RetainedEarningsAccumulatedLosses2022-04-3007608330ns5:PlantMachinery2022-05-012023-04-2907608330ns5:ComputerEquipment2022-05-012023-04-2907608330ns5:PlantMachinery2022-04-3007608330ns5:ComputerEquipment2022-04-3007608330ns5:PlantMachinery2023-04-2907608330ns5:ComputerEquipment2023-04-2907608330ns5:PlantMachinery2022-04-3007608330ns5:ComputerEquipment2022-04-3007608330ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-2907608330ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3007608330ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-2907608330ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-04-3007608330ns5:Non-currentFinancialInstruments2022-05-012023-04-2907608330ns5:DeferredTaxation2022-04-3007608330ns5:DeferredTaxation2022-05-012023-04-2907608330ns5:DeferredTaxation2023-04-2907608330ns10:OrdinaryShareClass12023-04-2907608330ns5:RetainedEarningsAccumulatedLosses2022-04-3007608330ns5:RetainedEarningsAccumulatedLosses2022-05-012023-04-29
REGISTERED NUMBER: 07608330 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2022 to 29 April 2023

for

The Hair Retreat Limited

The Hair Retreat Limited (Registered number: 07608330)






Contents of the Financial Statements
for the Period 1 May 2022 to 29 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Hair Retreat Limited

Company Information
for the Period 1 May 2022 to 29 April 2023







DIRECTOR: Mrs E Farrant





SECRETARY: Mrs E Farrant





REGISTERED OFFICE: Rose Cottage Farm
York Road
Barmby Moor
York
YO42 4HS





REGISTERED NUMBER: 07608330 (England and Wales)





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

The Hair Retreat Limited (Registered number: 07608330)

Balance Sheet
29 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,735 7,647

CURRENT ASSETS
Debtors 5 39,733 22,576
Cash at bank 8,238 10,579
47,971 33,155
CREDITORS
Amounts falling due within one year 6 44,566 27,359
NET CURRENT ASSETS 3,405 5,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,140

13,443

CREDITORS
Amounts falling due after more than one
year

7

(7,912

)

(11,601

)

PROVISIONS FOR LIABILITIES 8 (1,090 ) (1,453 )
NET ASSETS 138 389

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 137 388
SHAREHOLDERS' FUNDS 138 389

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2023 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.

The Hair Retreat Limited (Registered number: 07608330)

Balance Sheet - continued
29 April 2023


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:





Mrs E Farrant - Director


The Hair Retreat Limited (Registered number: 07608330)

Notes to the Financial Statements
for the Period 1 May 2022 to 29 April 2023

1. STATUTORY INFORMATION

The Hair Retreat 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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

The Hair Retreat Limited (Registered number: 07608330)

Notes to the Financial Statements - continued
for the Period 1 May 2022 to 29 April 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2022
and 29 April 2023 51,676 3,660 55,336
DEPRECIATION
At 1 May 2022 47,535 154 47,689
Charge for period 1,035 877 1,912
At 29 April 2023 48,570 1,031 49,601
NET BOOK VALUE
At 29 April 2023 3,106 2,629 5,735
At 30 April 2022 4,141 3,506 7,647

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 29,707 22,576
Tax recoverable 10,026 -
39,733 22,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loan 4,046 4,046
Tax 14,770 2,563
Accrued expenses 25,750 20,750
44,566 27,359

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loan 7,912 11,601

The bank loan represents a loan under HM Government Coronavirus Business Bounce Back Loan Scheme. The bank loan carries an interest rate of 2.5% per annum and it is repayable in accordance with the rules of the scheme.

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,090 1,453

The Hair Retreat Limited (Registered number: 07608330)

Notes to the Financial Statements - continued
for the Period 1 May 2022 to 29 April 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2022 1,453
Provided during period (363 )
Balance at 29 April 2023 1,090

9. CALLED UP SHARE CAPITAL

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

10. RESERVES
Retained
earnings
£   

At 1 May 2022 388
Profit for the period 7,749
Dividends (8,000 )
At 29 April 2023 137

11. RELATED PARTY DISCLOSURES

At 30 April 2023 the director owed the company £29,708 (2022: £22,576).

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs E Farrant.