Company Registration No. 04979330 (England and Wales)
Review The Haircutters Ltd
Unaudited accounts
for the year ended 31 December 2023
Review The Haircutters Ltd
Unaudited accounts
Contents
Review The Haircutters Ltd
Company Information
for the year ended 31 December 2023
Directors
Mrs K Johnson
Karen Johnson
Company Number
04979330 (England and Wales)
Registered Office
1A NELSON STREET
BARROW IN FURNESS
CUMBRIA
LA14 1NG
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
Review The Haircutters Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
104,800
107,872
Cash at bank and in hand
74,975
57,767
Creditors: amounts falling due within one year
(12,421)
(10,887)
Net current assets
67,850
52,136
Net assets
172,650
160,127
Called up share capital
2
2
Profit and loss account
172,648
160,125
Shareholders' funds
172,650
160,127
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by
Mrs K Johnson
Director
Company Registration No. 04979330
Review The Haircutters Ltd
Notes to the Accounts
for the year ended 31 December 2023
Review The Haircutters Ltd is a private company, limited by shares, registered in England and Wales, registration number 04979330. The registered office is 1A NELSON STREET, BARROW IN FURNESS, CUMBRIA, LA14 1NG.
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:
Land & buildings
2% on cost
Plant & machinery
20% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Review The Haircutters Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
157,543
39,730
815
198,088
At 31 December 2023
157,543
40,620
907
199,070
At 1 January 2023
53,237
36,173
806
90,216
Charge for the year
3,120
901
33
4,054
At 31 December 2023
56,357
37,074
839
94,270
At 31 December 2023
101,186
3,546
68
104,800
At 31 December 2022
104,306
3,557
9
107,872
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,680
3,466
Taxes and social security
5,993
3,952
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).