Acorah Software Products - Accounts Production 15.0.600 false true true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 06287919 Mrs L Daws Mrs L Daws iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06287919 2022-09-30 06287919 2023-09-30 06287919 2022-10-01 2023-09-30 06287919 frs-core:CurrentFinancialInstruments 2023-09-30 06287919 frs-core:Non-currentFinancialInstruments 2023-09-30 06287919 frs-core:ComputerEquipment 2023-09-30 06287919 frs-core:ComputerEquipment 2022-10-01 2023-09-30 06287919 frs-core:ComputerEquipment 2022-09-30 06287919 frs-core:FurnitureFittings 2023-09-30 06287919 frs-core:FurnitureFittings 2022-10-01 2023-09-30 06287919 frs-core:FurnitureFittings 2022-09-30 06287919 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 06287919 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-01 2023-09-30 06287919 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-09-30 06287919 frs-core:PlantMachinery 2023-09-30 06287919 frs-core:PlantMachinery 2022-10-01 2023-09-30 06287919 frs-core:PlantMachinery 2022-09-30 06287919 frs-core:ShareCapital 2023-09-30 06287919 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06287919 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 06287919 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 06287919 frs-bus:SmallEntities 2022-10-01 2023-09-30 06287919 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 06287919 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 06287919 frs-bus:Director1 2022-10-01 2023-09-30 06287919 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 06287919 frs-countries:EnglandWales 2022-10-01 2023-09-30 06287919 2021-09-30 06287919 2022-09-30 06287919 2021-10-01 2022-09-30 06287919 frs-core:CurrentFinancialInstruments 2022-09-30 06287919 frs-core:Non-currentFinancialInstruments 2022-09-30 06287919 frs-core:ShareCapital 2022-09-30 06287919 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 06287919
Blu Hair Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06287919
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,388 7,676
39,388 7,676
CURRENT ASSETS
Stocks 5 12,000 7,500
Debtors 6 9,883 679
Cash at bank and in hand 2,935 13,489
24,818 21,668
Creditors: Amounts Falling Due Within One Year 7 (26,180 ) (18,152 )
NET CURRENT ASSETS (LIABILITIES) (1,362 ) 3,516
TOTAL ASSETS LESS CURRENT LIABILITIES 38,026 11,192
Creditors: Amounts Falling Due After More Than One Year 8 (77,316 ) (42,328 )
NET LIABILITIES (39,290 ) (31,136 )
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (39,300 ) (31,146 )
SHAREHOLDERS' FUNDS (39,290) (31,136)
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Page 2
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs L Daws
Director
16 August 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Blu Hair Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06287919 . The registered office is 9 The Precinct, Candleby Lane, Cotgrave, Nottingham, NG12 3JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. This may not be appropriate and is dependent on the directors' continuing support.  The director has confirmed that they have no intention of withdrawing that support in the next twelve months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Straight Line over 12 years
Plant & Machinery 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 25% Reudcing Balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: )
4 -
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4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 October 2022 - 5,940 7,953 392 14,285
Additions 35,868 - - - 35,868
As at 30 September 2023 35,868 5,940 7,953 392 50,153
Depreciation
As at 1 October 2022 - 1,883 4,493 233 6,609
Provided during the period 2,989 608 519 40 4,156
As at 30 September 2023 2,989 2,491 5,012 273 10,765
Net Book Value
As at 30 September 2023 32,879 3,449 2,941 119 39,388
As at 1 October 2022 - 4,057 3,460 159 7,676
5. Stocks
2023 2022
£ £
Stock 12,000 7,500
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 4,810 -
Other debtors 3,500 679
VAT 1,573 -
9,883 679
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 1
Bank loans and overdrafts 3,897 14,622
Other taxes and social security 720 -
Other creditors 18,878 2,579
Accruals and deferred income 2,685 950
26,180 18,152
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8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 6,828 -
Other creditors 70,488 42,328
77,316 42,328
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
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