IRIS Accounts Production v24.1.9.2 SC715212 director 1.12.22 30.11.23 30.11.23 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC7152122022-11-30SC7152122023-11-30SC7152122022-12-012023-11-30SC7152122021-11-15SC7152122021-11-162022-11-30SC7152122022-11-30SC715212ns15:Scotland2022-12-012023-11-30SC715212ns14:PoundSterling2022-12-012023-11-30SC715212ns10:Director12022-12-012023-11-30SC715212ns10:PrivateLimitedCompanyLtd2022-12-012023-11-30SC715212ns10:Micro-entities2022-12-012023-11-30SC715212ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-30SC715212ns10:FullAccounts2022-12-012023-11-30SC715212ns5:CurrentFinancialInstruments2023-11-30SC715212ns5:CurrentFinancialInstruments2022-11-30SC715212ns5:Non-currentFinancialInstruments2023-11-30SC715212ns5:Non-currentFinancialInstruments2022-11-30SC715212ns10:RegisteredOffice2022-12-012023-11-30SC7152121ns10:Director12022-11-30SC7152121ns10:Director12021-11-15SC7152121ns10:Director12022-12-012023-11-30SC7152121ns10:Director12021-11-162022-11-30SC7152121ns10:Director12023-11-30SC7152121ns10:Director12022-11-30
REGISTERED NUMBER: SC715212 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ASIAN HAIR SALON LTD

ASIAN HAIR SALON LTD (REGISTERED NUMBER: SC715212)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Balance Sheet 1


ASIAN HAIR SALON LTD (REGISTERED NUMBER: SC715212)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
£    £    £    £   
FIXED ASSETS 5,366 6,708

CURRENT ASSETS 2,419 352

CREDITORS
Amounts falling due within one year (6,538 ) (6,000 )
NET CURRENT LIABILITIES (4,119 ) (5,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,247

1,060

CREDITORS
Amounts falling due after more than one
year

10,094

3,785
NET LIABILITIES (8,847 ) (2,725 )

CAPITAL AND RESERVES (8,847 ) (2,725 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Asian Hair Salon Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC715212

Registered office: 17 Maryston Street
Glasgow
United Kingdom
G33 1PB

ASIAN HAIR SALON LTD (REGISTERED NUMBER: SC715212)

BALANCE SHEET - continued
30 November 2023

NOTES TO THE FINANCIAL STATEMENTS

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 105 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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.

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

3. AVERAGE NUMBER OF EMPLOYEES

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

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 November 2023 and the period ended 30 November 2022:

30.11.23 30.11.22
£    £   
Ms Lee Cheng Liong
Balance outstanding at start of year (3,785 ) -
Amounts advanced (6,309 ) (3,785 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,094 ) (3,785 )



ASIAN HAIR SALON LTD (REGISTERED NUMBER: SC715212)

BALANCE SHEET - continued
30 November 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 31 August 2024 and were signed by:





Ms Lee Cheng Liong - Director