BrightAccountsProduction v1.0.0 v1.0.0 2022-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts Hairdressing and other beauty treatment 28 August 2024 09806834 2023-11-30 09806834 2022-11-30 09806834 2021-11-30 09806834 2022-12-01 2023-11-30 09806834 2021-12-01 2022-11-30 09806834 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09806834 uk-curr:PoundSterling 2022-12-01 2023-11-30 09806834 uk-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09806834 uk-bus:AbridgedAccounts 2022-12-01 2023-11-30 09806834 uk-core:ShareCapital 2023-11-30 09806834 uk-core:ShareCapital 2022-11-30 09806834 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 09806834 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 09806834 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 09806834 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-11-30 09806834 uk-bus:FRS102 2022-12-01 2023-11-30 09806834 uk-core:Goodwill 2022-12-01 2023-11-30 09806834 uk-core:PlantMachinery 2022-12-01 2023-11-30 09806834 uk-core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 09806834 uk-core:Goodwill 2022-11-30 09806834 uk-core:Goodwill 2023-11-30 09806834 2022-12-01 2023-11-30 09806834 uk-bus:Director1 2022-12-01 2023-11-30 09806834 uk-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Station Hair Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 November 2023



Station Hair Ltd
Company Registration Number: 09806834
ABRIDGED BALANCE SHEET
as at 30 November 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 5 5,264 5,656
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Current Assets
Stocks 500 -
Debtors 3,724 4,170
Cash and cash equivalents 13,354 16,157
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17,578 20,327
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Creditors: amounts falling due within one year (11,477) (11,807)
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Net Current Assets 6,101 8,520
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Total Assets less Current Liabilities 11,365 14,176
 
Creditors:
amounts falling due after more than one year (10,426) (14,171)
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Net Assets 939 5
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Capital and Reserves
Called up share capital 1 1
Retained earnings 938 4
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Shareholders' Funds 939 5
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 28 August 2024 and signed on its behalf by
           
           
________________________________          
Mrs F Williams          
Director          
           



Station Hair Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 November 2023

   
1. General Information
 
Station Hair Ltd is a company limited by shares incorporated and registered in the England. The registered number of the company is 09806834. The registered office of the company is 140 Station Road, West Moors, Ferndown, Dorset, BH22 0JB, United Kingdom which is also the principal place of business of the company. Hairdressing and other beauty treatment The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 November 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Intangible assets
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 5 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Reducing balance
  Fixtures, fittings and equipment - 15% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 4, (2022 - 2).
 
  2023 2022
  Number Number
 
Directors 2 2
Employees 2 -
  ───────── ─────────
  4 2
  ═════════ ═════════
     
4. Intangible assets
   
  Goodwill
  £
Cost
At 1 December 2022 11,000
  ─────────
 
At 30 November 2023 11,000
  ─────────
Amortisation
 
At 30 November 2023 11,000
  ─────────
Net book value
At 30 November 2023 -
  ═════════
         
5. Tangible assets
  Plant and Fixtures, Total
  machinery fittings and  
    equipment  
  £ £ £
Cost
At 1 December 2022 7,981 4,104 12,085
Additions - 537 537
  ───────── ───────── ─────────
At 30 November 2023 7,981 4,641 12,622
  ───────── ───────── ─────────
Depreciation
At 1 December 2022 5,085 1,344 6,429
Charge for the financial year 434 495 929
  ───────── ───────── ─────────
At 30 November 2023 5,519 1,839 7,358
  ───────── ───────── ─────────
Net book value
At 30 November 2023 2,462 2,802 5,264
  ═════════ ═════════ ═════════
At 30 November 2022 2,896 2,760 5,656
  ═════════ ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 November 2023.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.