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REGISTERED NUMBER: 06699597 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

The Easy Barber Ltd

The Easy Barber Ltd (Registered number: 06699597)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

The Easy Barber Ltd

Company Information
for the year ended 30 September 2023







DIRECTORS: S P Rayner
D Campin





REGISTERED OFFICE: 8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ





REGISTERED NUMBER: 06699597 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

The Easy Barber Ltd (Registered number: 06699597)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,366 3,741

CURRENT ASSETS
Debtors 5 264,798 252,953
Cash at bank and in hand 19,839 33,143
284,637 286,096
CREDITORS
Amounts falling due within one year 6 234,353 222,444
NET CURRENT ASSETS 50,284 63,652
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,650

67,393

CREDITORS
Amounts falling due after more than one
year

7

(32,323

)

(37,514

)

PROVISIONS FOR LIABILITIES (1,091 ) (906 )
NET ASSETS 21,236 28,973

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 21,136 28,873
SHAREHOLDERS' FUNDS 21,236 28,973

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





D Campin - Director


The Easy Barber Ltd (Registered number: 06699597)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

The Easy Barber Ltd 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.

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 represents chair rental income received, exclusive of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

The Easy Barber Ltd (Registered number: 06699597)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2022 101,855 3,306 105,161
Additions 1,990 321 2,311
At 30 September 2023 103,845 3,627 107,472
DEPRECIATION
At 1 October 2022 98,114 3,306 101,420
Charge for year 1,659 27 1,686
At 30 September 2023 99,773 3,333 103,106
NET BOOK VALUE
At 30 September 2023 4,072 294 4,366
At 30 September 2022 3,741 - 3,741

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 264,798 252,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 5,750 5,750
Taxation and social security 205,417 196,918
Other creditors 23,186 19,776
234,353 222,444

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans 32,323 37,514

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 8,323 13,514

8. OTHER FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £166,625 (2022 - £122,250).

The Easy Barber Ltd (Registered number: 06699597)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2023 and 30 September 2022:

30.9.23 30.9.22
£    £   
S P Rayner
Balance outstanding at start of year 97,895 58,407
Amounts advanced 91,492 121,310
Amounts repaid (86,301 ) (81,822 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 103,086 97,895

D Campin
Balance outstanding at start of year 92,123 49,534
Amounts advanced 91,447 120,861
Amounts repaid (88,233 ) (78,272 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 95,337 92,123

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Easy Barber Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Easy Barber Ltd for the year ended 30 September 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Easy Barber Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Easy Barber Ltd and state those matters that we have agreed to state to the Board of Directors of The Easy Barber Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Easy Barber Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Easy Barber Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Easy Barber Ltd. You consider that The Easy Barber Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Easy Barber Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


20 September 2024