1 January 2023 false Taxfiler 2024.5 12350016business:PrivateLimitedCompanyLtd2023-01-012023-12-31 123500162022-12-31 123500162023-01-012023-12-31 12350016business:AuditExemptWithAccountantsReport2023-01-012023-12-31 12350016business:FilletedAccounts2023-01-012023-12-31 123500162023-12-31 12350016business:Director12023-01-012023-12-31 12350016business:RegisteredOffice2023-01-012023-12-31 123500162022-12-31 12350016core:WithinOneYear2023-12-31 12350016core:WithinOneYear2022-12-31 12350016core:AfterOneYear2023-12-31 12350016core:AfterOneYear2022-12-31 12350016core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12350016core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 12350016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12350016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 12350016core:PreviouslyStatedAmount2023-12-31 12350016core:PreviouslyStatedAmount2022-12-31 12350016business:SmallEntities2023-01-012023-12-31 12350016countries:EnglandWales2023-01-012023-12-31 12350016core:FurnitureFittings2023-01-012023-12-31 12350016core:ComputerEquipment2022-12-31 12350016core:ComputerEquipment2023-12-31 12350016core:ComputerEquipment2023-01-012023-12-31 123500162022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12350016 (England and Wales)
INFINITY BARBERS ROUNDHAY LIMITED unaudited financial statements for the year ended 31 December 2023
INFINITY BARBERS ROUNDHAY LIMITED unaudited financial statements Contents
Page
- 2 -
INFINITY BARBERS ROUNDHAY LIMITED Company Information for the year ended 31 December 2023
Director
Mohammed Moshiur RAHMAN
Company Number
12350016 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
Accountants
HLA Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of INFINITY BARBERS ROUNDHAY LIMITED for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of INFINITY BARBERS ROUNDHAY LIMITED for the year ended 31 December 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
HLA Accountants Chartered Certified Accountants 21 Hyde Park Road Leeds West Yorkshire LS6 1PY 12 September 2024
- 4 -
INFINITY BARBERS ROUNDHAY LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,915 
6,144 
Current assets
Inventories
1,637 
1,637 
Cash at bank and in hand
35,116 
33,278 
36,753 
34,915 
Creditors: amounts falling due within one year
(10,635)
(2,419)
Net current assets
26,118 
32,496 
Total assets less current liabilities
31,033 
38,640 
Creditors: amounts falling due after more than one year
(32,168)
(40,129)
Net liabilities
(1,135)
(1,489)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,235)
(1,589)
Shareholders' funds
(1,135)
(1,489)
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 director acknowledges his 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 and authorised for issue on 12 September 2024 and were signed on its behalf by
Mohammed Moshiur RAHMAN Director Company Registration No. 12350016
- 5 -
INFINITY BARBERS ROUNDHAY LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
INFINITY BARBERS ROUNDHAY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12350016. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Fixtures & fittings
20% diminishing balance method
- 6 -
INFINITY BARBERS ROUNDHAY LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
12,000 
At 31 December 2023
12,000 
Depreciation
At 1 January 2023
5,856 
Charge for the year
1,229 
At 31 December 2023
7,085 
Net book value
At 31 December 2023
4,915 
At 31 December 2022
6,144 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
210 
Taxes and social security
9,035 
1,609 
Accruals
1,600 
600 
10,635 
2,419 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,168 
40,129 
7
Average number of employees
During the year the average number of employees was 5 (2022: 4).
- 7 -