EXQUISITE HAIR AND BEAUTY LIMITED

Company Registration Number:
SC568921 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

EXQUISITE HAIR AND BEAUTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

EXQUISITE HAIR AND BEAUTY LIMITED

Company Information

for the Period Ended 31 December 2023




Director: NASSAR MEHMOOD
KHALID MEHMOOD
Registered office: Askari & Co Limited
162 Darnley Street
Glasgow
GBR
G41 2LL
Company Registration Number: SC568921 (Scotland)

EXQUISITE HAIR AND BEAUTY LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The company's principal activity during the period was that of beauty salon.

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
NASSAR MEHMOOD
KHALID MEHMOOD

This report was approved by the board of directors on 15 July 2024
And Signed On Behalf Of The Board By:

Name: NASSAR MEHMOOD
Status: Director

EXQUISITE HAIR AND BEAUTY LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 2,832 2,646
Total fixed assets: 2,832 2,646
Current assets
Stocks: 4,950 5,765
Cash at bank and in hand: 4,732 4,400
Total current assets: 9,682 10,165
Creditors: amounts falling due within one year: 6 ( 4,874 ) ( 3,870 )
Net current assets (liabilities): 4,808 6,295
Total assets less current liabilities: 7,640 8,941
Creditors: amounts falling due after more than one year: 7 ( 3,468 ) ( 4,120 )
Total net assets (liabilities): 4,172 4,821

The notes form part of these financial statements

EXQUISITE HAIR AND BEAUTY LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,072 4,721
Shareholders funds: 4,172 4,821

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 15 July 2024
And Signed On Behalf Of The Board By:

Name: NASSAR MEHMOOD
Status: Director

The notes form part of these financial statements

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 3

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Dividends


2023
£

2022
£
Dividends paid 1,000 2,000

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 January 2023 3,618 698 4,316
Additions - 500 500
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 December 2023 3,618 1,198 4,816
Depreciation
At 01 January 2023 1,474 196 1,670
Charge for year 214 100 314
On disposals - - -
Other adjustments - - -
At 31 December 2023 1,688 296 1,984
Net book value
At 31 December 2023 1,930 902 2,832
At 31 December 2022 2,144 502 2,646

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 1,660 856
Accruals and deferred income 2,049 1,692
Other creditors 1,165 1,322
Total 4,874 3,870

EXQUISITE HAIR AND BEAUTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 3,468 4,120
Total 3,468 4,120