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REGISTERED NUMBER: 06287878 (England and Wales)















BAMBOO HAIR LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

BAMBOO HAIR LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs A Francis





SECRETARY: S D Francis





REGISTERED OFFICE: 23 Darlington Street
Wolverhampton
West Midlands
WV1 4HW





REGISTERED NUMBER: 06287878 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,274 1,897

CURRENT ASSETS
Stocks 5 2,000 1,000
Debtors 6 5,817 4,320
Cash at bank and in hand 4,442 23,965
12,259 29,285
CREDITORS
Amounts falling due within one year 7 12,254 15,859
NET CURRENT ASSETS 5 13,426
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,279

15,323

PROVISIONS FOR LIABILITIES - 475
NET ASSETS 7,279 14,848

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 7,277 14,846
SHAREHOLDERS' FUNDS 7,279 14,848

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2024 and were signed by:





Mrs A Francis - Director


BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Bamboo Hair Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 the value of services and goods net of vat. Turnover is recognised when the service has been given to the customer and goods have been physically received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures, fittings & equipment - 20% on reducing balance
Computer equipment - 25% Straight Line

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes
recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings Computer
property & equipment equipment Totals
£    £    £    £   
COST
At 1 January 2023 6,191 14,663 2,186 23,040
Additions - 6,225 - 6,225
At 31 December 2023 6,191 20,888 2,186 29,265
DEPRECIATION
At 1 January 2023 6,191 13,097 1,855 21,143
Charge for year - 738 110 848
At 31 December 2023 6,191 13,835 1,965 21,991
NET BOOK VALUE
At 31 December 2023 - 7,053 221 7,274
At 31 December 2022 - 1,566 331 1,897

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 2,000 1,000

BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 4,063 4,063
Tax 1,195 -
Prepayments 559 257
5,817 4,320

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 4,472 6,384
Social security and other taxes 6,339 8,895
Other creditors 107 169
Accrued expenses 1,336 411
12,254 15,859

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 2

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the Director.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Bamboo Hair Limited


The following reproduces the text of the report prepared for the director 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 Director 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 Bamboo Hair Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 director of Bamboo Hair Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bamboo Hair Limited and state those matters that we have agreed to state to the director of Bamboo Hair Limited 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 Bamboo Hair Limited and its director for our work or for this report.

It is your duty to ensure that Bamboo Hair Limited 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 Bamboo Hair Limited. You consider that Bamboo Hair Limited 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 Bamboo Hair Limited. 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.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


23 September 2024