Registered number
12012897
H.B.H. Salons Limited
Unaudited Filleted Accounts
31 March 2024
H.B.H. Salons Limited
Company Information
Directors
Miss H Brown
Mr G Brown
Accountants
Keith Graham
Chartered Accountants
Suite 2 Wesley Chambers
Queens Road
Aldershot
Hampshire
GU11 3JD
Registered office
Suite 2 Wesley Chambers
Queens Road
Aldershot
Hampshire
GU11 3JD
Registered number
12012897
H.B.H. Salons Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of H.B.H. Salons Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of H.B.H. Salons Limited for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/ en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of H.B.H. Salons Limited, as a body, in accordance with the terms of our engagement letter dated 23 March 2023. Our work has been undertaken solely to prepare for your approval the accounts of H.B.H. Salons Limited and state those matters that we have agreed to state to the Board of Directors of H.B.H. Salons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than H.B.H. Salons Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that H.B.H. Salons Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of H.B.H. Salons Limited. You consider that H.B.H. Salons 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 accounts of H.B.H. Salons 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 accounts.
Keith Graham
Chartered Accountants
Suite 2 Wesley Chambers
Queens Road
Aldershot
Hampshire
GU11 3JD
17 October 2024
H.B.H. Salons Limited
Registered number: 12012897
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 49,953 68,508
Current assets
Stocks 2,950 2,000
Debtors 4 6,425 5,190
Cash at bank and in hand 8,492 6,078
17,867 13,268
Creditors: amounts falling due within one year 5 (147,609) (150,350)
Net current liabilities (129,742) (137,082)
Net liabilities (79,789) (68,574)
Capital and reserves
Called up share capital 101 101
Profit and loss account (79,890) (68,675)
Shareholders' funds (79,789) (68,574)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Miss H Brown
Director
Approved by the board on 17 October 2024
H.B.H. Salons Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

The company is insolvent but for the continuing support of the directors, who have indicated their willingness to continue to support the company for the forseeable future.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of hairdressing and beauty treatment services. Turnover from the rendering of hairdressing and beauty treatment services is recognised by reference to the stage of completion of the contract.
Grants
Grant income is recognised when the company is entitled to the receipt. Grants receivable are shown in profit or loss account as part of Other Operating Income and any associated costs are shown in the profit or loss account according to their nature.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Straight Line
Motor vehicles 25% Straight Line
Leasehold improvements 20% Straight Line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2023 58,352 26,102 3,000 87,454
Additions - 643 - 643
Disposals - (183) - (183)
At 31 March 2024 58,352 26,562 3,000 87,914
Depreciation
At 1 April 2023 11,670 6,526 750 18,946
Charge for the year 11,671 6,640 750 19,061
On disposals - (46) - (46)
At 31 March 2024 23,341 13,120 1,500 37,961
Net book value
At 31 March 2024 35,011 13,442 1,500 49,953
At 31 March 2023 46,682 19,576 2,250 68,508
4 Debtors 2024 2023
£ £
Other debtors 6,425 5,190
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 120,000
Taxation and social security costs 4,666 3,409
Other creditors 142,943 26,941
147,609 150,350
6 Loans 2024 2023
£ £
Creditors include:
Loans - 120,000
The interest-free loan was provided by the director, Mr G Brown and his wife. During the year, the interest-free loan was repaid to Mr G Brown and his wife.
7 Other information
H.B.H. Salons Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 2 Wesley Chambers
Queens Road
Aldershot
Hampshire
GU11 3JD
Sterling is the functional currency for these accounts.
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