11731738falsethat of a hair and beauty salon2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-01-012023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 11731738

CL75 Hair Team Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Staffer Mayled & Co Limited
46-48
Station Road
Llanishen
Cardiff
CF14 5LU

CL75 Hair Team Limited

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Craig Lingard
REGISTERED OFFICE
Unit 7, Codas House
Merthyr Road
Whitchurch
Cardiff
CF14 1DJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11731738
ACCOUNTANTS
Staffer Mayled & Co Limited
46-48
Station Road
Llanishen
Cardiff
CF14 5LU

CL75 Hair Team Limited

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

CL75 Hair Team Limited

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets310,02916,168
CURRENT ASSETS
Stock1,9481,891
Debtors562,30514,307
Cash at bank and in hand4,2023,246
68,45519,444
CREDITORS: Amounts falling due within one year637,28518,199
NET CURRENT ASSETS31,1701,245
TOTAL ASSETS LESS CURRENT LIABILITIES41,19917,413
CREDITORS: Amounts falling due after more than one year738,28513,983
PROVISIONS FOR LIABILITIES AND CHARGES82,5762,940
NET ASSETS338490
CAPITAL AND RESERVES
Called up share capital933
Profit and loss account335487
SHAREHOLDERS' FUNDS338490
For the year ending 31/12/2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/10/2024 and signed on their behalf by
.............................
Craig Lingard
Director

CL75 Hair Team Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsstraight line 10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees33

CL75 Hair Team Limited

3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/01/20232,66121,87024,531
Disposals(306)(3,645)(3,951)
At 31/12/20232,35518,22520,580
Depreciation
At 01/01/20238917,4728,363
For the year3681,8202,188
At 31/12/20231,2599,29210,551
Net Book Amounts
At 31/12/20231,0968,93310,029
At 31/12/20221,77014,39816,168
4. STOCK 20232022
££
Stock comprises:
Stock1,9481,891
1,9481,891
5. DEBTORS 20232022
££
Amounts falling due within one year
Directors current account62,30514,307
62,30514,307
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax14,23313,841
VAT10,606-
PAYE control316134
Trade creditors12,1304,224
37,28518,199

CL75 Hair Team Limited

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr38,28513,983
38,28513,983
8. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation2,5762,940
2,5762,940
9. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
1 Class A shares of £1 each11
1 Class B shares of £1 each11
33
10. CONTROLLING PARTY
Are the directors and shareholders of the company.