2023-06-01 09035775 2024-05-31 09035775 2023-06-01 2024-05-31 09035775 2023-05-31 09035775 2022-06-01 2023-05-31 09035775 uk-core:WithinOneYear 2023-05-31 09035775 uk-core:WithinOneYear 2024-05-31 09035775 uk-core:AfterOneYear 2023-05-31 09035775 uk-core:AfterOneYear 2024-05-31 09035775 uk-core:ShareCapital 2024-05-31 09035775 uk-core:ShareCapital 2023-05-31 09035775 uk-bus:Director1 2023-06-01 2024-05-31 09035775 uk-core:FurnitureFittings 2023-06-01 2024-05-31 09035775 uk-core:AfterOneYear uk-core:Secured 2024-05-31 09035775 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 09035775 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09035775 uk-bus:FRS102 2023-06-01 2024-05-31 09035775 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09035775 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Jaff's Hairdressing Ltd
Registered Number:09035775
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Jaff's Hairdressing Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09035775
As at 31 May 2024
Jaff's Hairdressing Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
14,405
Cash and cash equivalents
9,332
9,332
14,405
Trade and other payables: amounts falling due within one year
(2,071)
(998)
3
12,334
8,334
Net current assets
Total assets less current liabilities
8,334
12,334
Trade and other payables: amounts falling due after more than one
year
(12,333)
(8,333)
4
1
Net assets
1
Capital and reserves
Called up share capital
1
1
1
1
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Rizgar Yasin Director
These financial statements were approved and authorised for issue by the Board on 24 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Jaff's Hairdressing Ltd
Notes to the Financial Statements
Statutory Information
Jaff's Hairdressing Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
09035775.
Principal place of business:
255 Shields Road
Pelaw
Gateshead
NE10 0QD
Registered address:
13 Mary Street
Sunderland
Tyne & Wear
SR1 3NH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2000 per annum on cost
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 May 2024
Jaff's Hairdressing Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Fixtures and
fittings
£
Cost or valuation
At 01 June 2023
6,000
At 31 May 2024
6,000
Provision for depreciation and impairment
At 01 June 2023
6,000
At 31 May 2024
6,000
At 31 May 2024
Net book value
-
At 31 May 2023
-
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for
impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual
value, over their expected useful lives on the following basis:
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
998
2,071
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
8,333
12,333
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 1)
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