Company Registration No. 13983366 (England and Wales)
SNK Hair & Beauty Ltd
Unaudited accounts
for the year ended 31 July 2024
SNK Hair & Beauty Ltd
Unaudited accounts
Contents
SNK Hair & Beauty Ltd
Company Information
for the year ended 31 July 2024
Directors
Sarah Louise Bancroft
Kira Nerys Pitt
Company Number
13983366 (England and Wales)
Registered Office
61 QUEEN STREET
NEWTON ABBOT
DEVON
TQ12 2AU
ENGLAND
Accountants
M A Walker & Associates
Willow Ridge
1 Whitebeam Close
Paignton
Devon
TQ3 3GA
SNK Hair & Beauty Ltd
Statement of financial position
as at 31 July 2024
Intangible assets
11,070
11,685
Tangible assets
32,447
36,421
Cash at bank and in hand
7,090
3,574
Creditors: amounts falling due within one year
(62,914)
(70,457)
Net current liabilities
(50,582)
(62,050)
Net liabilities
(7,065)
(13,944)
Called up share capital
300
300
Profit and loss account
(7,365)
(14,244)
Shareholders' funds
(7,065)
(13,944)
For the year ending 31 July 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by
Kira Nerys Pitt
Director
Company Registration No. 13983366
SNK Hair & Beauty Ltd
Notes to the Accounts
for the year ended 31 July 2024
SNK Hair & Beauty Ltd is a private company, limited by shares, registered in England and Wales, registration number 13983366. The registered office is 61 QUEEN STREET, NEWTON ABBOT, DEVON, TQ12 2AU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
SNK Hair & Beauty Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
2,010
39,737
1,249
42,996
Additions
1,759
33
-
1,792
At 31 July 2024
3,769
39,770
1,249
44,788
At 1 August 2023
302
5,961
312
6,575
Charge for the year
461
5,071
234
5,766
At 31 July 2024
763
11,032
546
12,341
At 31 July 2024
3,006
28,738
703
32,447
At 31 July 2023
1,708
33,776
937
36,421
Amounts falling due within one year
Accrued income and prepayments
2,242
2,083
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
795
3,775
Loans from directors
61,456
64,951
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).