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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
Page
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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
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SNK Hair & Beauty Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
11,070 
11,685 
Tangible assets
32,447 
36,421 
43,517 
48,106 
Current assets
Inventories
3,000 
2,750 
Debtors
2,242 
2,083 
Cash at bank and in hand
7,090 
3,574 
12,332 
8,407 
Creditors: amounts falling due within one year
(62,914)
(70,457)
Net current liabilities
(50,582)
(62,050)
Net liabilities
(7,065)
(13,944)
Capital and reserves
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
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SNK Hair & Beauty Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15%
Fixtures & fittings
15%
Computer equipment
25%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
12,300 
At 31 July 2024
12,300 
Amortisation
At 1 August 2023
615 
Charge for the year
615 
At 31 July 2024
1,230 
Net book value
At 31 July 2024
11,070 
At 31 July 2023
11,685 
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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 
Depreciation
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 
Net book value
At 31 July 2024
3,006 
28,738 
703 
32,447 
At 31 July 2023
1,708 
33,776 
937 
36,421 
6
Debtors
2024 
2023 
£ 
£ 
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 
Trade creditors
663 
1,731 
Loans from directors
61,456 
64,951 
62,914 
70,457 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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