HAIR UNION SQUARE LIMITED

Company Registration Number:
SC503037 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

HAIR UNION SQUARE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

HAIR UNION SQUARE LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 36,335 50,151
Total fixed assets: 36,335 50,151
Current assets
Stocks: 23,662 18,947
Debtors:   42,797 43,522
Cash at bank and in hand: 97,117 48,724
Total current assets: 163,576 111,193
Creditors: amounts falling due within one year: 4 (288,550) (233,900)
Net current assets (liabilities): (124,974) (122,707)
Total assets less current liabilities: (88,639) (72,556)
Creditors: amounts falling due after more than one year: 5 (39,925) (58,082)
Total net assets (liabilities): (128,564) (130,638)
Capital and reserves
Called up share capital: 2 1
Profit and loss account: (128,566) (130,639)
Shareholders funds: (128,564) (130,638)

The notes form part of these financial statements

HAIR UNION SQUARE LIMITED

Balance sheet statements

For the year ending 30 April 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 November 2024
and signed on behalf of the board by:

Name: P Harkins
Status: Director

The notes form part of these financial statements

HAIR UNION SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAIR UNION SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 23 21

HAIR UNION SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 173,592
Additions 1,260
At 30 April 2024 174,852
Depreciation
At 01 May 2023 123,441
Charge for year 15,076
At 30 April 2024 138,517
Net book value
At 30 April 2024 36,335
At 30 April 2023 50,151

HAIR UNION SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023 Bank loans and overdrafts 22,012 23,598 Trade creditors 207,717 182,719 Owed to group undertakings 1,969 Corporation tax 17,441 811 Social security and other taxes 38,150 21,485 Other creditors 3,230 3,318

HAIR UNION SQUARE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

2024 2023 Bank loans and overdrafts 39,925 58,082