Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05062220 Miss Victoria Thomas Ms Rachael Barrett V Thomas and R Barrett true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05062220 2023-03-31 05062220 2024-03-31 05062220 2023-04-01 2024-03-31 05062220 frs-core:CurrentFinancialInstruments 2024-03-31 05062220 frs-core:Non-currentFinancialInstruments 2024-03-31 05062220 frs-core:ComputerEquipment 2024-03-31 05062220 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05062220 frs-core:ComputerEquipment 2023-03-31 05062220 frs-core:FurnitureFittings 2024-03-31 05062220 frs-core:FurnitureFittings 2023-04-01 2024-03-31 05062220 frs-core:FurnitureFittings 2023-03-31 05062220 frs-core:InvestmentPropertyIncludedWithinPPE 2024-03-31 05062220 frs-core:InvestmentPropertyIncludedWithinPPE 2023-03-31 05062220 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05062220 frs-core:PlantMachinery 2024-03-31 05062220 frs-core:PlantMachinery 2023-04-01 2024-03-31 05062220 frs-core:PlantMachinery 2023-03-31 05062220 frs-core:ShareCapital 2024-03-31 05062220 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05062220 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05062220 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05062220 frs-bus:SmallEntities 2023-04-01 2024-03-31 05062220 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05062220 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05062220 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 05062220 frs-bus:OrdinaryShareClass2 2024-03-31 05062220 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 05062220 frs-bus:OrdinaryShareClass3 2024-03-31 05062220 1 2023-04-01 2024-03-31 05062220 frs-bus:Director1 2023-04-01 2024-03-31 05062220 frs-bus:Director1 2023-03-31 05062220 frs-bus:Director1 2024-03-31 05062220 frs-bus:Director2 2023-04-01 2024-03-31 05062220 frs-bus:Director2 2023-03-31 05062220 frs-bus:Director2 2024-03-31 05062220 frs-core:CurrentFinancialInstruments 2 2024-03-31 05062220 frs-countries:EnglandWales 2023-04-01 2024-03-31 05062220 2022-03-31 05062220 2023-03-31 05062220 2022-04-01 2023-03-31 05062220 frs-core:CurrentFinancialInstruments 2023-03-31 05062220 frs-core:Non-currentFinancialInstruments 2023-03-31 05062220 frs-core:ShareCapital 2023-03-31 05062220 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 05062220 frs-bus:OrdinaryShareClass2 2022-04-01 2023-03-31 05062220 frs-bus:OrdinaryShareClass3 2022-04-01 2023-03-31 05062220 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 05062220
Blush Hairdressing Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Xeinadin South Wales & West Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05062220
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 42,070 55,349
42,070 55,349
CURRENT ASSETS
Stocks 5 2,716 3,288
Debtors 6 40,545 37,785
Cash at bank and in hand 33,837 19,923
77,098 60,996
Creditors: Amounts Falling Due Within One Year 7 (89,840 ) (87,751 )
NET CURRENT ASSETS (LIABILITIES) (12,742 ) (26,755 )
TOTAL ASSETS LESS CURRENT LIABILITIES 29,328 28,594
Creditors: Amounts Falling Due After More Than One Year 8 (27,905 ) (27,677 )
NET ASSETS 1,423 917
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 1,323 817
SHAREHOLDERS' FUNDS 1,423 917
Page 1
Page 2
For the year ending 31 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Victoria Thomas
Director
11/09/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blush Hairdressing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05062220 . The registered office is Celtic House, Caxton Place, Pentwyn, Cardiff, CF23 8HA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover represents the net invoiced sales of goods and services, excluding value added tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 25% Reducing balance
Plant & Machinery 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% Straight line
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 19 17
19 17
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4. Tangible Assets
Investment Properties Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 57,847 38,210 202,208 9,070 307,335
Additions - - 1,000 - 1,000
As at 31 March 2024 57,847 38,210 203,208 9,070 308,335
Depreciation
As at 1 April 2023 30,902 35,628 176,642 8,814 251,986
Provided during the period 6,736 645 6,642 256 14,279
As at 31 March 2024 37,638 36,273 183,284 9,070 266,265
Net Book Value
As at 31 March 2024 20,209 1,937 19,924 - 42,070
As at 1 April 2023 26,945 2,582 25,566 256 55,349
5. Stocks
2024 2023
£ £
Stock 2,716 3,288
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 6,444 6,315
Directors' loan accounts 34,101 31,470
40,545 37,785
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,249 10,399
Bank loans and overdrafts 4,885 9,952
Corporation tax 41,689 33,166
VAT 18,199 25,680
Other creditors 546 712
Social security and other taxes 1,334 1,733
Accrued expenses 10,938 6,109
89,840 87,751
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 27,905 27,677
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9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
50 Ordinary A shares of £ 1 each 50 50
50 Ordinary B shares of £ 1 each 50 50
100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Miss Victoria Thomas 35,050 8,106 6,931 - 36,225
Ms Rachael Barrett (3,580 ) 1,456 - - (2,124 )
The above loan is repayable within 9 months of the year end.
11. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 74,100 80,500
12. Ultimate Controlling Party
The company's ultimate controlling parties are V Thomas and R Barrett by virtue of their shareholding.
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