Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 SC589022 Ms Joanne Woods Mr Ajay Salhotra Ms Joanne Woods iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC589022 2023-02-28 SC589022 2024-02-29 SC589022 2023-03-01 2024-02-29 SC589022 frs-core:CurrentFinancialInstruments 2024-02-29 SC589022 frs-core:ShareCapital 2024-02-29 SC589022 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 SC589022 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC589022 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 SC589022 frs-bus:SmallEntities 2023-03-01 2024-02-29 SC589022 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 SC589022 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC589022 frs-bus:Director1 2023-03-01 2024-02-29 SC589022 frs-bus:Director2 2023-03-01 2024-02-29 SC589022 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 SC589022 frs-core:CurrentFinancialInstruments 1 2024-02-29 SC589022 frs-core:CurrentFinancialInstruments 2 2024-02-29 SC589022 frs-countries:Scotland 2023-03-01 2024-02-29 SC589022 2022-02-28 SC589022 2023-02-28 SC589022 2022-03-01 2023-02-28 SC589022 frs-core:CurrentFinancialInstruments 2023-02-28 SC589022 frs-core:ShareCapital 2023-02-28 SC589022 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 SC589022 frs-core:CurrentFinancialInstruments 1 2023-02-28 SC589022 frs-core:CurrentFinancialInstruments 2 2023-02-28
Registered number: SC589022
Kings Barber Shop Ltd.
Unaudited Financial Statements
For The Year Ended 29 February 2024
Ben Anku & Co.
Accountants
Flat 2/2
1211 Argyle Street
Glasgow
G3 8TQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC589022
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 14,007 11,001
Cash at bank and in hand 4,108 3,052
18,115 14,053
Creditors: Amounts Falling Due Within One Year 5 (3,004 ) (3,136 )
NET CURRENT ASSETS (LIABILITIES) 15,111 10,917
TOTAL ASSETS LESS CURRENT LIABILITIES 15,111 10,917
NET ASSETS 15,111 10,917
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 15,109 10,915
SHAREHOLDERS' FUNDS 15,111 10,917
For the year ending 29 February 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
Ms Joanne Woods
Director
25/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Kings Barber Shop Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC589022 . The registered office is 40a Melfort Avenue, Clydebank, Scotland, G81 2HS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents income from hairdressing and other beauty products.
2.3. Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 1,200
Other debtors (1) 16,672 12,032
Other debtors (2) (2,665 ) (2,231 )
14,007 11,001
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 540
Corporation tax 984 693
Other taxes and social security 159 474
Other creditors 861 1,329
Accruals and deferred income 1,000 100
3,004 3,136
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 2