HAIR ON THE BROADWAY LTD Filleted Accounts Cover
HAIR ON THE BROADWAY LTD
Company No. 11803440
Information for Filing with The Registrar
28 February 2024
HAIR ON THE BROADWAY LTD Directors Report Registrar
The Directors present their report and the accounts for the period ended 28 February 2024.
Principal activities
The principal activity of the company during the period under review was hairdresser.
Directors
The Directors who served at any time during the period were as follows:
A. Dodaj
B. DODAJ
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
B. DODAJ
Director
26 November 2024
HAIR ON THE BROADWAY LTD Balance Sheet Registrar
at
28 February 2024
Company No.
11803440
Notes
2024
2023
£
£
Fixed assets
Intangible assets
4
30,00035,000
Tangible assets
5
2,7963,262
32,79638,262
Current assets
Stocks
6
1,8002,400
Cash at bank and in hand
5,1225,183
6,9227,583
Creditors: Amount falling due within one year
7
(3,163)
(2,306)
Net current assets
3,7595,277
Total assets less current liabilities
36,55543,539
Creditors: Amounts falling due after more than one year
8
-
(20,000)
Net assets
36,55523,539
Capital and reserves
Called up share capital
1010
Profit and loss account
10
36,54523,529
Total equity
36,55523,539
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the period ended 28 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 26 November 2024 and signed on its behalf by:
B. DODAJ
Director
26 November 2024
HAIR ON THE BROADWAY LTD Notes to the Accounts Registrar
for the period ended 28 February 2024
1
General information
HAIR ON THE BROADWAY LTD is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11803440
Its registered office is:
24 Veryan Court Park Road
London
England
N8 8JR
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Intangible fixed assets
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the period:
33
4
Intangible fixed assets
Other
Total
£
£
Cost
At 1 March 2023
50,00050,000
At 28 February 2024
50,00050,000
Amortisation and impairment
At 1 March 2023
15,00015,000
Charge for the year
5,0005,000
At 28 February 2024
20,00020,000
Net book values
At 28 February 2024
30,00030,000
At 28 February 2023
35,00035,000
5
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 1 March 2023
4,6604,660
At 28 February 2024
4,6604,660
Depreciation
At 1 March 2023
1,3981,398
Charge for the year
466466
At 28 February 2024
1,8641,864
Net book values
At 28 February 2024
2,7962,796
At 28 February 2023
3,262
3,262
6
Stocks
2024
2023
£
£
Raw materials and consumables
1,8002,400
1,8002,400
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Taxes and social security
3,163
2,306
3,1632,306
8
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Other creditors
-20,000
-20,000
9
Share Capital
ordinary shares
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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