Company Registration No. 11916404 (England and Wales)
PAINT HAIR ALCHEMY LIMITED
Unaudited accounts
for the year ended 31 March 2024
PAINT HAIR ALCHEMY LIMITED
Unaudited accounts
Contents
PAINT HAIR ALCHEMY LIMITED
Company Information
for the year ended 31 March 2024
Company Number
11916404 (England and Wales)
Registered Office
Studio 42
17 Amhurst Terrace
Hackney Downs Studios
London
E8 2BT
ENGLAND
PAINT HAIR ALCHEMY LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
3,945
6,505
Cash at bank and in hand
-
2,445
Creditors: amounts falling due within one year
(6,345)
(19,445)
Net current liabilities
(6,345)
(9,710)
Net liabilities
(2,400)
(3,205)
Called up share capital
600
600
Profit and loss account
(3,000)
(3,805)
Shareholders' funds
(2,400)
(3,205)
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 director acknowledges his 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 and authorised for issue on 13 November 2024 and were signed on its behalf by
Belinda HAY
Director
Company Registration No. 11916404
PAINT HAIR ALCHEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
PAINT HAIR ALCHEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11916404. The registered office is Studio 42 , 17 Amhurst Terrace, Hackney Downs Studios, London, E8 2BT , 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
11,343
1,457
12,800
At 31 March 2024
11,343
1,457
12,800
At 1 April 2023
6,004
291
6,295
Charge for the year
2,269
291
2,560
At 31 March 2024
8,273
582
8,855
At 31 March 2024
3,070
875
3,945
At 31 March 2023
5,339
1,166
6,505
Amounts falling due within one year
PAINT HAIR ALCHEMY LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
833
11,483
Taxes and social security
(1,796)
-
Loans from directors
7,308
7,462
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).