Company Registration No. 09392087 (England and Wales)
ELITE HAIR LOUNGE LTD
Unaudited accounts
for the period from 1 February 2023 to 31 March 2024
ELITE HAIR LOUNGE LTD
Unaudited accounts
Contents
ELITE HAIR LOUNGE LTD
Company Information
for the period from 1 February 2023 to 31 March 2024
Secretary
Elite Hair Lounge
Company Number
09392087 (England and Wales)
Registered Office
24 SIDNEY ROAD
LONDON
SW9 0TS
ENGLAND
ELITE HAIR LOUNGE LTD
Statement of financial position
as at 31 March 2024
Tangible assets
1,778
4,488
Cash at bank and in hand
6,491
41,054
Creditors: amounts falling due within one year
(201,646)
(186,908)
Net current liabilities
(195,155)
(133,949)
Total assets less current liabilities
(193,377)
(129,461)
Creditors: amounts falling due after more than one year
(22,500)
(34,167)
Net liabilities
(215,877)
(163,628)
Called up share capital
1
1
Profit and loss account
(215,878)
(163,629)
Shareholders' funds
(215,877)
(163,628)
For the period 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 her 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 5 December 2024 and were signed on its behalf by
Talisha Cox
Director
Company Registration No. 09392087
ELITE HAIR LOUNGE LTD
Notes to the Accounts
for the period from 1 February 2023 to 31 March 2024
ELITE HAIR LOUNGE LTD is a private company, limited by shares, registered in England and Wales, registration number 09392087. The registered office is 24 SIDNEY ROAD, LONDON, SW9 0TS, 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 period, 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 February 2023
12,185
9,211
21,396
At 31 March 2024
12,185
9,211
21,396
At 1 February 2023
9,614
7,294
16,908
Charge for the period
1,285
1,425
2,710
At 31 March 2024
10,899
8,719
19,618
At 31 March 2024
1,286
492
1,778
At 31 January 2023
2,571
1,917
4,488
Amounts falling due within one year
Accrued income and prepayments
-
8,905
Amounts falling due after more than one year
ELITE HAIR LOUNGE LTD
Notes to the Accounts
for the period from 1 February 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
67,361
138,574
Loans from directors
70,448
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).