Company Registration No. 11840817 (England and Wales)
Emily Jones Hair Ltd
Unaudited accounts
for the year ended 30 April 2024
Emily Jones Hair Ltd
Unaudited accounts
Contents
Emily Jones Hair Ltd
Company Information
for the year ended 30 April 2024
Company Number
11840817 (England and Wales)
Registered Office
112 Winchester Road,
Chandler's Ford
Eastleigh
Hampshire
SO53 2GJ
Accountants
Continuity Finance
95 Brownhill Road
Chandlers Ford
Eastleigh
Hampshire
SO53 2FH
Emily Jones Hair Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
2,723
4,495
Cash at bank and in hand
22,470
18,745
Creditors: amounts falling due within one year
(6,424)
(7,396)
Net current assets
23,037
18,450
Total assets less current liabilities
25,760
22,945
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
25,242
22,090
Shareholders' funds
25,243
22,091
For the year ending 30 April 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 15 January 2025 and were signed on its behalf by
E R Jones
Director
Company Registration No. 11840817
Emily Jones Hair Ltd
Notes to the Accounts
for the year ended 30 April 2024
Emily Jones Hair Ltd is a private company, limited by shares, registered in England and Wales, registration number 11840817. The registered office is 112 Winchester Road,, Chandler's Ford, Eastleigh, Hampshire, SO53 2GJ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes and represents income derived from services and sales of goods within the company's ordinary
activities.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of
completion of the service. Due to the nature of the service provided to clients turnover is recognised immediately upon completion of the service.
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:
Plant & machinery
25% on cost
Fixtures & fittings
20% on cost
Computer equipment
25% on cost
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date.
Current tax assets and liabilities are not discounted.
Emily Jones Hair Ltd
Notes to the Accounts
for the year ended 30 April 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
4,437
4,000
1,664
10,101
At 30 April 2024
4,285
4,000
1,664
9,949
At 1 May 2023
1,559
2,735
1,312
5,606
Charge for the year
887
776
319
1,982
On disposals
(362)
-
-
(362)
At 30 April 2024
2,084
3,511
1,631
7,226
At 30 April 2024
2,201
489
33
2,723
At 30 April 2023
2,878
1,265
352
4,495
Amounts falling due within one year
Accrued income and prepayments
2,963
2,558
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,610
620
Other creditors
4,139
4,139
Loans from directors
-
1,987
Emily Jones Hair Ltd
Notes to the Accounts
for the year ended 30 April 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from director
1,987
-
1,987
-
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Average number of employees
During the year the average number of employees was 1 (2023: 1).