Company Registration No. 13885212 (England and Wales)
HAIR BY MARTA LTD
Unaudited accounts
for the year ended 29 February 2024
HAIR BY MARTA LTD
Unaudited accounts
Contents
HAIR BY MARTA LTD
Company Information
for the year ended 29 February 2024
Directors
Marta Davies
Gavin Davies
Company Number
13885212 (England and Wales)
Registered Office
19 SHROPSHIRE STREET
MARKET DRAYTON
SHROPSHIRE
TF9 3DA
UNITED KINGDOM
Accountants
DoKument Ltd
Corbet Arms
High Street
Market Drayton
Shropshire
TF9 1PY
HAIR BY MARTA LTD
Statement of financial position
as at 29 February 2024
Tangible assets
11,975
13,926
Cash at bank and in hand
2,598
3,010
Creditors: amounts falling due within one year
(6,062)
(7,238)
Net current assets
17,111
11,780
Called up share capital
100
100
Profit and loss account
28,986
25,606
Shareholders' funds
29,086
25,706
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 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
Marta Davies
Director
Company Registration No. 13885212
HAIR BY MARTA LTD
Notes to the Accounts
for the year ended 29 February 2024
HAIR BY MARTA LTD is a private company, limited by shares, registered in England and Wales, registration number 13885212. The registered office is 19 SHROPSHIRE STREET, MARKET DRAYTON, SHROPSHIRE, TF9 3DA, UNITED KINGDOM.
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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.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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:
Fixtures & fittings
15% Reducing balance
Computer equipment
25% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
13,560
3,200
16,760
At 29 February 2024
14,240
3,200
17,440
At 1 March 2023
2,034
800
2,834
Charge for the year
1,831
800
2,631
At 29 February 2024
3,865
1,600
5,465
At 29 February 2024
10,375
1,600
11,975
At 28 February 2023
11,526
2,400
13,926
HAIR BY MARTA LTD
Notes to the Accounts
for the year ended 29 February 2024
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,381
3,646
Other creditors
1,727
1,542
Loans from directors
(4,005)
1,208
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
As of 29 February 2024, the director of the company owed £4,445 to the company (28 Feb 2023: Nil) in respect of interest free loan, which is repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).