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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
Page
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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
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HAIR BY MARTA LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,975 
13,926 
Current assets
Inventories
20,575 
16,008 
Cash at bank and in hand
2,598 
3,010 
23,173 
19,018 
Creditors: amounts falling due within one year
(6,062)
(7,238)
Net current assets
17,111 
11,780 
Net assets
29,086 
25,706 
Capital and reserves
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
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HAIR BY MARTA LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
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.
Presentation currency
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 
Additions
680 
- 
680 
At 29 February 2024
14,240 
3,200 
17,440 
Depreciation
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 
Net book value
At 29 February 2024
10,375 
1,600 
11,975 
At 28 February 2023
11,526 
2,400 
13,926 
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HAIR BY MARTA LTD Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
239 
43 
Taxes and social security
7,381 
3,646 
Other creditors
1,727 
1,542 
Loans from directors
(4,005)
1,208 
Accruals
720 
799 
6,062 
7,238 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Loans to directors
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).
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