IRIS Accounts Production v24.3.2.46 06909244 director 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069092442023-07-31069092442024-07-31069092442023-08-012024-07-31069092442022-07-31069092442022-08-012023-07-31069092442023-07-3106909244ns15:EnglandWales2023-08-012024-07-3106909244ns14:PoundSterling2023-08-012024-07-3106909244ns10:Director12023-08-012024-07-3106909244ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3106909244ns10:SmallEntities2023-08-012024-07-3106909244ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3106909244ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3106909244ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3106909244ns10:FullAccounts2023-08-012024-07-310690924412023-08-012024-07-3106909244ns10:RegisteredOffice2023-08-012024-07-3106909244ns5:CurrentFinancialInstruments2024-07-3106909244ns5:CurrentFinancialInstruments2023-07-3106909244ns5:ShareCapital2024-07-3106909244ns5:ShareCapital2023-07-3106909244ns5:RetainedEarningsAccumulatedLosses2024-07-3106909244ns5:RetainedEarningsAccumulatedLosses2023-07-3106909244ns5:NetGoodwill2023-08-012024-07-3106909244ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3106909244ns5:PlantMachinery2023-08-012024-07-3106909244ns5:NetGoodwill2023-07-3106909244ns5:NetGoodwill2024-07-3106909244ns5:NetGoodwill2023-07-3106909244ns5:PlantMachinery2023-07-3106909244ns5:PlantMachinery2024-07-3106909244ns5:PlantMachinery2023-07-3106909244ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3106909244ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-31
REGISTERED NUMBER: 06909244 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

STYLE CREATION HAIR AND BEAUTY LTD

STYLE CREATION HAIR AND BEAUTY LTD (REGISTERED NUMBER: 06909244)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


STYLE CREATION HAIR AND BEAUTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: Mrs L Jefferies





REGISTERED OFFICE: 53 High Street
Hanham
Bristol
Avon
BS15 3DQ





REGISTERED NUMBER: 06909244 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

STYLE CREATION HAIR AND BEAUTY LTD (REGISTERED NUMBER: 06909244)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,476 2,177
3,476 2,177

CURRENT ASSETS
Stocks 5,750 5,660
Debtors 6 475 457
Cash at bank and in hand 40,486 41,661
46,711 47,778
CREDITORS
Amounts falling due within one year 7 13,474 17,484
NET CURRENT ASSETS 33,237 30,294
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,713

32,471

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 36,712 32,470
36,713 32,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2025 and were signed by:




Mrs L Jefferies - Director


STYLE CREATION HAIR AND BEAUTY LTD (REGISTERED NUMBER: 06909244)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Style Creation Hair and Beauty Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
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 or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

STYLE CREATION HAIR AND BEAUTY LTD (REGISTERED NUMBER: 06909244)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 30,000
AMORTISATION
At 1 August 2023
and 31 July 2024 30,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 11,537
Additions 2,438
At 31 July 2024 13,975
DEPRECIATION
At 1 August 2023 9,360
Charge for year 1,139
At 31 July 2024 10,499
NET BOOK VALUE
At 31 July 2024 3,476
At 31 July 2023 2,177

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 475 457

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 567 333
Taxation and social security 9,457 14,355
Other creditors 3,450 2,796
13,474 17,484

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs L Jefferies.