HAIR TRAFFIC SALONS GROUP LIMITED

Company Registration Number:
NI012024 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

HAIR TRAFFIC SALONS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

HAIR TRAFFIC SALONS GROUP LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 230,307 315,100
Investments: 4 400,000 400,000
Total fixed assets: 630,307 715,100
Current assets
Stocks:   850,000
Debtors:   1,311,305 509,970
Cash at bank and in hand: 224,300 437,252
Total current assets: 1,535,605 1,797,222
Creditors: amounts falling due within one year:   (81,759) (341,074)
Net current assets (liabilities): 1,453,846 1,456,148
Total assets less current liabilities: 2,084,153 2,171,248
Provision for liabilities: (4,351) (5,442)
Total net assets (liabilities): 2,079,802 2,165,806
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,079,702 2,165,706
Shareholders funds: 2,079,802 2,165,806

The notes form part of these financial statements

HAIR TRAFFIC SALONS GROUP LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 January 2025
and signed on behalf of the board by:

Name: Nicole Doherty
Status: Director

The notes form part of these financial statements

HAIR TRAFFIC SALONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAIR TRAFFIC SALONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 0 18

HAIR TRAFFIC SALONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 845,904
Additions 2,011
Disposals (204,121)
At 30 April 2024 643,794
Depreciation
At 01 May 2023 530,804
Charge for year 8,437
On disposals (125,754)
At 30 April 2024 413,487
Net book value
At 30 April 2024 230,307
At 30 April 2023 315,100

HAIR TRAFFIC SALONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Fixed investments

Hair Traffic Salons Group Ltd purchased 100% of the shares in two other companies during the 2020 financial year; Beldon Properties Limited and Deckchair Developments Limited. For the year ended 30 April 2024, as a small company, Hair Traffic Salons Group Ltd was entitled to exemption from the requirement to prepare group accounts under section 399 of the Companies Act 2006.