HOBO HAIR DESIGN LTD

Company Registration Number:
11979805 (England and Wales)

Unaudited statutory accounts for the year ended 30 May 2024

Period of accounts

Start date: 1 June 2023

End date: 30 May 2024

HOBO HAIR DESIGN LTD

Contents of the Financial Statements

for the Period Ended 30 May 2024

Balance sheet
Additional notes
Balance sheet notes

HOBO HAIR DESIGN LTD

Balance sheet

As at 30 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 68,987 0
Total fixed assets: 68,987 0
Current assets
Stocks: 4 1,400 0
Debtors: 5 0 25,572
Cash at bank and in hand: 2,000 4,890
Total current assets: 3,400 30,462
Creditors: amounts falling due within one year: 6 ( 69,559 ) ( 21,529 )
Net current assets (liabilities): (66,159) 8,933
Total assets less current liabilities: 2,828 8,933
Creditors: amounts falling due after more than one year: 7 ( 3,001 ) ( 9,001 )
Total net assets (liabilities): (173) (68)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (174 ) (69 )
Total Shareholders' funds: ( 173 ) (68)

The notes form part of these financial statements

HOBO HAIR DESIGN LTD

Balance sheet statements

For the year ending 30 May 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.

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

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

This report was approved by the board of directors on 4 February 2025
and signed on behalf of the board by:

Name: Ms L J Allen
Status: Director

The notes form part of these financial statements

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 6

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 0 119 1,035 0 1,154
Additions 55,624 2,500 10,863 0 0 68,987
Disposals
Revaluations
Transfers
At 30 May 2024 55,624 2,500 10,982 1,035 0 70,141
Depreciation
At 1 June 2023 0 0 119 1,035 1,154
Charge for year
On disposals
Other adjustments
At 30 May 2024 0 0 119 1,035 1,154
Net book value
At 30 May 2024 55,624 2,500 10,863 0 0 68,987
At 31 May 2023 0 0 0 0 0 0

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

4. Stocks

2024 2023
£ £
Stocks 1,400 0
Total 1,400 0

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

5. Debtors

2024 2023
£ £
Other debtors 0 25,572
Total 0 25,572

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,000 0
Taxation and social security 8,385 20,196
Accruals and deferred income 7,162 1,224
Other creditors 51,012 109
Total 69,559 21,529

HOBO HAIR DESIGN LTD

Notes to the Financial Statements

for the Period Ended 30 May 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 3,001 9,001
Total 3,001 9,001