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Company Registration No. 05265670 (England and Wales)
House of Hair & Beauty Ltd Unaudited accounts for the year ended 31 October 2024
House of Hair & Beauty Ltd Unaudited accounts Contents
Page
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House of Hair & Beauty Ltd Company Information for the year ended 31 October 2024
Director
H Wright
Company Number
05265670 (England and Wales)
Registered Office
172a Epsom Road Guildford GU1 2RR England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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House of Hair & Beauty Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
713 
950 
Current assets
Inventories
3,950 
3,950 
Cash at bank and in hand
2,298 
1,529 
6,248 
5,479 
Creditors: amounts falling due within one year
(18,669)
(14,542)
Net current liabilities
(12,421)
(9,063)
Net liabilities
(11,708)
(8,113)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(11,709)
(8,114)
Shareholders' funds
(11,708)
(8,113)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 18 December 2024 and were signed on its behalf by
H Wright Director Company Registration No. 05265670
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House of Hair & Beauty Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
House of Hair & Beauty Ltd is a private company, limited by shares, registered in England and Wales, registration number 05265670. The registered office is 172a Epsom Road, Guildford, GU1 2RR, England.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2023
1,848 
At 31 October 2024
1,848 
Depreciation
At 1 November 2023
898 
Charge for the year
237 
At 31 October 2024
1,135 
Net book value
At 31 October 2024
713 
At 31 October 2023
950 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
18,669 
14,542 
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House of Hair & Beauty Ltd Notes to the Accounts for the year ended 31 October 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
H Wright
Director Loan
(14,542)
(10,575)
(6,448)
(18,669)
(14,542)
(10,575)
(6,448)
(18,669)
8
Average number of employees
During the year the average number of employees was 1 (2023: 3).
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