Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10757772 Mr Michael Huthart Mrs Helen Huthart iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10757772 2023-05-31 10757772 2024-05-31 10757772 2023-06-01 2024-05-31 10757772 frs-core:CurrentFinancialInstruments 2024-05-31 10757772 frs-core:Non-currentFinancialInstruments 2024-05-31 10757772 frs-core:FurnitureFittings 2024-05-31 10757772 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10757772 frs-core:FurnitureFittings 2023-05-31 10757772 frs-core:ShareCapital 2024-05-31 10757772 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10757772 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10757772 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10757772 frs-bus:SmallEntities 2023-06-01 2024-05-31 10757772 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10757772 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10757772 frs-bus:Director1 2023-06-01 2024-05-31 10757772 frs-bus:Director2 2023-06-01 2024-05-31 10757772 frs-countries:EnglandWales 2023-06-01 2024-05-31 10757772 2022-05-31 10757772 2023-05-31 10757772 2022-06-01 2023-05-31 10757772 frs-core:CurrentFinancialInstruments 2023-05-31 10757772 frs-core:Non-currentFinancialInstruments 2023-05-31 10757772 frs-core:ShareCapital 2023-05-31 10757772 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10757772
Haze Hair & Beauty Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
First Base Accountants
Pavilion 2
Castlecraig Business Park
Stirling
FK7 7SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10757772
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,496 2,234
1,496 2,234
CURRENT ASSETS
Stocks 5 3,623 4,138
Cash at bank and in hand 13,623 11,816
17,246 15,954
Creditors: Amounts Falling Due Within One Year 6 (37,018 ) (35,799 )
NET CURRENT ASSETS (LIABILITIES) (19,772 ) (19,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES (18,276 ) (17,611 )
Creditors: Amounts Falling Due After More Than One Year 7 (9,111 ) (10,445 )
NET LIABILITIES (27,387 ) (28,056 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (27,487 ) (28,156 )
SHAREHOLDERS' FUNDS (27,387) (28,056)
Page 1
Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Huthart
Director
26/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Haze Hair & Beauty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10757772 . The registered office is 150 Holgate Road Holgate Road, York, YO24 4DQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 33% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 5 5
5 5
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 June 2023 11,616
As at 31 May 2024 11,616
Depreciation
As at 1 June 2023 9,382
Provided during the period 738
As at 31 May 2024 10,120
Net Book Value
As at 31 May 2024 1,496
As at 1 June 2023 2,234
5. Stocks
2024 2023
£ £
Materials 3,623 4,138
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,687 3,265
Other taxes and social security 1,645 532
VAT 5,973 5,255
Nest Pensions 316 350
Accruals and deferred income 2,483 2,483
Directors' loan accounts 23,914 23,914
37,018 35,799
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,111 10,445
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5