Company Registration No. 15301387 (England and Wales)
Popular Hair Studio Ltd
Unaudited accounts
for the period from 21 November 2023 to 30 November 2024
Popular Hair Studio Ltd
Unaudited accounts
Contents
Popular Hair Studio Ltd
Company Information
for the period from 21 November 2023 to 30 November 2024
Directors
Serap DOLDUR
Ilker MUTLUAY
Company Number
15301387 (England and Wales)
Registered Office
18 Brook Parade
High Road
Chigwell
Essex
IG7 6PF
England
Accountants
DNG Associates
214 Baker Street
Enfield
EN1 3JY
Popular Hair Studio Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
554
Creditors: amounts falling due within one year
(36,263)
Net current liabilities
(30,709)
Called up share capital
100
Profit and loss account
5,584
For the period ending 30 November 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 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 of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by
Ilker MUTLUAY
Director
Company Registration No. 15301387
Popular Hair Studio Ltd
Notes to the Accounts
for the period from 21 November 2023 to 30 November 2024
Popular Hair Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 15301387. The registered office is 18 Brook Parade, High Road, Chigwell, Essex, IG7 6PF, England.
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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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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:
Fixtures & fittings
18% - reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 30 November 2024
25,000
At 30 November 2024
25,000
Popular Hair Studio Ltd
Notes to the Accounts
for the period from 21 November 2023 to 30 November 2024
5
Tangible fixed assets
Fixtures & fittings
At 30 November 2024
13,894
Charge for the period
2,501
At 30 November 2024
11,393
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
Taxes and social security
1,109
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
9
Transactions with related parties
Included within other creditors is an amount of £34,249 due to the directors of the company. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the period the average number of employees was 1.