Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 13155050 Miss HAYLEY EXCELL Mr BENJAMIN WILLIAMSON iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13155050 2024-01-31 13155050 2025-01-31 13155050 2024-02-01 2025-01-31 13155050 frs-core:CurrentFinancialInstruments 2025-01-31 13155050 frs-core:Non-currentFinancialInstruments 2025-01-31 13155050 frs-core:FurnitureFittings 2025-01-31 13155050 frs-core:FurnitureFittings 2024-02-01 2025-01-31 13155050 frs-core:FurnitureFittings 2024-01-31 13155050 frs-core:MotorVehicles 2025-01-31 13155050 frs-core:MotorVehicles 2024-02-01 2025-01-31 13155050 frs-core:MotorVehicles 2024-01-31 13155050 frs-core:ShareCapital 2025-01-31 13155050 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 13155050 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13155050 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 13155050 frs-bus:SmallEntities 2024-02-01 2025-01-31 13155050 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13155050 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 13155050 frs-bus:Director1 2024-02-01 2025-01-31 13155050 frs-bus:Director2 2024-02-01 2025-01-31 13155050 frs-countries:EnglandWales 2024-02-01 2025-01-31 13155050 2023-01-31 13155050 2024-01-31 13155050 2023-02-01 2024-01-31 13155050 frs-core:CurrentFinancialInstruments 2024-01-31 13155050 frs-core:Non-currentFinancialInstruments 2024-01-31 13155050 frs-core:ShareCapital 2024-01-31 13155050 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 13155050
ONE SEVEN FOUR HAIR & BEAUTY LTD
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13155050
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,628 3,111
9,628 3,111
CURRENT ASSETS
Stocks 5 5,692 4,733
Debtors 6 10,445 11,061
Cash at bank and in hand 63,217 37,082
79,354 52,876
Creditors: Amounts Falling Due Within One Year 7 (18,958 ) (18,206 )
NET CURRENT ASSETS (LIABILITIES) 60,396 34,670
TOTAL ASSETS LESS CURRENT LIABILITIES 70,024 37,781
Creditors: Amounts Falling Due After More Than One Year 8 (2,100 ) (3,785 )
NET ASSETS 67,924 33,996
CAPITAL AND RESERVES
Called up share capital 9 4 4
Profit and Loss Account 67,920 33,992
SHAREHOLDERS' FUNDS 67,924 33,996
Page 1
Page 2
For the year ending 31 January 2025 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
Miss HAYLEY EXCELL
Director
5th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
One Seven Four Hair & Beauty Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13155050 . The registered office is 174 High Street, Tonbridge, TN12 1AF.
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.
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 basis:
Motor Vehicles 20% straight line basis
Fixtures & Fittings 20% straight line basis
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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit may differ from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Current tax for the year is recognised in the profit and loss account.
3. Average Number of Employees
The average number of employees, including directors, during the year was 4 (2024: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2024 - 7,417 7,417
Additions 8,000 - 8,000
As at 31 January 2025 8,000 7,417 15,417
Depreciation
As at 1 February 2024 - 4,306 4,306
Provided during the period - 1,483 1,483
As at 31 January 2025 - 5,789 5,789
Net Book Value
As at 31 January 2025 8,000 1,628 9,628
As at 1 February 2024 - 3,111 3,111
Page 3
Page 4
5. Stocks
2025 2024
£ £
Materials 5,692 4,733
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,095 1,351
Prepayments and accrued income 2,750 3,110
Other debtors 6,600 6,600
10,445 11,061
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5 -
Corporation tax 6,461 4,648
Other taxes and social security 542 1,793
VAT 6,722 7,367
Other creditors 373 386
Accruals and deferred income 4,855 4,012
18,958 18,206
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,100 3,785
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
Page 4