Registered number
12129899
GENIUS BARBERS LIMITED
Accounts
31 July 2024
Registered number
12129899
GENIUS BARBERS LIMITED
Filleted Accounts
31 July 2024
GENIUS BARBERS LIMITED
Profit and Loss Account
for the year ended 31 July 2024
2024 2023
£ £
Turnover 46,182 66,972
Cost of raw materials and consumables (3,991) (3,839)
Gross profit 42,191 63,133
Staff costs (27,123) (39,923)
Depreciation and other amounts written off assets (2,400) (1,309)
Other charges (15,958) (16,501)
(Loss)/profit before taxation (3,290) 5,400
Tax - (945)
(Loss)/profit (3,290) 4,455
GENIUS BARBERS LIMITED
Registered number: 12129899
Balance Sheet
as at 31 July 2024
2024 2023
£ £
Fixed assets 7,419 7,419
Current assets 810 740
Creditors: amounts falling due within one year (3,214) 146
Net current (liabilities)/assets (2,404) 886
Total assets less current liabilities 5,015 8,305
Accruals and deferred income (650) (650)
Net assets 4,365 7,655
Capital and reserves 4,365 7,655
Number Number
Average number of employees 4 4
The company is a private company limited by shares and incorporated in England. Its registered office is 208 Riundhay Road, Leeds, LS8 5AA.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Saman Ahmed
Director
Approved by the board on 13 March 2025
GENIUS BARBERS LIMITED
Detailed profit and loss account items
for the year ended 31 July 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales
Sales 46,182 66,972
Cost of raw materials and consumables
Purchases 4,041 3,889
Increase in stocks (50) (50)
3,991 3,839
Staff costs
Wages and salaries 22,323 32,723
Directors' salaries 4,800 7,200
27,123 39,923
Depreciation and other amounts written off assets
Depreciation 2,400 1,309
Other charges
Premises costs:
Rent 7,020 7,020
Rates 655 979
Light and heat 6,354 6,457
Cleaning 261 364
14,290 14,820
General administrative expenses:
Telephone and internet 446 421
Stationery and printing 68 81
Insurance 315 288
829 790
Legal and professional costs:
Accountancy fees 650 650
Advertising and PR 189 241
839 891
15,958 16,501
GENIUS BARBERS LIMITED
Detailed balance sheet items
as at 31 July 2024
This schedule does not form part of the statutory accounts and should NOT be sent to HMRC
2024 2023
£ £
Fixed assets
Plant and machinery etc 7,419 7,419
Current assets
Stocks 450 400
Cash at bank and in hand 360 340
810 740
Creditors: amounts falling due within one year
Trade creditors - 6,548
Corporation tax - 945
Other taxes and social security costs - 176
Other creditors 3,214 (7,815)
3,214 (146)
Accruals and deferred income
Accruals 650 650
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,265 7,555
4,365 7,655
Profit and loss account
Brought forward 7,555 3,100
(Loss)/profit (3,290) 4,455
4,265 7,555
GENIUS BARBERS LIMITED 12129899 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts July 2024 Saman Ahmed No description of principal activity 12129899 2022-08-01 2023-07-31 12129899 core:WithinOneYear 2023-07-31 12129899 2023-08-01 2024-07-31 12129899 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12129899 bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12129899 countries:England 2023-08-01 2024-07-31 12129899 bus:Director40 2023-08-01 2024-07-31 12129899 bus:Micro-entities 2023-08-01 2024-07-31 12129899 bus:FilletedAccounts 2023-08-01 2024-07-31 12129899 2024-07-31 12129899 core:WithinOneYear 2024-07-31 12129899 2023-07-31 iso4217:GBP xbrli:pure