Company Registration No. 12700781 (England and Wales)
HAIROLOGY TRAINING ACADEMY LIMITED
Unaudited accounts
for the year ended 30 June 2024
HAIROLOGY TRAINING ACADEMY LIMITED
Unaudited accounts
Contents
HAIROLOGY TRAINING ACADEMY LIMITED
Company Information
for the year ended 30 June 2024
Company Number
12700781 (England and Wales)
Registered Office
544 CHORLEY OLD ROAD
BOLTON
BL1 6AB
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
HAIROLOGY TRAINING ACADEMY LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
9,806
9,897
Cash at bank and in hand
(12,773)
14,665
Creditors: amounts falling due within one year
(49,161)
(31,441)
Net current assets
12,611
25,227
Total assets less current liabilities
22,417
35,124
Provisions for liabilities
Deferred tax
(1,864)
(1,782)
Called up share capital
1
1
Profit and loss account
20,552
33,341
Shareholders' funds
20,553
33,342
For the year ending 30 June 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 21 March 2025 and were signed on its behalf by
Danielle Marsden
Director
Company Registration No. 12700781
HAIROLOGY TRAINING ACADEMY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
HAIROLOGY TRAINING ACADEMY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12700781. The registered office is 544 CHORLEY OLD ROAD, BOLTON, BL1 6AB, 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.
These financial statements for the year ended 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
15% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Total
HAIROLOGY TRAINING ACADEMY LIMITED
Notes to the Accounts
for the year ended 30 June 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 6 (2023: 5).