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Company Registration No. 09031172 (England and Wales)
Kingsgrove Hair & Beauty Ltd Unaudited accounts for the year ended 31 March 2024
Kingsgrove Hair & Beauty Ltd Unaudited accounts Contents
Page
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Kingsgrove Hair & Beauty Ltd Company Information for the year ended 31 March 2024
Director
Jennifer Thackwray
Company Number
09031172 (England and Wales)
Registered Office
118 KINGS ROAD HARROGATE HG1 5HY ENGLAND
Accountants
MGW Tax Services Ltd 124 City Road London EC1V 2NX
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Kingsgrove Hair & Beauty Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,144 
8,192 
Current assets
Inventories
4,000 
4,000 
Cash at bank and in hand
12 
- 
4,012 
4,000 
Creditors: amounts falling due within one year
14,103 
(6,224)
Net current assets/(liabilities)
18,115 
(2,224)
Total assets less current liabilities
24,259 
5,968 
Creditors: amounts falling due after more than one year
(650)
(750)
Provisions for liabilities
Deferred tax
(2,363)
(2,363)
Net assets
21,246 
2,855 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
21,146 
2,755 
Shareholders' funds
21,246 
2,855 
For the year ending 31 March 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.
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 17 March 2025 and were signed on its behalf by
Jennifer Thackwray Director Company Registration No. 09031172
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Kingsgrove Hair & Beauty Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Kingsgrove Hair & Beauty Ltd is a private company, limited by shares, registered in England and Wales, registration number 09031172. The registered office is 118 KINGS ROAD, HARROGATE, HG1 5HY, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
31,138 
5,450 
36,588 
At 31 March 2024
31,138 
5,450 
36,588 
Depreciation
At 1 April 2023
25,486 
2,910 
28,396 
Charge for the year
1,413 
635 
2,048 
At 31 March 2024
26,899 
3,545 
30,444 
Net book value
At 31 March 2024
4,239 
1,905 
6,144 
At 31 March 2023
5,652 
2,540 
8,192 
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Kingsgrove Hair & Beauty Ltd Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
19,793 
55,890 
VAT
26,372 
49,016 
Trade creditors
3,506 
1,707 
Taxes and social security
7,214 
2,393 
Other creditors
7,836 
9,855 
Loans from directors
(79,474)
(113,387)
Accruals
650 
750 
(14,103)
6,224 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
650 
750 
7
Average number of employees
During the year the average number of employees was 4 (2023: 2).
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