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
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
Kingsgrove Hair & Beauty Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
6,144
8,192
Cash at bank and in hand
12
-
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)
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
Kingsgrove Hair & Beauty Ltd
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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
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
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
At 31 March 2024
4,239
1,905
6,144
At 31 March 2023
5,652
2,540
8,192
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
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)
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 4 (2023: 2).