Acorah Software Products - Accounts Production 16.2.850 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04798813 Mrs Nicola Morra Mrs Sophie Cartledge Mrs Nicola Morra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04798813 2023-07-31 04798813 2024-07-31 04798813 2023-08-01 2024-07-31 04798813 frs-core:CurrentFinancialInstruments 2024-07-31 04798813 frs-core:Non-currentFinancialInstruments 2024-07-31 04798813 frs-core:ComputerEquipment 2024-07-31 04798813 frs-core:ComputerEquipment 2023-08-01 2024-07-31 04798813 frs-core:ComputerEquipment 2023-07-31 04798813 frs-core:FurnitureFittings 2024-07-31 04798813 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04798813 frs-core:FurnitureFittings 2023-07-31 04798813 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 04798813 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 04798813 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 04798813 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 04798813 frs-core:PlantMachinery 2024-07-31 04798813 frs-core:PlantMachinery 2023-08-01 2024-07-31 04798813 frs-core:PlantMachinery 2023-07-31 04798813 frs-core:ShareCapital 2024-07-31 04798813 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04798813 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04798813 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 04798813 frs-bus:SmallEntities 2023-08-01 2024-07-31 04798813 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04798813 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04798813 frs-bus:Director1 2023-08-01 2024-07-31 04798813 frs-bus:Director2 2023-08-01 2024-07-31 04798813 frs-bus:Director3 2023-08-01 2024-07-31 04798813 frs-countries:EnglandWales 2023-08-01 2024-07-31 04798813 2022-07-31 04798813 2023-07-31 04798813 2022-08-01 2023-07-31 04798813 frs-core:CurrentFinancialInstruments 2023-07-31 04798813 frs-core:Non-currentFinancialInstruments 2023-07-31 04798813 frs-core:ShareCapital 2023-07-31 04798813 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04798813
Langtons Hairdressing Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
CSM Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04798813
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,011 58,708
53,011 58,708
CURRENT ASSETS
Stocks 5 15,802 20,065
Debtors 6 2,500 1,183
Cash at bank and in hand 30,865 40,475
49,167 61,723
Creditors: Amounts Falling Due Within One Year 7 (58,719 ) (87,884 )
NET CURRENT ASSETS (LIABILITIES) (9,552 ) (26,161 )
TOTAL ASSETS LESS CURRENT LIABILITIES 43,459 32,547
Creditors: Amounts Falling Due After More Than One Year 8 (8,351 ) -
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,600 ) -
NET ASSETS 32,508 32,547
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 32,408 32,447
SHAREHOLDERS' FUNDS 32,508 32,547
Page 1
Page 2
For the year ending 31 July 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 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
Mrs Nicola Morra
Director
Mrs Sophie Cartledge
Director
29/04/2025
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
Langtons Hairdressing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04798813 . The registered office is 12 Fisher Street, Lewes, BN7 2DG.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 hairdressing and the sale of related goods. 
2.4. 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 bases:
Freehold 10% reducing balance
Leasehold 10% reducing balance
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 19)
16 19
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 171,483 16,441 95,640 13,741 297,305
Additions - 1,660 512 - 2,172
As at 31 July 2024 171,483 18,101 96,152 13,741 299,477
Depreciation
As at 1 August 2023 123,578 14,662 87,963 12,394 238,597
Provided during the period 4,791 694 2,047 337 7,869
As at 31 July 2024 128,369 15,356 90,010 12,731 246,466
Net Book Value
As at 31 July 2024 43,114 2,745 6,142 1,010 53,011
As at 1 August 2023 47,905 1,779 7,677 1,347 58,708
5. Stocks
2024 2023
£ £
Stock 15,802 20,065
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,183
Other debtors 2,500 -
2,500 1,183
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,437 5,326
Bank loans and overdrafts 10,200 27,611
Other creditors 2,105 6,140
Taxation and social security 33,977 48,807
58,719 87,884
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,351 -
Page 4