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Company Registration No. 05789164 (England and Wales)
XTG Hairdressing Limited Unaudited accounts for the year ended 30 April 2024
XTG Hairdressing Limited Unaudited accounts Contents
Page
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XTG Hairdressing Limited Company Information for the year ended 30 April 2024
Directors
S Bullas S Hallas
Company Number
05789164 (England and Wales)
Registered Office
South Cottage Wood Langham MARKET RASEN Lincolnshire LN8 3QR United Kingdom
Accountants
qbx- the quickbooks accountants South Cottage Wood Langham Market Rasen Lincolnshire LN8 3QR
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XTG Hairdressing Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,051 
14,818 
Current assets
Inventories
1,600 
1,600 
Debtors
10,306 
11,370 
Cash at bank and in hand
1,925 
1,343 
13,831 
14,313 
Creditors: amounts falling due within one year
(44,224)
(45,341)
Net current liabilities
(30,393)
(31,028)
Total assets less current liabilities
(19,342)
(16,210)
Creditors: amounts falling due after more than one year
(6,053)
(8,650)
Provisions for liabilities
Deferred tax
(434)
(596)
Net liabilities
(25,829)
(25,456)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(25,832)
(25,459)
Shareholders' funds
(25,829)
(25,456)
For the year ending 30 April 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 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 of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by
S Hallas Director Company Registration No. 05789164
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XTG Hairdressing Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
XTG Hairdressing Limited is a private company, limited by shares, registered in England and Wales, registration number 05789164. The registered office is South Cottage, Wood Langham, MARKET RASEN, Lincolnshire, LN8 3QR, United Kingdom.
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.
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:
Land & buildings
20% per annum on cost
Fixtures & fittings
25% per annum on net book value
Computer equipment
33% per annum on net book value
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.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
14,601 
22,094 
14,410 
51,105 
At 30 April 2024
14,601 
22,094 
14,410 
51,105 
Depreciation
At 1 May 2023
2,920 
19,672 
13,695 
36,287 
Charge for the year
2,920 
606 
241 
3,767 
At 30 April 2024
5,840 
20,278 
13,936 
40,054 
Net book value
At 30 April 2024
8,761 
1,816 
474 
11,051 
At 30 April 2023
11,681 
2,422 
715 
14,818 
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XTG Hairdressing Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,064 
Other debtors
10,306 
10,306 
10,306 
11,370 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,391 
4,591 
Other creditors
16,610 
16,610 
Loans from directors
18,761 
19,674 
Accruals
5,462 
4,466 
44,224 
45,341 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,053 
8,650 
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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