Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04339758 Mrs Josephine Ojewale iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04339758 2023-12-31 04339758 2024-12-31 04339758 2024-01-01 2024-12-31 04339758 frs-core:CurrentFinancialInstruments 2024-12-31 04339758 frs-core:Non-currentFinancialInstruments 2024-12-31 04339758 frs-core:ComputerEquipment 2024-12-31 04339758 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04339758 frs-core:ComputerEquipment 2023-12-31 04339758 frs-core:FurnitureFittings 2024-12-31 04339758 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04339758 frs-core:FurnitureFittings 2023-12-31 04339758 frs-core:ShareCapital 2024-12-31 04339758 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04339758 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04339758 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04339758 frs-bus:SmallEntities 2024-01-01 2024-12-31 04339758 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04339758 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04339758 frs-bus:Director1 2024-01-01 2024-12-31 04339758 frs-countries:EnglandWales 2024-01-01 2024-12-31 04339758 2022-12-31 04339758 2023-12-31 04339758 2023-01-01 2023-12-31 04339758 frs-core:CurrentFinancialInstruments 2023-12-31 04339758 frs-core:Non-currentFinancialInstruments 2023-12-31 04339758 frs-core:ShareCapital 2023-12-31 04339758 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04339758
Hair Control Limited
Financial Statements
For The Year Ended 31 December 2024
Samuelsons & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04339758
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,670 479
2,670 479
CURRENT ASSETS
Stocks 5 550 1,250
Debtors 6 5,003 8,628
Cash at bank and in hand 10,856 10,818
16,409 20,696
Creditors: Amounts Falling Due Within One Year 7 (11,559 ) (11,403 )
NET CURRENT ASSETS (LIABILITIES) 4,850 9,293
TOTAL ASSETS LESS CURRENT LIABILITIES 7,520 9,772
Creditors: Amounts Falling Due After More Than One Year 8 (4,584 ) (7,599 )
NET ASSETS 2,936 2,173
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 2,836 2,073
SHAREHOLDERS' FUNDS 2,936 2,173
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Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Josephine Ojewale
Director
07/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Hair Control Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04339758 . The registered office is 78 Craven Park Road, Harlesden, London, NW10 4AE.
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. 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 the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.4. 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 9,634 1,064 10,698
Additions - 2,311 2,311
As at 31 December 2024 9,634 3,375 13,009
Depreciation
As at 1 January 2024 9,153 1,066 10,219
Provided during the period 120 - 120
As at 31 December 2024 9,273 1,066 10,339
Net Book Value
As at 31 December 2024 361 2,309 2,670
As at 1 January 2024 481 (2 ) 479
5. Stocks
2024 2023
£ £
Stock 550 1,250
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 3,625
Amounts owed by group undertakings 5,003 5,003
5,003 8,628
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 239 -
Accruals and deferred income 2,100 600
Director's loan account 9,220 10,803
11,559 11,403
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,584 7,599
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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