Registered number
05028303
Hairs N Graces Limited
Filleted Accounts
31 March 2025
Hairs N Graces Limited
Company Information
Director
Mrs A K Leccacorvi-Barnes
Accountants
Anderson Griffin
Rotunda Buildings
Montpellier Exchange
Cheltenham
Glos
Registered office
2 The Parade
Nine Elms Road
Longlevens
Glos
Registered number
05028303
Hairs N Graces Limited
Registered number: 05028303
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Cash at bank and in hand 2,241 2,221
Creditors: amounts falling due within one year 3 (1,839) (1,555)
Net current assets 402 666
Total assets less current liabilities 402 666
Creditors: amounts falling due after more than one year 4 (4,685) -
Net (liabilities)/assets (4,283) 666
Capital and reserves
Called up share capital 1 1
Share premium 285 285
Profit and loss account (4,569) 380
Shareholder's funds (4,283) 666
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs A K Leccacorvi-Barnes
Director
Approved by the board on 31 May 2025
Hairs N Graces Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 4
3 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs - 415
Other creditors 1,839 1,140
1,839 1,555
4 Creditors: amounts falling due after one year 2025 2024
£ £
Directors loan 4,685 -
5 Controlling party
The company is controlled by the director.
6 Other information
Hairs N Graces Limited is a private company limited by shares and incorporated in England. Its registered office is:
2 The Parade
Nine Elms Road
Longlevens
Glos
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