7 7 Trilogy Hair Limited 6479550 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is Hairdressing Salon Digita Accounts Production Advanced 6.30.9574.0 true 6479550 2024-02-01 2025-01-31 6479550 2025-01-31 6479550 bus:Director1 1 2025-01-31 6479550 bus:Director1 2 2025-01-31 6479550 bus:Director2 1 2025-01-31 6479550 bus:Director2 2 2025-01-31 6479550 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 6479550 bus:Micro-entities 2024-02-01 2025-01-31 6479550 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 6479550 bus:FilletedAccounts 2024-02-01 2025-01-31 6479550 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 6479550 bus:RegisteredOffice 2024-02-01 2025-01-31 6479550 bus:Director1 2024-02-01 2025-01-31 6479550 bus:Director1 1 2024-02-01 2025-01-31 6479550 bus:Director1 2 2024-02-01 2025-01-31 6479550 bus:Director2 2024-02-01 2025-01-31 6479550 bus:Director2 1 2024-02-01 2025-01-31 6479550 bus:Director2 2 2024-02-01 2025-01-31 6479550 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 6479550 countries:England 2024-02-01 2025-01-31 6479550 bus:Director1 1 2024-01-31 6479550 bus:Director1 2 2024-01-31 6479550 bus:Director2 1 2024-01-31 6479550 bus:Director2 2 2024-01-31 6479550 2023-02-01 2024-01-31 6479550 2024-01-31 6479550 bus:Director1 1 2024-01-31 6479550 bus:Director1 2 2024-01-31 6479550 bus:Director2 1 2024-01-31 6479550 bus:Director2 2 2024-01-31 6479550 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 6479550 bus:Director1 1 2023-02-01 2024-01-31 6479550 bus:Director1 2 2023-02-01 2024-01-31 6479550 bus:Director2 1 2023-02-01 2024-01-31 6479550 bus:Director2 2 2023-02-01 2024-01-31 6479550 bus:Director1 1 2023-01-31 6479550 bus:Director1 2 2023-01-31 6479550 bus:Director2 1 2023-01-31 6479550 bus:Director2 2 2023-01-31 xbrli:pure iso4217:GBP

Registration number: 6479550

Trilogy Hair Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

Trilogy Hair Limited

(Registration number: 6479550)
Balance Sheet as at 31 January 2025

2025
£

2024
£

Fixed assets

4,443

5,228

Current assets

34,482

35,194

Prepayments and accrued income

3,704

3,629

Creditors: Amounts falling due within one year

(32,403)

(34,788)

Net current assets

5,783

4,035

Total assets less current liabilities

10,226

9,263

Accruals and deferred income

(6,107)

(4,886)

 

4,119

4,377

Capital and reserves

4,119

4,377

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
13 Coleshill Street
Sutton Coldfield
West Midlands
B72 1SD
England

These financial statements were authorised for issue by the Board on 25 February 2025.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 7).

3

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £16,500 (2024 - £16,500). The company rents its reading premises. The risks and benefits of this operating lease relationship are typical of this type of arrangement.

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £9,939 (2024 - £16,631). The company has a bank loan with a government-backed guarantee, under the Coronavirus Bounce Back Loan Scheme. Interest is charged at a rate of 2.5%.

 

Trilogy Hair Limited

(Registration number: 6479550)
Balance Sheet as at 31 January 2025

4

Related party transactions

Transactions with directors

2025

At 1 February 2024
£

Repayments by director
£

At 31 January 2025
£

Alexa Lees

During the year the company made a loan to the director. The loan is repayable upon demand. Interest is charged on the loan in accordance with HMRC's guidance on beneficial loans.

4,550

(2,251)

2,299

-

-

-

4,550

(2,251)

2,299

Gillian Lockley

During the year the company made a loan to the director. The loan is repayable upon demand. Interest is charged on the loan in accordance with HMRC's guidance on beneficial loans.

4,084

(3,620)

463

-

-

-

4,084

(3,620)

463

2024

At 1 February 2023
£

Repayments by director
£

At 31 January 2024
£

Alexa Lees

During the year the company made a loan to the director. The loan is repayable upon demand. Interest is charged on the loan in accordance with HMRC's guidance on beneficial loans.

4,647

(96)

4,550

-

-

-

4,647

(96)

4,550

Gillian Lockley

During the year the company made a loan to the director. The loan is repayable upon demand. Interest is charged on the loan in accordance with HMRC's guidance on beneficial loans.

4,421

(337)

4,084

-

-

-

4,421

(337)

4,084

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Trilogy Hair Limited

(Registration number: 6479550)
Balance Sheet as at 31 January 2025

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 February 2025 and signed on its behalf by:
 

.........................................
Alexa Lees
Director

.........................................
Gillian Lockley
Director