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REGISTERED NUMBER: 05923812 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

COCOON HAIR & BEAUTY LIMITED

COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COCOON HAIR & BEAUTY LIMITED

Company Information
for the year ended 31 December 2024







DIRECTOR: A Lucas





REGISTERED OFFICE: 103 Chiswick High Road
Chiswick
Middlesex
W4 2ED





REGISTERED NUMBER: 05923812 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)

Statement of Financial Position
31 December 2024

31/12/24 31/12/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,038 799

CURRENT ASSETS
Stocks 271 827
Debtors 5 1,300 3,608
Cash at bank and in hand 56,791 64,889
58,362 69,324
CREDITORS
Amounts falling due within one year 6 (12,541 ) (17,985 )
NET CURRENT ASSETS 45,821 51,339
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,859

52,138

PROVISIONS FOR LIABILITIES 7 (387 ) (152 )
NET ASSETS 47,472 51,986

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 47,372 51,886
SHAREHOLDERS' FUNDS 47,472 51,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)

Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 May 2025 and were signed by:





A Lucas - Director


COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Cocoon Hair & Beauty Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of services net of VAT. Turnover is recognised when the services are provided to the customer.

The company also receives revenue in respect of rents received. Rents are recognised up to the year end date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 22,012 1,138 23,150
Additions 1,693 225 1,918
At 31 December 2024 23,705 1,363 25,068
DEPRECIATION
At 1 January 2024 21,291 1,060 22,351
Charge for year 603 76 679
At 31 December 2024 21,894 1,136 23,030
NET BOOK VALUE
At 31 December 2024 1,811 227 2,038
At 31 December 2023 721 78 799

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors - 2,085
Other debtors 1,300 1,523
1,300 3,608

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade creditors 764 534
Taxation and social security 11,771 16,892
Other creditors 6 559
12,541 17,985

7. PROVISIONS FOR LIABILITIES
31/12/24 31/12/23
£    £   
Deferred tax
Accelerated capital allowances 387 152

COCOON HAIR & BEAUTY LIMITED (REGISTERED NUMBER: 05923812)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 152
Provided during year 235
Balance at 31 December 2024 387