Registered number
11221008
JAMES MURPHY MENS HAIR LTD
Filleted Accounts
31 March 2025
JAMES MURPHY MENS HAIR LTD
Registered number: 11221008
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 950 1,266
Current assets
Debtors 4 3,744 6,575
Cash at bank and in hand 2,905 1,403
6,649 7,978
Creditors: amounts falling due within one year 5 (4,640) (5,393)
Net current assets 2,009 2,585
Total assets less current liabilities 2,959 3,851
Creditors: amounts falling due after more than one year 6 (2,758) (3,713)
Net assets 201 138
Capital and reserves
Called up share capital 1 1
Profit and loss account 200 137
Shareholder's funds 201 138
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.
J J Murphy
Director
Approved by the board on 14 May 2025
JAMES MURPHY MENS HAIR LTD
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 represents 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.
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.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 1,582
At 31 March 2025 1,582
Depreciation
At 1 April 2024 316
Charge for the year 316
At 31 March 2025 632
Net book value
At 31 March 2025 950
At 31 March 2024 1,266
4 Debtors 2025 2024
£ £
Other debtors 3,744 6,575
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 1,008 1,008
Taxation and social security costs 3,632 4,385
4,640 5,393
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 2,758 3,713
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
J J Murphy
Loan account 2024 - 4,688 (4,688) -
Loan account 2025 - 1,858 1,858
- 6,546 (4,688) 1,858
8 Other information
JAMES MURPHY MENS HAIR LTD is a private company limited by shares and incorporated in England. Its registered office is:
5A Church Road South
Woolton Village
Liverpool
L25 7RJ
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