Acorah Software Products - Accounts Production 16.2.800 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 SC639284 Mr Gary McKerracher Miss Maryanne O'Neill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC639284 2023-08-31 SC639284 2024-08-31 SC639284 2023-09-01 2024-08-31 SC639284 frs-core:CurrentFinancialInstruments 2024-08-31 SC639284 frs-core:Non-currentFinancialInstruments 2024-08-31 SC639284 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 SC639284 frs-core:OtherResidualIntangibleAssets 2024-08-31 SC639284 frs-core:OtherResidualIntangibleAssets 2023-08-31 SC639284 frs-core:ShareCapital 2024-08-31 SC639284 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC639284 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC639284 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 SC639284 frs-bus:SmallEntities 2023-09-01 2024-08-31 SC639284 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC639284 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC639284 frs-bus:Director1 2023-09-01 2024-08-31 SC639284 frs-bus:Director2 2023-09-01 2024-08-31 SC639284 frs-countries:Scotland 2023-09-01 2024-08-31 SC639284 2022-08-31 SC639284 2023-08-31 SC639284 2022-09-01 2023-08-31 SC639284 frs-core:CurrentFinancialInstruments 2023-08-31 SC639284 frs-core:Non-currentFinancialInstruments 2023-08-31 SC639284 frs-core:ShareCapital 2023-08-31 SC639284 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: SC639284
Xoxo Hair & Makeup Ltd
Financial Statements
For The Year Ended 31 August 2024
KENNETH PHILLIPS & CO
24 Spiers Wharf
GLASGOW
G4 9TB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC639284
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 17,917 17,917
17,917 17,917
CURRENT ASSETS
Debtors 5 6,785 14,777
Cash at bank and in hand 13,314 1,387
20,099 16,164
Creditors: Amounts Falling Due Within One Year 6 (19,872 ) (6,214 )
NET CURRENT ASSETS (LIABILITIES) 227 9,950
TOTAL ASSETS LESS CURRENT LIABILITIES 18,144 27,867
Creditors: Amounts Falling Due After More Than One Year 7 (30,239 ) (32,801 )
NET LIABILITIES (12,095 ) (4,934 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (12,195 ) (5,034 )
SHAREHOLDERS' FUNDS (12,095) (4,934)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Miss Maryanne O'Neill
Director
29th May 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Xoxo Hair & Makeup Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC639284 . The registered office is 500 Dunbarton Road Dumbarton Road, Glasgow, G11 6SL.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 2)
4 2
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 17,917
As at 31 August 2024 17,917
Net Book Value
As at 31 August 2024 17,917
As at 1 September 2023 17,917
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,785 -
Directors' loan accounts - 14,777
6,785 14,777
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Bank loans and overdrafts 62 -
Corporation tax 7,445 2,610
Other taxes and social security 2,934 1,683
Accruals and deferred income 960 960
Amounts owed to related parties 8,470 960
19,872 6,214
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 30,239 32,801
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3