Company Registration No. 00555195 (England and Wales)
Raoul(hairdressers)limited
Unaudited accounts
for the year ended 30 September 2024
Raoul(hairdressers)limited
Unaudited accounts
Contents
Raoul(hairdressers)limited
Company Information
for the year ended 30 September 2024
Company Number
00555195 (England and Wales)
Registered Office
Raoul Ltd
34 Craven Road
London
London
W2 3QA
England
Accountants
A D Pottie & Co Ltd
Denmark House, 143 High St,
Chalfont St Peter,
Gerrards Cross
Buckinghamshire
SL9 9QL
Raoul(hairdressers)limited
Statement of financial position
as at 30 September 2024
Tangible assets
3,765
3,319
Inventories
186,316
196,794
Cash at bank and in hand
36,651
126,008
Creditors: amounts falling due within one year
(46,548)
(59,686)
Net current assets
585,093
631,968
Net assets
588,858
635,287
Called up share capital
1,000
1,000
Profit and loss account
587,858
634,287
Shareholders' funds
588,858
635,287
For the year ending 30 September 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 May 2025 and were signed on its behalf by
Caroline Shallow
Director
Company Registration No. 00555195
Raoul(hairdressers)limited
Notes to the Accounts
for the year ended 30 September 2024
Raoul(hairdressers)limited is a private company, limited by shares, registered in England and Wales, registration number 00555195. The registered office is Raoul Ltd, 34 Craven Road, London, London, W2 3QA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% per annum of leasehold cost
Fixtures & fittings
20% per annum reducing balance
Computer equipment
25% per annum of cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Raoul(hairdressers)limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
37,802
31,108
17,979
86,889
At 30 September 2024
37,802
31,108
19,306
88,216
At 1 October 2023
37,801
28,089
17,680
83,570
Charge for the year
1
603
277
881
At 30 September 2024
37,802
28,692
17,957
84,451
At 30 September 2024
-
2,416
1,349
3,765
At 30 September 2023
1
3,019
299
3,319
Amounts falling due within one year
Trade debtors
50,231
42,329
Accrued income and prepayments
10,012
9,498
Amounts falling due after more than one year
Amounts due from group undertakings etc.
346,378
316,278
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
21,266
19,406
Taxes and social security
17,668
33,044
Other creditors
4,165
4,523
Loans from directors
-
1,113
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
At 30 September 2024 the director owed £2,052 to the company (2023 the company owed the director £1,113).
Raoul(hairdressers)limited
Notes to the Accounts
for the year ended 30 September 2024
9
Transactions with related parties
At 30 September 2024 the company is owed £346,378 by Raoul Enterprise London Limited; the ultimate parent company.
10
Average number of employees
During the year the average number of employees was 10 (2023: 9).