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REGISTERED NUMBER: 03665417 (England and Wales)















Financial Statements for the Year Ended 30 November 2024

for

Peterborough Hair Salon Limited

Peterborough Hair Salon Limited (Registered number: 03665417)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

Peterborough Hair Salon Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mrs Lesley Hirniak
Mrs Angela June Simpson





REGISTERED OFFICE: 120 South Street
Stanground
Peterborough
PE2 8EZ





REGISTERED NUMBER: 03665417 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

Peterborough Hair Salon Limited (Registered number: 03665417)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 30,000
Property, plant and equipment 5 5,664 7,146
35,664 37,146

CURRENT ASSETS
Inventories 6 14,480 12,450
Debtors 7 2,556 1,416
Cash at bank and in hand 3,717 3,631
20,753 17,497
CREDITORS
Amounts falling due within one year 8 48,647 44,654
NET CURRENT LIABILITIES (27,894 ) (27,157 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,770

9,989

CREDITORS
Amounts falling due after more than
one year

9

5,001

7,961
NET ASSETS 2,769 2,028

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 2,767 2,026
SHAREHOLDERS' FUNDS 2,769 2,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Peterborough Hair Salon Limited (Registered number: 03665417)

Statement of Financial Position - continued
30 November 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 Board of Directors and authorised for issue on 10 June 2025 and were signed on its behalf by:





Mrs Lesley Hirniak - Director


Peterborough Hair Salon Limited (Registered number: 03665417)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Peterborough Hair Salon 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.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 40% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Peterborough Hair Salon Limited (Registered number: 03665417)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 30,000
NET BOOK VALUE
At 30 November 2024 30,000
At 30 November 2023 30,000

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 1,062 24,826 1,620 27,508
DEPRECIATION
At 1 December 2023 549 18,458 1,355 20,362
Charge for year 103 1,273 106 1,482
At 30 November 2024 652 19,731 1,461 21,844
NET BOOK VALUE
At 30 November 2024 410 5,095 159 5,664
At 30 November 2023 513 6,368 265 7,146

6. INVENTORIES
30.11.24 30.11.23
£    £   
Stocks 14,480 12,450

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 2,556 1,416

Peterborough Hair Salon Limited (Registered number: 03665417)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Pension - 73
Directors' current account 48,647 44,581
48,647 44,654

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Bank Loan - 1-2 year 5,001 7,961

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
2 Ordinary 1 2 2

11. RESERVES
Retained
earnings
£   

At 1 December 2023 2,026
Profit for the year 741
At 30 November 2024 2,767

Peterborough Hair Salon Limited

Report of the Accountants to the Directors of
Peterborough Hair Salon Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 November 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................