IRIS Accounts Production v25.1.4.42 10973108 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109731082023-09-30109731082024-09-30109731082023-10-012024-09-30109731082022-09-30109731082022-10-012023-09-30109731082023-09-3010973108ns15:EnglandWales2023-10-012024-09-3010973108ns14:PoundSterling2023-10-012024-09-3010973108ns10:Director12023-10-012024-09-3010973108ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3010973108ns10:SmallEntities2023-10-012024-09-3010973108ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3010973108ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3010973108ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010973108ns10:FullAccounts2023-10-012024-09-3010973108ns10:Director22023-10-012024-09-3010973108ns10:RegisteredOffice2023-10-012024-09-3010973108ns5:CurrentFinancialInstruments2024-09-3010973108ns5:CurrentFinancialInstruments2023-09-3010973108ns5:Non-currentFinancialInstruments2024-09-3010973108ns5:Non-currentFinancialInstruments2023-09-3010973108ns5:ShareCapital2024-09-3010973108ns5:ShareCapital2023-09-3010973108ns5:RetainedEarningsAccumulatedLosses2024-09-3010973108ns5:RetainedEarningsAccumulatedLosses2023-09-3010973108ns5:PlantMachinery2023-10-012024-09-3010973108ns5:FurnitureFittings2023-10-012024-09-3010973108ns5:ComputerEquipment2023-10-012024-09-3010973108ns5:PlantMachinery2023-09-3010973108ns5:FurnitureFittings2023-09-3010973108ns5:ComputerEquipment2023-09-3010973108ns5:PlantMachinery2024-09-3010973108ns5:FurnitureFittings2024-09-3010973108ns5:ComputerEquipment2024-09-3010973108ns5:PlantMachinery2023-09-3010973108ns5:FurnitureFittings2023-09-3010973108ns5:ComputerEquipment2023-09-3010973108ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3010973108ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3010973108ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 10973108 (England and Wales)














Financial Statements for the Year Ended 30 September 2024

for

Stay Sharp Men's Grooming Ltd

Stay Sharp Men's Grooming Ltd (Registered number: 10973108)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Stay Sharp Men's Grooming Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S M Dale
L Walters





REGISTERED OFFICE: 41 Millpond Lane
Faygate
Horsham
West Sussex
RH12 0AQ





REGISTERED NUMBER: 10973108 (England and Wales)





ACCOUNTANTS: Farrell & Co
1C Amberside
Wood Lane
Hemel Hempstead
Hertfordshire
HP2 4TP

Stay Sharp Men's Grooming Ltd (Registered number: 10973108)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 977 1,880

CURRENT ASSETS
Debtors 5 21,564 28,762
Cash at bank 3,409 9
24,973 28,771
CREDITORS
Amounts falling due within one year 6 22,913 23,069
NET CURRENT ASSETS 2,060 5,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,037

7,582

CREDITORS
Amounts falling due after more than one year 7 (2,750 ) (7,125 )

PROVISIONS FOR LIABILITIES (186 ) (357 )
NET ASSETS 101 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 1 -
101 100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Stay Sharp Men's Grooming Ltd (Registered number: 10973108)

Balance Sheet - continued
30 September 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 17 June 2025 and were signed on its behalf by:





S M Dale - Director


Stay Sharp Men's Grooming Ltd (Registered number: 10973108)

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

1. STATUTORY INFORMATION

Stay Sharp Men's Grooming Ltd 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Stay Sharp Men's Grooming Ltd (Registered number: 10973108)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 4,376 11,905 3,358 19,639
Additions - 131 - 131
At 30 September 2024 4,376 12,036 3,358 19,770
DEPRECIATION
At 1 October 2023 4,376 10,061 3,322 17,759
Charge for year - 998 36 1,034
At 30 September 2024 4,376 11,059 3,358 18,793
NET BOOK VALUE
At 30 September 2024 - 977 - 977
At 30 September 2023 - 1,844 36 1,880

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 21,564 28,762

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 7,076 3,436
Trade creditors 4,753 5,644
Taxation and social security 9,734 12,744
Other creditors 1,350 1,245
22,913 23,069

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 2,750 7,125

Stay Sharp Men's Grooming Ltd (Registered number: 10973108)

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

8. RESERVES
Retained
earnings
£   

Profit for the year 24,727
Dividends (24,726 )
At 30 September 2024 1