2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07221417 2024-05-01 2025-04-30 07221417 2025-04-30 07221417 2024-04-30 07221417 2023-05-01 2024-04-30 07221417 2024-04-30 07221417 2023-04-30 07221417 bus:Director1 2024-05-01 2025-04-30 07221417 core:PlantMachinery 2025-04-30 07221417 core:WithinOneYear 2025-04-30 07221417 core:WithinOneYear 2024-04-30 07221417 core:AfterOneYear 2025-04-30 07221417 core:AfterOneYear 2024-04-30 07221417 core:ShareCapital 2025-04-30 07221417 core:ShareCapital 2024-04-30 07221417 core:RetainedEarningsAccumulatedLosses 2025-04-30 07221417 core:RetainedEarningsAccumulatedLosses 2024-04-30 07221417 bus:SmallEntities 2024-05-01 2025-04-30 07221417 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 07221417 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 07221417 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 07221417 bus:FullAccounts 2024-05-01 2025-04-30
COMPANY REGISTRATION NUMBER: 07221417
Lisa's Beauty Salon Ltd
Filleted Unaudited Financial Statements
30 April 2025
Lisa's Beauty Salon Ltd
Statement of Financial Position
30 April 2025
2025
2024
Note
£
£
£
Current assets
Debtors
6
746
525
Creditors: amounts falling due within one year
7
56,097
35,398
--------
--------
Net current liabilities
55,351
34,873
--------
--------
Total assets less current liabilities
( 55,351)
( 34,873)
Creditors: amounts falling due after more than one year
8
17,500
17,500
--------
--------
Net liabilities
( 72,851)
( 52,373)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 72,951)
( 52,473)
--------
--------
Shareholders deficit
( 72,851)
( 52,373)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 14 July 2025 , and are signed on behalf of the board by:
Mrs O Fagan
Director
Company registration number: 07221417
Lisa's Beauty Salon Ltd
Notes to the Financial Statements
Year ended 30 April 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 64 Mitcham Road, London, SW17 9NA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets
Plant and machinery
Equipment
Total
£
£
£
Cost
At 1 May 2024 and 30 April 2025
3,500
7,555
11,055
-------
-------
--------
Depreciation
At 1 May 2024 and 30 April 2025
3,500
7,555
11,055
-------
-------
--------
Carrying amount
At 30 April 2025
-------
-------
--------
At 30 April 2024
-------
-------
--------
6. Debtors
2025
2024
£
£
Other debtors
746
525
----
----
7. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,535
65
Other creditors
54,562
35,333
--------
--------
56,097
35,398
--------
--------
8. Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
17,500
17,500
--------
--------
9. Related party transactions
The company was under the control of Ms Odette Fagan throughout the current and previous year. Ms Odette Fagan is the managing director and majority shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.