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REGISTERED NUMBER: 07956562 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

FOR

CAISTERS HAIR LOUNGE LTD

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Balance Sheet 1

Notes to the Financial Statements 3


CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 16,488 20,786

CURRENT ASSETS
Stocks 6 11,599 11,277
Debtors 7 42,277 38,475
Cash at bank and in hand 12,710 21,396
66,586 71,148
CREDITORS
Amounts falling due within one year 8 77,097 74,695
NET CURRENT LIABILITIES (10,511 ) (3,547 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,977

17,239

CREDITORS
Amounts falling due after more than one
year

9

(1,667

)

(11,897

)

PROVISIONS FOR LIABILITIES 11 (4,122 ) (5,197 )
NET ASSETS 188 145

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings 88 45
SHAREHOLDERS' FUNDS 188 145

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

BALANCE SHEET - continued
31 MARCH 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





Mr D J Caister - Director


CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Caisters Hair Lounge Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07956562

Registered office: Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office Equipment - 25% on reducing balance

Fixed assets are originally recorded at cost.

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

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.


CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Operating lease commitments
Operating lease commitments are charged through the profit and loss account in the year to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Office
property fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 8,262 29,329 25,390 7,718 70,699
Additions - 916 - 108 1,024
At 31 March 2025 8,262 30,245 25,390 7,826 71,723
DEPRECIATION
At 1 April 2024 7,598 21,308 14,679 6,328 49,913
Charge for year 144 2,147 2,677 354 5,322
At 31 March 2025 7,742 23,455 17,356 6,682 55,235
NET BOOK VALUE
At 31 March 2025 520 6,790 8,034 1,144 16,488
At 31 March 2024 664 8,021 10,711 1,390 20,786

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024
and 31 March 2025 25,390
DEPRECIATION
At 1 April 2024 14,679
Charge for year 2,677
At 31 March 2025 17,356
NET BOOK VALUE
At 31 March 2025 8,034
At 31 March 2024 10,711

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. STOCKS
2025 2024
£    £   
Stocks 11,599 11,277

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Directors' current accounts 25,336 23,363
Tax recoverable 8,362 7,840
Prepayments and accrued income 8,579 7,272
42,277 38,475

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts (see note 10) - 5,079
Trade creditors 9,579 5,290
Corporation tax 18,680 22,118
PAYE and social security 3,095 1,217
VAT 15,898 15,476
Other creditors 2,216 523
Wages control account 15,219 12,574
Accruals and deferred income 2,410 2,418
77,097 74,695

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 1-2 years 1,667 10,000
Bank loans - 2-5 years - 1,667
Hire purchase contracts (see note 10) - 230
1,667 11,897

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year - 5,079
Between one and five years - 230
- 5,309

Non-cancellable operating leases
2025 2024
£    £   
Within one year 3,500 8,333
Between one and five years - 8,333
3,500 16,666

There is a break clause in the lease in July 2019 although the lease expires in July 2025.

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 4,122 5,197

Deferred
tax
£   
Balance at 1 April 2024 5,197
Provided during year (1,075 )
Balance at 31 March 2025 4,122

CAISTERS HAIR LOUNGE LTD (REGISTERED NUMBER: 07956562)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary share £1 100 100

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mrs L P Caister
Balance outstanding at start of year 11,674 7,542
Amounts advanced 1,818 7,984
Amounts repaid (1,103 ) (3,852 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,389 11,674

Mr D J Caister
Balance outstanding at start of year 11,689 7,542
Amounts advanced 1,818 8,000
Amounts repaid (1,102 ) (3,853 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,405 11,689

There was an interest charge applied to the Director's loan account at the official HMRC beneficial loan rate.