Registered number
11605184
EFES BARBERS LOUGHTON LTD
Filleted Accounts
31 July 2024
EFES BARBERS LOUGHTON LTD
Registered number: 11605184
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Stocks 220 220
Debtors 3 12,585 16,935
Cash at bank and in hand 139 5,458
12,944 22,613
Creditors: amounts falling due within one year 4 (1,207) (448)
Net current assets 11,737 22,165
Total assets less current liabilities 11,737 22,165
Creditors: amounts falling due after more than one year 5 (13,871) (19,408)
Net (liabilities)/assets (2,134) 2,757
Capital and reserves
Called up share capital 100 100
Profit and loss account (2,234) 2,657
Shareholder's funds (2,134) 2,757
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ibrahim KAYGISIZ
Director
Approved by the board on 24 July 2025
EFES BARBERS LOUGHTON LTD
Notes to the Accounts
for the period from 1 November 2023 to 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of hairdressing services.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.Corporation tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Debtors 2024 2023
£ £
Prepayments, deposit & other debtors 12,585 16,935
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 732 414
Taxation and social security costs 475 34
1,207 448
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 13,871 19,408
6 Other information
EFES BARBERS LOUGHTON LTD is a private company limited by shares and incorporated in England. Its registered office is:
217 High Road
Loughton
IG10 1BB
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