Registered number
04233465
The Company Hairdressers Ltd
Filleted Accounts
30 June 2025
The Company Hairdressers Ltd
Registered number: 04233465
Balance Sheet
as at 30 June 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 319,581 320,716
Current assets
Stocks 2,390 2,060
Debtors 4 1,104 1,108
Cash at bank and in hand 7,217 6,544
10,711 9,712
Creditors: amounts falling due within one year 5 (187,983) (199,526)
Net current liabilities (177,272) (189,814)
Total assets less current liabilities 142,309 130,902
Creditors: amounts falling due after more than one year 6 (94,179) (103,710)
Provisions for liabilities (63) (84)
Net assets 48,067 27,108
Capital and reserves
Called up share capital 1 1
Profit and loss account 48,066 27,107
Shareholder's funds 48,067 27,108
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.
Simon Paul Bennett
Director
Approved by the board on 10 August 2025
The Company Hairdressers Ltd
Notes to the Accounts
for the year ended 30 June 2025
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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost on a reducing balance basis or straight line basis, as follows
Freehold buildings 2% straight line of the building element
Plant and machinery 25% per year
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. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 July 2024 335,279 8,081 343,360
Additions 474 - 474
At 30 June 2025 335,753 8,081 343,834
Depreciation
At 1 July 2024 15,000 7,644 22,644
Charge for the year 1,500 109 1,609
At 30 June 2025 16,500 7,753 24,253
Net book value
At 30 June 2025 319,253 328 319,581
At 30 June 2024 320,279 437 320,716
4 Debtors 2025 2024
£ £
Other debtors 1,104 1,108
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 12,000 12,000
Trade creditors - 261
Taxation and social security costs 6,820 5,789
Other creditors 169,163 181,476
187,983 199,526
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 94,179 103,710
7 Loans from directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Simon Paul Bennett
Interest Chargeable 180,634 312 (16,184) 164,762
180,634 312 (16,184) 164,762
8 Other information
The Company Hairdressers Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Prospect Row
Cambridge
Cambridgeshire
CB1 1DU
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