Joanna's Hair and Beauty Salon Limited


FINANCIAL STATEMENTS


for the period ended 28th February 2025



Joanna's Hair and Beauty Salon Limited

CONTENTS

for the period ended 28th February 2025







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

Joanna's Hair and Beauty Salon Limited

Company No. 13172199

STATEMENT OF FINANCIAL POSITION

as at 28th February 2025

20252024
Note£££
FIXED ASSETS
Intangible assets473337333
Property, plant and equipment578988759
1523116092
CURRENT ASSETS
Debtors618316-
Cash at bank and in hand275215418
2106815418
CURRENT LIABILITIES
Creditors: amounts falling due
within one year72077022281
NET CURRENT ASSETS/(LIABILITIES)298(6863)
TOTAL ASSETS LESS CURRENT LIABILITIES155299229
 
Creditors: amounts falling due
after more than one year--
 
NET ASSETS155299229
 
CAPITAL AND RESERVES
Called up share capital11
Retained earnings155289228
SHAREHOLDERS FUNDS155299229

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the period ended 28th February 2025 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 12 August 2025


FOAD, Joanna

Director

Company Number 13172199 (England)

Joanna's Hair and Beauty Salon Limited

NOTES TO THE ACCOUNTS

for the period ended 28th February 2025


1   Statutory information

Joanna's Hair and Beauty Salon Limited is a private company limited by shares and registered under company number 13172199 in England. Its registered office address is 12 Hatherley Road, Sidcup, Kent, England, DA14 4DT.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant, machinery and vehiclesdepreciation 20%-25%

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

3   Employee information

The average number of employees during the accounting period was 4 (2024 - 4).

4   Intangible assets
£
Cost
At 29th February 2024 and
At 28th February 202510000
 
Amortisation
At 29th February 2024 and
At 28th February 20252667
 
Net Book Value
At 28th February 20257333
At 28th February 20247333

Intangible Fixed Assets are being written off in equal annual instalments over each asset's estimated economic life.


5   Property, plant and equipment
 
Plant
and
MachineryTotal
££
Cost
At 29th February 2024 1555915559
Additions453453
At 28th February 20251601216012
 
Depreciation
At 29th February 2024 68006800
Charge for year13141314
At 28th February 202581148114
 
Net Book Value
At 28th February 202578987898
At 28th February 202487598759

6   Debtors20252024
££
 
Other debtors18316-
18316-

7   Creditors: amounts falling due within one year20252024
££
 
Loans and Overdrafts27856616
Trade Creditors27642764
Corporation tax3157280
Taxes and social security costs15575823
Other creditors105076798
2077022281

8   Transactions with Directors

There were no transactions with Directors except as reflected in the Director's loan account for each Director. The closing balances of each account are as detailed below. Credit balances are shown without brackets. These balances are included in the figure for "Creditors and Accruals" in the accounts. Overdrawn balances are included in the figure for "Other Debtors".

20252024
££
 
FOAD, Joanna-5115
-5115

2025-02-28false2024-02-292025-02-2813172199uk-bus:Director12024-02-292025-02-2813172199uk-gaap:ShareCapital2025-02-2813172199uk-gaap:ShareCapital2024-02-2813172199uk-gaap:RetainedEarningsAccumulatedLosses2025-02-2813172199uk-gaap:RetainedEarningsAccumulatedLosses2024-02-2813172199uk-gaap:VehiclesPlantMachinery2024-02-292025-02-2813172199uk-gaap:PlantMachinery2024-02-2813172199uk-gaap:PlantMachinery2024-02-292025-02-2813172199uk-gaap:PlantMachinery2025-02-2813172199uk-gaap:WithinOneYear2025-02-2813172199uk-gaap:WithinOneYear2024-02-28131721992024-02-292025-02-28131721992023-03-012024-02-28131721992025-02-28131721992024-02-2813172199uk-bus:SmallEntities2024-02-292025-02-2813172199uk-bus:AuditExempt-NoAccountantsReport2024-02-292025-02-2813172199uk-bus:FullAccounts2024-02-292025-02-2813172199uk-bus:PrivateLimitedCompanyLtd2024-02-292025-02-2813172199countries:EnglandWales2024-02-292025-02-2813172199uk-bus:Director112024-02-28iso4217:GBPxbrli:purexbrli:shares