Registered number
12469095
Barbersmiths Shoreditch Ltd
Filleted Accounts
31 January 2025
Barbersmiths Shoreditch Ltd
Registered number: 12469095
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 396 1,050
Current assets
Stocks 700 700
Debtors 4 38,041 20,332
Cash at bank and in hand 41,891 87,386
80,632 108,418
Creditors: amounts falling due within one year 5 (27,027) (28,590)
Net current assets 53,605 79,828
Net assets 54,001 80,878
Capital and reserves
Called up share capital 1 1
Profit and loss account 54,000 80,877
Shareholder's funds 54,001 80,878
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.
Mr Daniel Smith
Director
Approved by the board on 12 August 2025
Barbersmiths Shoreditch Ltd
Notes to the Accounts
for the year ended 31 January 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, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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. Current tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024 5,246
Additions 494
At 31 January 2025 5,740
Depreciation
At 1 February 2024 4,196
Charge for the year 1,148
At 31 January 2025 5,344
Net book value
At 31 January 2025 396
At 31 January 2024 1,050
4 Debtors 2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 18,013 20,013
Other debtors 20,028 319
38,041 20,332
Amounts due after more than one year included above 20,000 -
5 Creditors: amounts falling due within one year 2025 2024
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 12,069 9,576
Taxation and social security costs 13,619 17,623
Other creditors 1,339 1,391
27,027 28,590
6 Other information
Barbersmiths Shoreditch Ltd is a private company limited by shares and incorporated in England. Its registered office is:
255 Poulton Road
Wallasey
Wirral
CH44 4BT
Barbersmiths Shoreditch Ltd 12469095 false 2024-02-01 2025-01-31 2025-01-31 VT Final Accounts April 2025 Mr Daniel Smith No description of principal activity 12469095 2023-02-01 2024-01-31 12469095 core:WithinOneYear 2024-01-31 12469095 core:ShareCapital 2024-01-31 12469095 core:RetainedEarningsAccumulatedLosses 2024-01-31 12469095 core:AfterOneYear 2024-01-31 12469095 2024-02-01 2025-01-31 12469095 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 12469095 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 12469095 bus:Director40 2024-02-01 2025-01-31 12469095 1 2024-02-01 2025-01-31 12469095 2 2024-02-01 2025-01-31 12469095 core:PlantMachinery 2024-02-01 2025-01-31 12469095 countries:England 2024-02-01 2025-01-31 12469095 bus:FRS102 2024-02-01 2025-01-31 12469095 bus:FilletedAccounts 2024-02-01 2025-01-31 12469095 2025-01-31 12469095 core:WithinOneYear 2025-01-31 12469095 core:ShareCapital 2025-01-31 12469095 core:RetainedEarningsAccumulatedLosses 2025-01-31 12469095 core:PlantMachinery 2025-01-31 12469095 core:AfterOneYear 2025-01-31 12469095 2024-01-31 12469095 core:PlantMachinery 2024-01-31 iso4217:GBP xbrli:pure