REGISTERED NUMBER: 12479117 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Godiva Hair Loss & Wig Specialists Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs P Davies

REGISTERED OFFICE:

Lilac House High Street

Wroot

Doncaster

South Yorkshire

DN9 2BU

REGISTERED NUMBER:

12479117 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

2,930

3,662

CURRENT ASSETS

Stocks

12,360

15,450

Debtors

5

11,950

39,796

Cash at bank

48,816

36,822

73,126

92,068

CREDITORS

Amounts falling due within one year

6

54,857

70,424

NET CURRENT ASSETS

18,269

21,644

TOTAL ASSETS LESS CURRENT LIABILITIES

21,199

25,306

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

21,099

25,206

21,199

25,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

Mrs P Davies - Director

1.	STATUTORY INFORMATION

Godiva Hair Loss & Wig Specialists Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

and 28 February 2025

8,167

DEPRECIATION

At 1 March 2024

4,505

Charge for year

732

At 28 February 2025

5,237

NET BOOK VALUE

At 28 February 2025

2,930

At 29 February 2024

3,662

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

950

-

Amounts owed by group undertakings

11,000

11,000

Other debtors

-

28,796

11,950

39,796

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

41,054

56,254

Taxation and social security

10,402

12,972

Other creditors

3,401

1,198

54,857

70,424

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025

2024

£

£

Mrs P Davies

Balance outstanding at start of year

28,796

20,168

Amounts advanced

46,178

39,859

Amounts repaid

(77,311

)

(31,231

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,337

)

28,796

The balance is repayable on demand and interest has been charged at the official HMRC rate.

8.	RELATED PARTY DISCLOSURES

Godiva Hair Extensions Ltd

Godiva Hair Extensions Ltd is a company under the common control of the director. At the year end a balance of £26,054 (2024: £41,254) was owed to Godiva Hair Extensions Ltd.

Godiva Training Academy Ltd

Godiva Training Academy Ltd is a company under the common control of the director. At the year end a balance of £15,000 (2024: £15,000) was owed to Godiva Training Academy Ltd.

Samson Mens Hair Replacement Specialists Ltd

Samson Mens Hair Replacement Specialists Ltd is a company under the common control of the director. At the year end a balance of £11,000 (2024: £11,000) was owed from Samson Mens Hair Replacement Specialists Ltd.