Burlesque Hair Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04696207

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		2,870		3,336
Tangible Assets	5		242,878		225,839

			245,748		229,175
CURRENT ASSETS
Stocks	6	28,500		36,750
Debtors	7	8,180		17,294
Cash at bank and in hand		452		24,463

		37,132		78,507
Creditors: Amounts Falling Due Within One Year	8	(167,576 )		(153,822 )

NET CURRENT ASSETS (LIABILITIES)			(130,444 )		(75,315 )

TOTAL ASSETS LESS CURRENT LIABILITIES			115,304		153,860

Creditors: Amounts Falling Due After More Than One Year	9		(58,081 )		(67,653 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(8,976 )		-

NET ASSETS			48,247		86,207

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			48,147		86,107

SHAREHOLDERS' FUNDS			48,247		86,207

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Burlesque Hair Company Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S E Nicholson

Director

17 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Burlesque Hair Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04696207 . The registered office is 16-18 Cambrian Road, Newport, NP20 4AB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period the revision and future periods where the revisions affects both current and future periods

2.3. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.5. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Software. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	20% reducing balance

2.7. Leasing and Hire Purchase Contracts

Assets obtained under 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 the 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 the profit and loss account as incurred.

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Burlesque Hair Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 26)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 April 2024	60,000	4,659	64,659

As at 31 March 2025	60,000	4,659	64,659

Amortisation
As at 1 April 2024	60,000	1,323	61,323
Provided during the period	-	466	466

As at 31 March 2025	60,000	1,789	61,789

Net Book Value
As at 31 March 2025	-	2,870	2,870

As at 1 April 2024	-	3,336	3,336

5. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	295,111	-	93,890	389,001
Additions	-	28,103	1,158	29,261

As at 31 March 2025	295,111	28,103	95,048	418,262

Depreciation
As at 1 April 2024	82,623	-	80,539	163,162
Provided during the period	5,515	3,976	2,731	12,222

As at 31 March 2025	88,138	3,976	83,270	175,384

Net Book Value
As at 31 March 2025	206,973	24,127	11,778	242,878

As at 1 April 2024	212,488	-	13,351	225,839

6. Stocks

	2025	2024
	£	£
Stock	28,500	36,750

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Burlesque Hair Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	568
Other debtors	8,180	16,726

	8,180	17,294

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,366	-
Trade creditors	8,677	20,051
Bank loans and overdrafts	53,413	19,430
Other creditors	49,946	36,060
Taxation and social security	48,174	78,281

	167,576	153,822

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	22,060	-
Bank loans	36,021	67,653

	58,081	67,653

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,366	-
Later than one year and not later than five years	22,060	-

	29,426	-

	29,426	-

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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