MAN BARBERSHOP LIMITED

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Page 1

Page 2

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: 10155924

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		5,458		7,276

			5,458		7,276
CURRENT ASSETS
Stocks		1,713		1,810
Debtors	6	17,958		25,021
Cash at bank		1,379		273

		21,050		27,104
Creditors: Amounts Falling Due Within One Year	7	(23,943 )		(28,155 )

NET CURRENT ASSETS (LIABILITIES)			(2,893 )		(1,051 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,565		6,225

Creditors: Amounts Falling Due After More Than One Year	8		(1,250 )		(4,250 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,037 )		(1,382 )

NET ASSETS			278		593

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			178		493

SHAREHOLDERS' FUNDS			278		593

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MAN BARBERSHOP LIMITED

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his 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 Zaine Brookes

Director

02/09/2025

The notes on pages 4 to 6 form part of these financial statements.

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MAN BARBERSHOP LIMITED

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Man Barbershop Limited 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

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of five years.

2.4. 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:

Leasehold	cost
Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost

2.5. Stocks and Work in Progress

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

moving items.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

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MAN BARBERSHOP LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	18,708

As at 31 December 2024	18,708

Amortisation
As at 1 January 2024	18,708

As at 31 December 2024	18,708

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	1	2,162	40,735	42,898

As at 31 December 2024	1	2,162	40,735	42,898

Depreciation
As at 1 January 2024	-	1,845	33,777	35,622
Provided during the period	-	79	1,739	1,818

As at 31 December 2024	-	1,924	35,516	37,440

Net Book Value
As at 31 December 2024	1	238	5,219	5,458

As at 1 January 2024	1	317	6,958	7,276

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	17,958	25,021

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MAN BARBERSHOP LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	2	49
Bank loans and overdrafts	3,000	3,000
Amount owed to associates	474	4,186
Other creditors	2,440	4,332
Taxation and social security	18,027	16,588

	23,943	28,155

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

	2024	2023
	£	£
Bank loans 1-2 years	1,250	4,250

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

Page 6

Director	Mr Zaine Brookes

Company Number	10155924

Registered Office	66 Barnes Lane
	Sarisbury Green
	Southampton
	Hampshire
	SO31 7BT

Accountants	BAYAR HUGHES & CO LIMITED
	Chartered Certified Accountants & Registered Auditors
	4 Green Lane Business Park
	New Eltham
	238 Green Lane
	London
	SE9 3TL