REGISTERED NUMBER: 03863902 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Ann Clark Hair Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Clark

Mr J R Clark

SECRETARY:

Mrs A Clark

REGISTERED OFFICE:

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

REGISTERED NUMBER:

03863902 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

953

1,191

CURRENT ASSETS

Cash at bank

343

1,728

CREDITORS

Amounts falling due within one year

5

12,795

8,852

NET CURRENT LIABILITIES

(12,452

)

(7,124

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,499

)

(5,933

)

CREDITORS

Amounts falling due after more than one year

6

-

2,958

NET LIABILITIES

(11,499

)

(8,891

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(11,501

)

(8,893

)

SHAREHOLDERS' FUNDS

(11,499

)

(8,891

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29th September 2025 and were signed on its behalf by:

Mrs A Clark - Director

1.	STATUTORY INFORMATION

Ann Clark Hair Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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. Turnover in respect of services is recognised when the service has been provided resulting in the company obtaining the right to consideration. Turnover in respect of retail sales is recognised when the goods are sold to the customer.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

18,743

1,711

20,454

DEPRECIATION

At 1st January 2024

17,552

1,711

19,263

Charge for year

238

-

238

At 31st December 2024

17,790

1,711

19,501

NET BOOK VALUE

At 31st December 2024

953

-

953

At 31st December 2023

1,191

-

1,191

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

2,959

2,028

Trade creditors

900

690

Other creditors

8,936

6,134

12,795

8,852

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

-

2,958

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

2024

2023

£

£

Mrs A Clark

Balance outstanding at start of year

-

2,104

Amounts repaid

-

(2,104

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

No interest was paid to the company in respect of these advances and there were no fixed terms for repayment.