REGISTERED NUMBER: 07933334 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

ALTERNATIVE BARBERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Martino

Mrs N Cooper

C A Cooper

Mrs H O Martino

REGISTERED OFFICE:

Ground Floor

Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

07933334 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,599

21,436

21,599

21,436

CURRENT ASSETS

Stocks

7,324

8,258

Debtors

6

56,566

35,398

Cash at bank and in hand

18,499

34,260

82,389

77,916

CREDITORS

Amounts falling due within one year

7

98,071

81,617

NET CURRENT LIABILITIES

(15,682

)

(3,701

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,917

17,735

CREDITORS

Amounts falling due after more than one year

8

5,903

16,144

NET ASSETS

14

1,591

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

(106

)

1,471

14

1,591

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 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 31 July 2025 and were signed on its behalf by:

D Martino - Director

1.	STATUTORY INFORMATION

Alternative Barbering 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

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

9,300

AMORTISATION

At 1 March 2024

and 28 February 2025

9,300

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

99,674

Additions

5,652

At 28 February 2025

105,326

DEPRECIATION

At 1 March 2024

78,238

Charge for year

5,489

At 28 February 2025

83,727

NET BOOK VALUE

At 28 February 2025

21,599

At 29 February 2024

21,436

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Other debtors

56,566

35,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

9,930

9,930

Taxation and social security

58,122

45,043

Other creditors

30,019

26,644

98,071

81,617

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

5,903

16,144

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £6,440 by Alternative Barbering Berkhamsted Limited. D Martino, N Cooper and C Cooper are directors and shareholders of this company.

Additionally, the company was owed £38,668 by Alternative Barbering Hitchin Limited. D Martino, N Cooper and C Cooper are directors and shareholders in this company.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Martino.