REGISTERED NUMBER: 07170120 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Bloggs Salons Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J W Hemmings

REGISTERED OFFICE:

288c Gloucester Road

Horfield

Bristol

BS7 8PD

REGISTERED NUMBER:

07170120 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

276,629

282,126

CURRENT ASSETS

Stocks

6,356

8,775

Debtors

5

188,917

123,389

Cash at bank and in hand

2,280

6,067

197,553

138,231

CREDITORS

Amounts falling due within one year

6

204,065

101,389

NET CURRENT (LIABILITIES)/ASSETS

(6,512

)

36,842

TOTAL ASSETS LESS CURRENT LIABILITIES

270,117

318,968

CREDITORS

Amounts falling due after more than one year

7

(262,441

)

(314,823

)

ACCRUALS AND DEFERRED INCOME

(2,135

)

(3,969

)

NET ASSETS

5,541

176

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

5,441

76

SHAREHOLDERS' FUNDS

5,541

176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 29 July 2025 and were signed by:

J W Hemmings - Director

1.	STATUTORY INFORMATION

Bloggs Salons 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 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 1% straight line

Plant & Machinery 25% straight line

Fixtures & Fittings 25% straight line

Stocks

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

Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Pensions

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.

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 May 2024

300,102

51,865

29,231

381,198

Additions

-

660

250

910

Disposals

-

(904

)

(1,372

)

(2,276

)

At 30 April 2025

300,102

51,621

28,109

379,832

DEPRECIATION

At 1 May 2024

24,008

48,066

26,998

99,072

Charge for year

3,001

2,085

981

6,067

Eliminated on disposal

-

(640

)

(1,296

)

(1,936

)

At 30 April 2025

27,009

49,511

26,683

103,203

NET BOOK VALUE

At 30 April 2025

273,093

2,110

1,426

276,629

At 30 April 2024

276,094

3,799

2,233

282,126

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Net Wages

6,567

7,045

S455 Tax

44,641

28,647

Directors' loan accounts

132,554

85,165

Prepayments and accrued income

1,713

-

Accruals

2,988

2,082

Prepayments

454

450

188,917

123,389

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

65,900

8,573

Trade creditors

6,349

11,396

Tax

65,185

21,776

Social security and other taxes

14,883

11,963

Pensions payable

863

1,345

VAT

46,212

23,825

Other creditors

4,673

22,511

204,065

101,389

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans - 2-5 years

262,441

314,823

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Allotted, Called up and fully

paid

1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

J W Hemmings

Balance outstanding at start of year

85,165

66,395

Amounts advanced

86,566

56,258

Amounts repaid

(39,177

)

(37,488

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

132,554

85,165

The above loan is unsecured and repayable on demand. Interest has been charged at 2.25% until March 2025, and 3.75% for April 2025.