The Hair Gallery UK Limited

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 05029740

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,093		5,815

			4,093		5,815
CURRENT ASSETS
Stocks	5	14,768		28,594
Debtors		436		-
Cash at bank and in hand		822		-

		16,026		28,594
Creditors: Amounts Falling Due Within One Year		(47,265 )		(37,540 )

NET CURRENT ASSETS (LIABILITIES)			(31,239 )		(8,946 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(27,146 )		(3,131 )

Creditors: Amounts Falling Due After More Than One Year			-		(12,426 )

NET LIABILITIES			(27,146 )		(15,557 )

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			(28,146 )		(16,557 )

SHAREHOLDERS' FUNDS			(27,146)		(15,557)

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The Hair Gallery UK 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mrs Victoria Hunt

Director

11th September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Hair Gallery UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05029740 . The registered office is 20 Market Place Market Place, Patrington, Hull, HU12 0RB.

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.3. 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:

Fixtures & Fittings

10% on cost

2.4. 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.

2.5. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

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The Hair Gallery UK Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	32,150
Disposals	(15,350 )

As at 31 March 2025	16,800

Depreciation
As at 1 April 2024	26,335
Provided during the period	939
Disposals	(14,567 )

As at 31 March 2025	12,707

Net Book Value
As at 31 March 2025	4,093

As at 1 April 2024	5,815

5. Stocks

	2025	2024
	£	£
Stock	14,768	28,594

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

7. Ultimate Controlling Party

The company's ultimate controlling party is Mrs V Hunt by virtue of her ownership of 100% of the issued share capital in the company.

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