Acorah Software Products - Accounts Production 16.5.460 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 NI645784 Ms Conna Nagle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI645784 2024-05-31 NI645784 2025-05-31 NI645784 2024-06-01 2025-05-31 NI645784 frs-core:CurrentFinancialInstruments 2025-05-31 NI645784 frs-core:Non-currentFinancialInstruments 2025-05-31 NI645784 frs-core:ComputerEquipment 2024-06-01 2025-05-31 NI645784 frs-core:FurnitureFittings 2025-05-31 NI645784 frs-core:FurnitureFittings 2024-06-01 2025-05-31 NI645784 frs-core:FurnitureFittings 2024-05-31 NI645784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-05-31 NI645784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 NI645784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 NI645784 frs-core:ShareCapital 2025-05-31 NI645784 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 NI645784 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 NI645784 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 NI645784 frs-bus:SmallEntities 2024-06-01 2025-05-31 NI645784 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 NI645784 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 NI645784 frs-bus:Director1 2024-06-01 2025-05-31 NI645784 frs-countries:NorthernIreland 2024-06-01 2025-05-31 NI645784 2023-05-31 NI645784 2024-05-31 NI645784 2023-06-01 2024-05-31 NI645784 frs-core:CurrentFinancialInstruments 2024-05-31 NI645784 frs-core:Non-currentFinancialInstruments 2024-05-31 NI645784 frs-core:ShareCapital 2024-05-31 NI645784 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: NI645784
Enhanced Hair Studio Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI645784
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,471 230
13,471 230
CURRENT ASSETS
Stocks 5 25,000 30,000
Debtors 6 5,664 23,453
Investments 7 1,500 -
Cash at bank and in hand 30,941 38,647
63,105 92,100
Creditors: Amounts Falling Due Within One Year 8 (35,718 ) (35,942 )
NET CURRENT ASSETS (LIABILITIES) 27,387 56,158
TOTAL ASSETS LESS CURRENT LIABILITIES 40,858 56,388
Creditors: Amounts Falling Due After More Than One Year 9 - (6,569 )
NET ASSETS 40,858 49,819
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 40,758 49,719
SHAREHOLDERS' FUNDS 40,858 49,819
Page 1
Page 2
For the year ending 31 May 2025 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 her 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
Ms Conna Nagle
Director
26th August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Enhanced Hair Studio Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI645784 . The registered office is 28a Merchants Quay, Newry, BT35 8HF.
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 20% Straight Line
Computer Equipment 33% Straight Line
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 5)
7 5
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 June 2024 - 8,396 8,396
Additions 11,655 2,259 13,914
As at 31 May 2025 11,655 10,655 22,310
Depreciation
As at 1 June 2024 - 8,166 8,166
Provided during the period - 673 673
As at 31 May 2025 - 8,839 8,839
Net Book Value
As at 31 May 2025 11,655 1,816 13,471
As at 1 June 2024 - 230 230
5. Stocks
2025 2024
£ £
Stock 20,000 30,000
Materials 5,000 -
25,000 30,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 5,000 23,453
Other taxes and social security 664 -
5,664 23,453
7. Current Asset Investments
2025 2024
£ £
Short term deposits 1,500 -
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8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 6,824 6,389
Corporation tax 3,261 4,175
Other taxes and social security - 1,624
VAT 14,149 10,178
Other creditors 330 330
Accruals and deferred income 500 500
Director's loan account 10,654 12,746
35,718 35,942
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 6,569
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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