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REGISTERED NUMBER: 10576124 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| SCISSORBOX SALON LIMITED |

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Report of the Accountants | 8 |

| SCISSORBOX SALON LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTOR: | Mrs T J D Triffitt

| REGISTERED OFFICE: | 45 Queen Street

| Deal

| Kent

| CT14 6EY

| REGISTERED NUMBER: | 10576124 (England and Wales)

| ACCOUNTANTS: | Higson & Co (Deal) Ltd

| 45 Queen Street

| Deal

| Kent

| CT14 6EY

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

BALANCE SHEET

31 JANUARY 2025

| 2025 | 2024 |

| as restated |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 20,530 |  | 24,160 |  |

CURRENT ASSETS

Stocks | 5 | 22,000 |  | 26,000 |  |

Debtors | 6 | 40,384 |  | 62,696 |  |

Cash at bank and in hand | 25,852 |  | 16,955 |  |

88,236 |  | 105,651 |  |

CREDITORS

Amounts falling due within one year | 7 | 39,026 |  | 43,357 |  |

NET CURRENT ASSETS | 49,210 |  | 62,294 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 69,740 |  | 86,454 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (15,355 | ) | (18,834 | ) |

PROVISIONS FOR LIABILITIES | 10 | (3,901 | ) | (4,591 | ) |

NET ASSETS | 50,484 |  | 63,029 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 50,384 |  | 62,929 |  |

SHAREHOLDERS' FUNDS | 50,484 |  | 63,029 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

BALANCE SHEET - continued

31 JANUARY 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2025 and were signed by:

Mrs T J D Triffitt - Director

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Scissorbox Salon 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 financial statements are presented in round pounds 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 or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenue from the sale of hair care products is recognised when the risks and rewards of ownership are transferred.

| Revenue from the sale of services is recognised when the service is complete. Deposits are not recognised as income until the service is complete.

| Revenue from chair rent is recongised monthly, once the takings have been aggregated.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

| Tangible fixed assets

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

| Improvements to property | - | Straight line over 15 years

| Fixtures and fittings | - | 20% on reducing balance

| Computer equipment | - | 33% on cost

| It is the policy of the Company to capitalise items with an estimated useful economic life in excess of two years and with a cost price in excess of £150.

| The Company reviews the tangible fixed assets for impairment annually.

| 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 Statement of Income and Retained Earnings, 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.

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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 12 (2024 - 16 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Computer |

| property |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 February 2024 |

| and 31 January 2025 | 26,424 |  | 304 |  | 37,516 |  | 2,201 |  | 66,445 |  |

| DEPRECIATION

| At 1 February 2024 | 11,608 |  | 132 |  | 28,344 |  | 2,201 |  | 42,285 |  |

| Charge for year | 1,761 |  | 35 |  | 1,834 |  | - |  | 3,630 |  |

| At 31 January 2025 | 13,369 |  | 167 |  | 30,178 |  | 2,201 |  | 45,915 |  |

| NET BOOK VALUE

| At 31 January 2025 | 13,055 |  | 137 |  | 7,338 |  | - |  | 20,530 |  |

| At 31 January 2024 | 14,816 |  | 172 |  | 9,172 |  | - |  | 24,160 |  |

5. | STOCKS

2025 | 2024 |

| as restated |

£ | £ |

| Stocks | 22,000 |  | 26,000 |  |

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| as restated |

£ | £ |

| Trade debtors | 1,601 |  | 1,558 |  |

| Other debtors | 10,417 |  | 7,817 |  |

| Intercompany | 27,823 |  | 52,847 |  |

| Directors' current accounts | 54 |  | - |  |

| Prepayments | 489 |  | 474 |  |

40,384 |  | 62,696 |  |

| Intercompany debtors represents a loan to Company Box Ltd (14261188), a Company controlled by the Director. Interest is charged on the loan at 5% per annum and the loan is repayable on demand.

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| as restated |

£ | £ |

| Bank loans and overdrafts (see note 9) | 10,000 |  | 10,000 |  |

| Trade creditors | 3,497 |  | 3,671 |  |

| Tax | 16,642 |  | 16,403 |  |

| Wages Payable | (100 | ) | - |  |

| Social security and other taxes | (4,905 | ) | (3,040 | ) |

| VAT | 11,632 |  | 13,102 |  |

| Other creditors | 399 |  | 523 |  |

| Directors' current accounts | - |  | 546 |  |

| Accrued expenses | 1,861 |  | 2,152 |  |

39,026 |  | 43,357 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| as restated |

£ | £ |

| Bank loans (see note 9) | 15,355 |  | 18,834 |  |

9. | LOANS

| An analysis of the maturity of loans is given below:

2025 | 2024 |

| as restated |

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 10,000 |  | 10,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | 10,000 |  | 10,000 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | 5,355 |  | 8,834 |  |

SCISSORBOX SALON LIMITED (REGISTERED NUMBER: 10576124) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

| as restated |

£ | £ |

| Deferred tax | 3,901 |  | 4,591 |  |

| Deferred |

| tax |

£ |

| Balance at 1 February 2024 | 4,591 |  |

| Unused amounts reversed during year | (690 | ) |

| Balance at 31 January 2025 | 3,901 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: |  | as restated |

£ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

12. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following Directors loan accounts subsisted during the year;

| Directors Loan Account

| A member of key management personnel.

| During the year the Company repaid the Director £24,638 (2024: £16,739)

| During the year the Director advanced the Company £25,239 (2024: £16,712)

| As at 31 January 2025 the Director owed the Company £54 (2024: £546)

| Amounts owed by the Director to the Company at 31 January 2025 were repaid within 9 months of the year end.

| SCISSORBOX SALON LIMITED |

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF

SCISSORBOX SALON LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages one to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Higson & Co (Deal) Ltd

45 Queen Street

Deal

Kent

CT14 6EY

Date: .............................................