REGISTERED NUMBER: 08850936

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PER CAPELLI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A E Mehmet

Mr Y Salih

SECRETARY:

REGISTERED OFFICE:

First Floor Office

34 Great Queen Street

London

WC2B 5AA

REGISTERED NUMBER:

08850936

ACCOUNTANTS:

NYO Chartered Accountants and Registered Auditors

First Floor Office

34 Great Queen Street

London

WC2B 5AA

FIXED ASSETS

Tangible assets

4

36,784

21,591

CURRENT ASSETS

Stocks

5

61,741

90,371

Debtors

6

325,215

198,212

Cash at bank and in hand

229,056

189,380

616,012

477,963

CREDITORS

Amounts falling due within one year

7

167,850

123,574

NET CURRENT ASSETS

448,162

354,389

TOTAL ASSETS LESS CURRENT LIABILITIES

484,946

375,980

CREDITORS

Amounts falling due after more than one year

8

30,008

18,297

CAPITAL AND RESERVES

Called up share capital

9

200

200

Capital redemption reserve

10

100

100

Retained earnings

10

454,638

357,383

SHAREHOLDERS' FUNDS

454,938

357,683

484,946

375,980

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 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 21 October 2025 and were signed on its behalf by:

Mr Y Salih - Director

Mr A E Mehmet - Director

1.	STATUTORY INFORMATION

Per Capelli 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

HIRE PURCHASE AND LEASING COMMITMENTS

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

215

8,269

23,612

5,945

38,041

Additions

-

50

34,000

428

34,478

Disposals

-

-

(17,012

)

-

(17,012

)

At 31 January 2025

215

8,319

40,600

6,373

55,507

DEPRECIATION

At 1 February 2024

7

4,854

7,118

4,471

16,450

Charge for year

43

1,085

6,058

872

8,058

Eliminated on disposal

-

-

(5,785

)

-

(5,785

)

At 31 January 2025

50

5,939

7,391

5,343

18,723

NET BOOK VALUE

At 31 January 2025

165

2,380

33,209

1,030

36,784

At 31 January 2024

208

3,415

16,494

1,474

21,591

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2024

23,612

Additions

34,000

Disposals

(17,012

)

At 31 January 2025

40,600

DEPRECIATION

At 1 February 2024

7,118

Charge for year

6,058

Eliminated on disposal

(5,785

)

At 31 January 2025

7,391

NET BOOK VALUE

At 31 January 2025

33,209

At 31 January 2024

16,494

5.

STOCKS

31.1.25

31.1.24

£

£

Stocks

61,741

90,371

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

181,559

116,173

Related company - AY Property

49,733

-

Other debtors

11,105

10,305

Related company - True Keratin

UK Limited

1,000

1,000

Related party-Salon Connect

Ltd

81,818

60,025

Directors' current accounts

-

10,209

Prepayments and accrued income

-

500

325,215

198,212

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

10,397

10,140

Hire purchase contracts

4,849

3,691

Trade creditors

5,899

5,330

Tax

50,751

20,959

Social security and other taxes

5,130

7,590

Pension payables

1,957

1,654

VAT

81,523

67,013

Accrued expenses

7,344

7,197

167,850

123,574

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 1-2 years

4,409

10,397

Bank loans - 2-5 years

-

4,409

Hire purchase contracts

25,599

3,491

30,008

18,297

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.1.24

value:

£

£

200

Ordinary

1

200

200

10.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 February 2024

357,383

100

357,483

Profit for the year

148,855

148,855

Dividends

(51,600

)

(51,600

)

At 31 January 2025

454,638

100

454,738

11.	CAPITAL COMMITMENTS

31.1.25

31.1.24

£

£

Contracted but not provided for in the

financial statements

-

35,000

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.