KRAL BARBERS LIMITED - Filleted accounts

Registered number

14044283

KRAL BARBERS LIMITED

Managmement Accounts

For the period from 1 May 2024 to 28 Feb. 2025

KRAL BARBERS LIMITED
Registered number:		14044283
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	49			15,599
Cash at bank and in hand		20,169			37,521
		20,218			53,120

Creditors: amounts falling due within one year	4	(16,358)			(11,326)

Net current assets			3,860			41,794

Net assets			3,860			41,794

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,760			41,694

Shareholder's funds			3,860			41,794

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Engin Yalcin
Director
Approved by the board on 30 October 2025

KRAL BARBERS LIMITED
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	4		4


3	Debtors	2025		2024
£			£

	Trade debtors	49		15,599



4	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	1,690		1,690
	Taxation and social security costs	15,141		13,596
	Other creditors	(473)		(3,960)
		16,358		11,326


5	Other information

	KRAL BARBERS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	2 Dolphin Square
	Tring
	Hertfordshire
	UK
	HP23 5BN