REGISTERED NUMBER: 12013911 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Hairea 51 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss C E Graham

Mr S G Withers

REGISTERED OFFICE:

31 Heather Close

Branston

Burton-On-Trent

DE14 3FL

REGISTERED NUMBER:

12013911 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

23,593

24,987

CURRENT ASSETS

Stocks

4,430

2,369

Debtors

5

14,546

18,253

Cash at bank and in hand

14,580

14,727

33,556

35,349

CREDITORS

Amounts falling due within one year

6

7,287

7,024

NET CURRENT ASSETS

26,269

28,325

TOTAL ASSETS LESS CURRENT LIABILITIES

49,862

53,312

CREDITORS

Amounts falling due after more than one year

7

-

(844

)

PROVISIONS FOR LIABILITIES

(394

)

(618

)

NET ASSETS

49,468

51,850

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

49,466

51,848

SHAREHOLDERS' FUNDS

49,468

51,850

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Miss C E Graham - Director

Mr S G Withers - Director

1.	STATUTORY INFORMATION

Hairea 51 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.

Improvements to property

-

2% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

20% 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 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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

24,796

6,291

1,976

33,063

DEPRECIATION

At 1 June 2024

2,281

5,286

509

8,076

Charge for year

496

503

395

1,394

At 31 May 2025

2,777

5,789

904

9,470

NET BOOK VALUE

At 31 May 2025

22,019

502

1,072

23,593

At 31 May 2024

22,515

1,005

1,467

24,987

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,590

-

Directors' current accounts

12,663

17,985

Prepayments

293

268

14,546

18,253

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

866

889

Trade creditors

888

9

Tax

3,973

4,626

Accruals and deferred income

1,560

1,500

7,287

7,024

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

844

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

£

Mr S G Withers

Balance outstanding at start of year

9,067

588

Amounts advanced

19,499

22,615

Amounts repaid

(22,157

)

(14,136

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,409

9,067

Miss C E Graham

Balance outstanding at start of year

8,918

(2,434

)

Amounts advanced

19,493

25,388

Amounts repaid

(22,157

)

(14,036

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,254

8,918

The director's loan account balances have been charged interest at a rate of 2.25% per annum.

The director's loan accounts were repaid within nine months of the year end.