REGISTERED NUMBER: 10671178 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Leveridges Salon Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss C J Leveridge

SECRETARY:

REGISTERED OFFICE:

30 St Benedicts Street

Norwich

Norfolk

NR2 4AQ

REGISTERED NUMBER:

10671178 (England and Wales)

FIXED ASSETS

Intangible assets

4

10,932

10,932

Tangible assets

5

1,267

1,480

12,199

12,412

CURRENT ASSETS

Debtors

6

21,859

20,293

Cash at bank

1,266

78

23,125

20,371

CREDITORS

Amounts falling due within one year

7

20,723

24,053

NET CURRENT ASSETS/(LIABILITIES)

2,402

(3,682

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,601

8,730

CREDITORS

Amounts falling due after more than one year

8

15,813

15,038

NET LIABILITIES

(1,212

)

(6,308

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,312

)

(6,408

)

(1,212

)

(6,308

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 director and authorised for issue on 18 November 2025 and were signed by:

Miss C J Leveridge - Director

1.	STATUTORY INFORMATION

Leveridges 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

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

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

10,932

NET BOOK VALUE

At 31 March 2025

10,932

At 31 March 2024

10,932

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

25,465

Additions

748

At 31 March 2025

26,213

DEPRECIATION

At 1 April 2024

23,985

Charge for year

961

At 31 March 2025

24,946

NET BOOK VALUE

At 31 March 2025

1,267

At 31 March 2024

1,480

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

21,859

20,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

3,768

8,000

Taxation and social security

2,718

207

Other creditors

14,237

15,846

20,723

24,053

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

15,813

15,038

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end included within debtors is a loan to the directors from the company for the sum of £21,859 (2024:£20,292).