REGISTERED NUMBER: 13488697 (England and Wales)

JACOBS BARBERS TADLEY LTD

PREVIOUSLY KNOWN AS

JACOBSBARBERS888 LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2023 TO 30 NOVEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Hart-Gauntlett

REGISTERED OFFICE:

1b Stratfield Avenue

Tadley

Hampshire

RG26 3UD

REGISTERED NUMBER:

13488697 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,259

1,801

CURRENT ASSETS

Debtors

5

31,862

9,702

Cash at bank

2,587

-

34,449

9,702

CREDITORS

Amounts falling due within one year

6

(18,502

)

(10,569

)

NET CURRENT ASSETS/(LIABILITIES)

15,947

(867

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,206

934

PROVISIONS FOR LIABILITIES

7

(815

)

(450

)

NET ASSETS

18,391

484

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,291

384

18,391

484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 November 2025 and were signed by:

J Hart-Gauntlett - Director

1.	STATUTORY INFORMATION

Jacobs Barbers Tadley 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 FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary

amounts in these financial statements are rounded to the nearest £1.

The principal accounting policies adopted are set out below.

Turnover

Turnover represents chair rental income combined with hairdressing income directly earned by the director, excluding value added tax. The turnover is recognised when the service is performed.

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

-

Straight line over 5 years

Motor vehicles

-

Straight line over 5 years

Computer equipment

-

Straight line over 3 years

Financial instruments

The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2023

-

3,003

-

3,003

Additions

2,043

-

420

2,463

At 30 November 2024

2,043

3,003

420

5,466

DEPRECIATION

At 1 August 2023

-

1,202

-

1,202

Charge for period

181

801

23

1,005

At 30 November 2024

181

2,003

23

2,207

NET BOOK VALUE

At 30 November 2024

1,862

1,000

397

3,259

At 31 July 2023

-

1,801

-

1,801

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

31,862

9,702

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

274

Trade creditors

160

-

Taxation and social security

16,187

2,799

Other creditors

2,155

7,496

18,502

10,569

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

815

450

Deferred tax

£

Balance at 1 August 2023

450

Provided during period

365

Accelerated capital allowances

Balance at 30 November 2024

815

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, advances totalling £31,590 (2023: £9,702) were made to the company's director. £nil (2023: £nil) was repaid prior to the year-end. The balance outstanding at the balance sheet date was £31,590 (2023: £9,702). Interest is payable at the HMRC approved rate and the advances are repayable on demand.