REGISTERED NUMBER: 08096038 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

John's Hair Design Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss S L Summers

REGISTERED OFFICE:

104 Abbey Street

Nuneaton

Warwickshire

CV11 5BX

REGISTERED NUMBER:

08096038 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,680

11,480

9,680

11,480

CURRENT ASSETS

Stocks

11,250

11,500

Debtors

6

147,382

73,872

Cash at bank and in hand

33,587

152,588

192,219

237,960

CREDITORS

Amounts falling due within one year

7

41,926

46,358

NET CURRENT ASSETS

150,293

191,602

TOTAL ASSETS LESS CURRENT LIABILITIES

159,973

203,082

PROVISIONS FOR LIABILITIES

314

393

NET ASSETS

159,659

202,689

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

159,559

202,589

159,659

202,689

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 August 2025 and were signed by:

Miss S L Summers - Director

1.	STATUTORY INFORMATION

John's Hair Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2013, is being amortised evenly over its estimated useful life of ten 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

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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 Profit and Loss Account, 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 15 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

129,660

AMORTISATION

At 1 April 2024

and 31 March 2025

129,660

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

30,738

5,831

14,839

51,408

DEPRECIATION

At 1 April 2024

24,784

4,653

10,491

39,928

Charge for year

595

118

1,087

1,800

At 31 March 2025

25,379

4,771

11,578

41,728

NET BOOK VALUE

At 31 March 2025

5,359

1,060

3,261

9,680

At 31 March 2024

5,954

1,178

4,348

11,480

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,255

6,405

Amounts owed by group undertakings

141,069

-

Other debtors

-

63,896

Prepayments

4,058

3,571

147,382

73,872

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

5,898

4,184

Tax

15,687

16,895

Social security and other taxes

16,584

21,153

Other creditors

925

1,500

Directors' current accounts

312

-

Accrued expenses

2,520

2,626

41,926

46,358

8.	PENSION COMMITMENTS

Employer pension commitments outstanding at the year end totalled £290 (2024 - £335).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

C Bull

Balance outstanding at start of year

63,895

19,284

Amounts advanced

3,013

44,923

Amounts repaid

(66,908

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

63,895