Company registration number SC251133 (Scotland)
THE MANE MAN LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE MANE MAN LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
THE MANE MAN LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,737
4,671
Current assets
Cash at bank and in hand
15,799
13,435
Creditors: amounts falling due within one year
4
(40,398)
(34,869)
Net current liabilities
(24,599)
(21,434)
Total assets less current liabilities
(20,862)
(16,763)
Creditors: amounts falling due after more than one year
5
(439)
(1,479)
Net liabilities
(21,301)
(18,242)
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
7
(21,303)
(18,244)
Total equity
(21,301)
(18,242)
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
THE MANE MAN LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 11 December 2025
Mrs S McCabe
Director
THE MANE MAN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information
The Mane Man Limited is a private company limited by shares incorporated in Scotland. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value.
1.2
Going concern
At the year end, the company had net liabilities of £21,301. The directors have confirmed that they will continue to provide financial support to the company until such time that the financial position improves. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.true
1.3
Turnover
The turnover is shown in the profit and loss account represents revenue recognised by the company in respect of hairdressing services supplied during the period, inclusive of Value Added Tax and any trade discounts if appropriate.
1.4
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 equipment
20% on reducing balance
Fixtures and fittings
20% on reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
1
1
THE MANE MAN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
4,302
3,000
7,302
Depreciation and impairment
At 1 April 2024
860
1,771
2,631
Depreciation charged in the year
688
246
934
At 31 March 2025
1,548
2,017
3,565
Carrying amount
At 31 March 2025
2,754
983
3,737
At 31 March 2024
3,442
1,229
4,671
4
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
1,040
1,014
Other borrowings
37,680
32,249
Trade creditors
1,678
1,606
40,398
34,869
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
439
1,479
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
2
2
2
2
THE MANE MAN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
7
Profit and loss reserves
2025
2024
£
£
At the beginning of the year
(18,244)
(14,040)
Loss for the year
(3,059)
(4,204)
At the end of the year
(21,303)
(18,244)
8
Ultimate controlling party
The controlling party is Mrs S McCabe.