REGISTERED NUMBER: SC445791 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

HAIRANAGEN LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G Kottaridis

A Kottaridis

REGISTERED OFFICE:

6 Miller Road

Ayr

KA7 2AY

REGISTERED NUMBER:

SC445791 (Scotland)

ACCOUNTANTS:

K M Stewart & Company

6 Miller Road

Ayr

KA7 2AY

BANKERS:

HSBC

100 King Street

Manchester

M60 2HD

FIXED ASSETS

Tangible assets

4

156

207

CURRENT ASSETS

Stocks

5

508

540

Debtors

6

11,549

6,021

Cash at bank and in hand

21,839

44,345

33,896

50,906

CREDITORS

Amounts falling due within one year

7

5,749

12,821

NET CURRENT ASSETS

28,147

38,085

TOTAL ASSETS LESS CURRENT LIABILITIES

28,303

38,292

PROVISIONS FOR LIABILITIES

39

52

NET ASSETS

28,264

38,240

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

28,164

38,140

SHAREHOLDERS' FUNDS

28,264

38,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

G Kottaridis - Director

1.	STATUTORY INFORMATION

Hairanagen Ltd is a private company, limited by shares , registered in Scotland. 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.

Plant and machinery etc

-

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.

Debtors

Debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence that the asset is impaired.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash on hand and cash at bank with a short term of maturity, being twelve months or less, from the opening of the deposit or similar account.

Creditors

Creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 31 March 2024

and 30 March 2025

2,134

DEPRECIATION

At 31 March 2024

1,927

Charge for year

51

At 30 March 2025

1,978

NET BOOK VALUE

At 30 March 2025

156

At 30 March 2024

207

5.

STOCKS

2025

2024

£

£

Stocks

508

540

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,500

2,000

Other debtors

6,049

4,021

11,549

6,021

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,953

3,186

Taxation and social security

-

5,755

Other creditors

3,796

3,880

5,749

12,821

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2025 and 30 March 2024:

2025

2024

£

£

G Kottaridis

Balance outstanding at start of year

(203

)

3,677

Amounts advanced

5,000

-

Amounts repaid

(4,916

)

(3,880

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(119

)

(203

)