HOUSE OF FAMUIR LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D G Roberts

Mrs V M Roberts

REGISTERED OFFICE:

College Farm

Duloe

St Neots

Cambridgeshire

PE19 5HQ

REGISTERED NUMBER:

04160698 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

1 Abbots Quay

Monks Ferry

Birkenhead

CH41 5LH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,463

12,116

6,463

12,116

CURRENT ASSETS

Stocks

387,022

349,676

Debtors

6

693,717

754,049

Cash at bank and in hand

61,912

41,252

1,142,651

1,144,977

CREDITORS

Amounts falling due within one year

7

544,736

550,291

NET CURRENT ASSETS

597,915

594,686

TOTAL ASSETS LESS CURRENT LIABILITIES

604,378

606,802

CREDITORS

Amounts falling due after more than one year

8

3,080

13,265

NET ASSETS

601,298

593,537

CAPITAL AND RESERVES

Called up share capital

500

500

Capital redemption reserve

500

500

Retained earnings

600,298

592,537

601,298

593,537

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 22nd December 2025 and were signed on its behalf by:

D G Roberts - Director

1.	STATUTORY INFORMATION

House of Famuir 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.

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.

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.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Plant and machinery

-

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 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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors

Short term creditors are measured at transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to / from related parties and investments in non-puttable ordinary shares.

Debtors, creditors and loans to / from directors (being repayable on demand) are measured at the undiscounted amount of cash or other consideration expected to be paid.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1st April 2024

and 31st March 2025

6,201

AMORTISATION

At 1st April 2024

and 31st March 2025

6,201

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

17,573

51,574

69,147

DEPRECIATION

At 1st April 2024

14,075

42,956

57,031

Charge for year

3,498

2,155

5,653

At 31st March 2025

17,573

45,111

62,684

NET BOOK VALUE

At 31st March 2025

-

6,463

6,463

At 31st March 2024

3,498

8,618

12,116

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

242,097

151,941

Amounts owed by group undertakings

404,562

519,400

Other debtors

47,058

82,708

693,717

754,049

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

186,763

211,865

Taxation and social security

116,989

80,783

Other creditors

230,984

247,643

544,736

550,291

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,080

13,265

9.	RELATED PARTY DISCLOSURES

Included in other creditors is the sum of £195,249 (2024 - £195,319) owing to Salons Direct Limited, a company in which D G Roberts and Mrs V M Roberts are also director and shareholder.

Included in Trade Debtors is the sum of £87,832 (2024 - £12,006) owed from Salons Direct Limited, a company in which D G Roberts and Mrs V M Roberts are also director and shareholder.

Included in Trade Creditors is the sum of £26,244 (2024 - £70,401) owed to Salons Direct Limited, a company in which D G Roberts and Mrs V M Roberts are also director and shareholder.

Included in other debtors is the sum of £404,562 (2024 - £519,400) owed from HOF Beauty Holdings Limited, a company in which D G Roberts and Mrs V M Roberts are also director and shareholder.