The Oast Hair And Beauty Limited iXBRL

Company Registration Number: 08941690

The Oast Hair And Beauty Limited

Unaudited Financial Statements

for the financial year ended 31 March 2025

The Oast Hair And Beauty Limited

CHARTERED CERTIFIED ACCOUNTANTS REPORT

to the director on the preparation of the unaudited statutory accounts of The Oast Hair And Beauty Limited

for the financial year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Oast Hair And Beauty Limited for the financial year ended 31 March 2025 which comprise the Statement of Financial Position and the related notes thereto from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at

<http://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html>

This report is made solely to the Board of Directors of The Oast Hair And Beauty Limited, as a body, in accordance with the terms of our engagement letter . Our work has been undertaken solely to prepare for your approval the accounts of The Oast Hair And Beauty Limited and state those matters that we have agreed to state to the Board of Directors of The Oast Hair And Beauty Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at:

<http://www.accaglobal.com/ie/en/technical-activities/technical-resources-search/2009/october/factsheet-163-audit-exempt-companies.html>

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Oast Hair And Beauty Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Oast Hair And Beauty Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Oast Hair And Beauty Limited. You consider that The Oast Hair And Beauty Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the accounts of The Oast Hair And Beauty Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

__________________________________

HENRY REEVES & CO LIMITED

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

23 December 2025

The Oast Hair And Beauty Limited

Company Registration Number: 08941690

STATEMENT OF FINANCIAL POSITION

as at 31 March 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

286

1,011

─────────

Current Assets

Stocks

17,342

16,199

Debtors

6,179

3,737

Cash at bank and in hand

25,233

15,525

─────────

48,754

35,461

─────────

Creditors: amounts falling due within one year

(50,338)

(42,858)

─────────

Net Current Liabilities

(1,584)

(7,397)

─────────

Total Assets less Current Liabilities

(1,298)

(6,386)

Creditors:

amounts falling due after more than one year

(3,531)

(13,949)

Provisions for liabilities

(54)

(192)

─────────

Net Liabilities

(4,883)

(20,527)

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

(4,983)

(20,627)

─────────

Shareholders' Deficit

(4,883)

(20,527)

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 23 December 2025



________________________________
Wendy Christine Davis
Director

The Oast Hair And Beauty Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2025

General Information

The Oast Hair And Beauty Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 08941690. The registered office of the company is The Oast, Weavering Street, Maidstone, Kent, ME14 5JN which is also the principal place of business of the company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods, rendering of services and rents received.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point of sale.

Turnover from the rendering of services is recognised when the service has been performed.

Rental income is recognised on a straight line basis over the rental term.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2014 has been fully amortised.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Plant and machinery

25% Straight line

Fixtures, fittings and equipment

25% Straight line

Computer Equipment

25% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing

Rentals payable under operating leases are dealt with in the Income Statement as incurred over the period of the rental agreement.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Pensions

The company operates a defined contribution pension scheme for employees. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Going concern

At the time of approving the financial statements the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, the director deems it appropriate to continue to adopt the going concern basis in preparing the financial statements.

Employees

The average monthly number of employees, including director, during the financial year was 8, (2024 - 7).


5.	Intangible assets

		Goodwill	Total
		£	£
	Cost
	At 1 April 2024	43,000	43,000
		─────────	─────────

	At 31 March 2025	43,000	43,000
		─────────	─────────
	Amortisation

	At 31 March 2025	43,000	43,000
		─────────	─────────
	Net book value
	At 31 March 2025	-	-
		═════════	═════════


6.	Tangible assets
		Plant and	Fixtures,	Computer	Total
		machinery	fittings and	Equipment
			equipment
		£	£	£	£
	Cost
	At 1 April 2024	8,053	7,119	2,943	18,115
		─────────	─────────	─────────	─────────

	At 31 March 2025	8,053	7,119	2,943	18,115
		─────────	─────────	─────────	─────────
	Depreciation
	At 1 April 2024	8,053	6,546	2,505	17,104
	Charge for the financial year	-	287	438	725
		─────────	─────────	─────────	─────────
	At 31 March 2025	8,053	6,833	2,943	17,829
		─────────	─────────	─────────	─────────
	Net book value
	At 31 March 2025	-	286	-	286
		═════════	═════════	═════════	═════════
	At 31 March 2024	-	573	438	1,011
		═════════	═════════	═════════	═════════


7.	Stocks	2025	2024
		£	£

	Goods for resale	17,342	16,199
		═════════	═════════


8.	Debtors	2025	2024
		£	£

	Other debtors	6,179	3,737
		═════════	═════════


9.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	10,419	10,162
	Trade creditors	2,421	4,147
	Taxation	24,065	17,641
	Director's current account	2,176	1,883
	Accruals and deferred income	11,257	9,025
		─────────	─────────
		50,338	42,858
		═════════	═════════


10.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	3,531	13,949
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 9)	10,419	10,162
	Repayable between one and two years	3,531	10,418
	Repayable between two and five years	-	3,531
		─────────	─────────
		13,950	24,111
		═════════	═════════


11.	Provisions for liabilities

		Capital	Total	Total
		allowances

			2025	2024
		£	£	£

	At financial year start	192	192	640
	Charged to profit and loss	(138)	(138)	(448)
		─────────	─────────	─────────
	At financial year end	54	54	192
		═════════	═════════	═════════

12.

Pension costs - defined contribution

The company operates a defined contribution pension scheme. Pension costs amounted to £2,734 (2024 - £2,654).

13.

Director's advances, credits and guarantees

Included in creditors falling due within one year is an amount of £2,176 (2024: £1,883) due to Wendy Davis in respect of her directors' loan account. This amount is unsecured, interest free and repayable on demand.