| Registered Number:08964801 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
MH Hair and Beauty Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
MH Hair and Beauty Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
6,739
8,337
2
6,739
8,337
64,112
41,919
3
| Trade and other receivables |
34,968
37,323
4
5,635
| Cash and cash equivalents |
2,539
81,781
104,715
| Trade and other payables: amounts falling due within one year |
(29,573)
(14,121)
5
75,142
67,660
Net current assets
| Total assets less current liabilities |
74,399
83,479
| Trade and other payables: amounts falling due after more than one |
| year |
(11,627)
(1,702)
6
72,697
Net assets
71,852
1
1
72,696
71,851
72,697
71,852
Shareholders' funds
| For the 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 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 proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Ms Melanie Halton Director |
| These financial statements were approved and authorised for issue by the Board on 23 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
MH Hair and Beauty Ltd
Notes to the Financial Statements
Statutory Information
| MH Hair and Beauty Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 08964801. |
Lanskil
Shady Lane, Bromley Cross
Bolton
BL7 9AF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 March 2025
MH Hair and Beauty Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
29,456
775
17,225
11,456
146
-
-
146
11,602
17,225
775
29,602
| Provision for depreciation and impairment |
21,119
193
13,136
7,790
Charge for year
1,744
150
1,022
572
22,863
343
14,158
8,362
3,240
3,067
432
6,739
3,666
4,089
582
8,337
2024
2025
41,919
64,112
| 4. Trade and other receivables |
2024
2025
-
3,318
37,323
31,650
34,968
37,323
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Bank loans and overdraft (secured) |
10,000
10,000
1,306
1,919
| Taxation and social security |
1,042
4,892
1,773
12,762
14,121
29,573
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For the year ended 31 March 2025
MH Hair and Beauty Ltd
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
| Bank loans and overdraft (secured) |
1,702
11,627
| 7. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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