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Company Registration No. 05010611 (England and Wales)
Sabina Hair & Cosmetics (tooting) Ltd Unaudited accounts for the year ended 31 December 2024
Sabina Hair & Cosmetics (tooting) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sabina Hair & Cosmetics (tooting) Ltd Company Information for the year ended 31 December 2024
Director
Wasim RABBANI
Company Number
05010611 (England and Wales)
Registered Office
68 Mitcham Road London SW17 9NA England
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Sabina Hair & Cosmetics (tooting) Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
200,000 
- 
Tangible assets
5
384 
384 
Investment property
6
175,000 
175,000 
375,384 
175,384 
Current assets
Inventories
905,262 
603,331 
Debtors
7
13,062 
- 
Cash at bank and in hand
39,720 
37,374 
958,044 
640,705 
Creditors: amounts falling due within one year
8
(1,141,548)
(742,905)
Net current liabilities
(183,504)
(102,200)
Total assets less current liabilities
191,880 
73,184 
Creditors: amounts falling due after more than one year
9
(120,407)
(20,407)
Net assets
71,473 
52,777 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
71,472 
52,776 
Shareholders' funds
71,473 
52,777 
For the year ending 31 December 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 December 2025 and were signed on its behalf by
Wasim RABBANI Director Company Registration No. 05010611
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Sabina Hair & Cosmetics (tooting) Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Sabina Hair & Cosmetics (tooting) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05010611. The registered office is 68 Mitcham Road, London, SW17 9NA, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
- 
Additions
200,000 
At 31 December 2024
200,000 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
200,000 
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Sabina Hair & Cosmetics (tooting) Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
30,857 
At 31 December 2024
30,857 
Depreciation
At 1 January 2024
30,473 
At 31 December 2024
30,473 
Net book value
At 31 December 2024
384 
At 31 December 2023
384 
6
Investment property
2024 
£ 
Fair value at 1 January 2024
175,000 
At 31 December 2024
175,000 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
13,062 
- 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
464,753 
464,370 
Taxes and social security
8,791 
3,535 
Other creditors
493,004 
275,000 
Loans from directors
175,000 
- 
1,141,548 
742,905 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
120,407 
20,407 
10
Average number of employees
During the year the average number of employees was 8 (2023: 10).
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