Company Registration No. 14731774 (England and Wales)
Goodfellas Barbers Ltd
Unaudited accounts
for the year ended 31 March 2025
Goodfellas Barbers Ltd
Unaudited accounts
Contents
Goodfellas Barbers Ltd
Company Information
for the year ended 31 March 2025
Director
Mr Ali Barzan SALIH
Company Number
14731774 (England and Wales)
Registered Office
77 Belgrave Road
Ilford
Essex
IG1 3AL
England
Accountants
Aram Salam
49 York Road
Ilford
IG1 3AD
Goodfellas Barbers Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
2,000
2,000
Tangible assets
2,672
3,020
Cash at bank and in hand
565
1,527
Creditors: amounts falling due within one year
(2,278)
(2,505)
Net current liabilities
(1,131)
(978)
Total assets less current liabilities
3,541
4,042
Creditors: amounts falling due after more than one year
(4,150)
(2,000)
Net (liabilities)/assets
(609)
2,042
Called up share capital
1
1
Profit and loss account
(610)
2,041
Shareholders' funds
(609)
2,042
For the year ending 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 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 31 December 2025 and were signed on its behalf by
Mr Ali Barzan SALIH
Director
Company Registration No. 14731774
Goodfellas Barbers Ltd
Notes to the Accounts
for the year ended 31 March 2025
Goodfellas Barbers Ltd is a private company, limited by shares, registered in England and Wales, registration number 14731774. The registered office is 77 Belgrave Road, Ilford, Essex, IG1 3AL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Goodfellas Barbers Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
648
3,127
3,775
At 31 March 2025
648
3,447
4,095
At 1 April 2024
130
625
755
Charge for the year
104
564
668
At 31 March 2025
234
1,189
1,423
At 31 March 2025
414
2,258
2,672
At 31 March 2024
518
2,502
3,020
Amounts falling due within one year
Accrued income and prepayments
582
-
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,151
1,374
Loans from directors
427
431
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
4,150
2,000
9
Average number of employees
During the year the average number of employees was 5 (2024: 3).