Acorah Software Products - Accounts Production 16.8.200 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 06252446 Mr Daniel Benson Mrs Penny Benson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06252446 2024-05-31 06252446 2025-05-31 06252446 2024-06-01 2025-05-31 06252446 frs-core:CurrentFinancialInstruments 2025-05-31 06252446 frs-core:ComputerEquipment 2025-05-31 06252446 frs-core:ComputerEquipment 2024-06-01 2025-05-31 06252446 frs-core:ComputerEquipment 2024-05-31 06252446 frs-core:FurnitureFittings 2025-05-31 06252446 frs-core:FurnitureFittings 2024-06-01 2025-05-31 06252446 frs-core:FurnitureFittings 2024-05-31 06252446 frs-core:MotorVehicles 2024-06-01 2025-05-31 06252446 frs-core:PlantMachinery 2025-05-31 06252446 frs-core:PlantMachinery 2024-06-01 2025-05-31 06252446 frs-core:PlantMachinery 2024-05-31 06252446 frs-core:ShareCapital 2025-05-31 06252446 frs-core:RetainedEarningsAccumulatedLosses 2024-06-01 2025-05-31 06252446 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 06252446 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 06252446 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 06252446 frs-bus:SmallEntities 2024-06-01 2025-05-31 06252446 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 06252446 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 06252446 frs-bus:Director1 2024-06-01 2025-05-31 06252446 frs-bus:Director2 2024-06-01 2025-05-31 06252446 frs-countries:EnglandWales 2024-06-01 2025-05-31 06252446 2023-05-31 06252446 2024-05-31 06252446 2023-06-01 2024-05-31 06252446 frs-core:CurrentFinancialInstruments 2024-05-31 06252446 frs-core:ShareCapital 2023-05-31 06252446 frs-core:ShareCapital 2024-05-31 06252446 frs-core:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 06252446 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-05-31 06252446 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 06252446
Mint Hairdressing Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
JHB Accountancy Services
Contents
Page
Balance Sheet 1
Statement of Changes in Equity 2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06252446
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,683 4,889
5,683 4,889
CURRENT ASSETS
Debtors 5 4,679 5,851
Cash at bank and in hand 76,671 94,397
81,350 100,248
Creditors: Amounts Falling Due Within One Year 6 (52,309 ) (64,240 )
NET CURRENT ASSETS (LIABILITIES) 29,041 36,008
TOTAL ASSETS LESS CURRENT LIABILITIES 34,724 40,897
NET ASSETS 34,724 40,897
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 34,723 40,896
SHAREHOLDERS' FUNDS 34,724 40,897
For the year ending 31 May 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Daniel Benson
Director
Mrs Penny Benson
Director
23rd December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 1
Page 2
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 June 2023 1 35,113 35,114
Profit for the year and total comprehensive income - 50,783 50,783
Dividends paid - (45,000) (45,000)
As at 31 May 2024 and 1 June 2024 1 40,896 40,897
Profit for the year and total comprehensive income - 46,327 46,327
Dividends paid - (52,500) (52,500)
As at 31 May 2025 1 34,723 34,724
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mint Hairdressing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06252446 . The registered office is 18 Clandon Avenue, Thorpe, Egham, Surrey, TW20 8LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
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 that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: 6)
7 6
Page 3
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 - 54,619 3,614 58,233
Additions 2,680 - - 2,680
As at 31 May 2025 2,680 54,619 3,614 60,913
Depreciation
As at 1 June 2024 - 50,463 2,881 53,344
Provided during the period 670 1,039 177 1,886
As at 31 May 2025 670 51,502 3,058 55,230
Net Book Value
As at 31 May 2025 2,010 3,117 556 5,683
As at 1 June 2024 - 4,156 733 4,889
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,679 1,381
Prepayments and accrued income - 4,124
Other debtors - 346
4,679 5,851
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 986 2,805
Bank loans and overdrafts 4,176 8,255
Corporation tax 19,938 27,700
Other taxes and social security 1,088 2,590
VAT 14,182 11,669
Net wages 8,928 5,151
Other creditors 1,656 1,162
Accruals and deferred income 600 600
Directors' loan accounts 755 4,308
52,309 64,240
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4