REGISTERED NUMBER: 04853042 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Cream Hairdressing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S C Smurthwaite

SECRETARY:

REGISTERED OFFICE:

c/o Trio Accountancy Services

The Limes

Bayshill Road

Cheltenham

Gloucestershire

GL50 3AW

REGISTERED NUMBER:

04853042 (England and Wales)

ACCOUNTANTS:

Trio Accountancy Services Ltd

The Limes

Bayshill Road

Cheltenham

Gloucestershire

GL50 3AW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

15,586

11,383

15,586

11,383

CURRENT ASSETS

Stocks

6,951

7,151

Debtors

6

11,189

11,236

Cash at bank and in hand

19,022

21,907

37,162

40,294

CREDITORS

Amounts falling due within one year

7

52,055

51,216

NET CURRENT LIABILITIES

(14,893

)

(10,922

)

TOTAL ASSETS LESS CURRENT LIABILITIES

693

461

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

593

361

SHAREHOLDERS' FUNDS

693

461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2025 and were signed by:

S C Smurthwaite - Director

1.	STATUTORY INFORMATION

Cream Hairdressing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

100,000

AMORTISATION

At 1 September 2024

and 31 August 2025

100,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

114,421

105,326

181,629

Additions

-

-

-

At 31 August 2025

114,421

105,326

181,629

DEPRECIATION

At 1 September 2024

107,540

104,919

178,578

Charge for year

688

101

610

At 31 August 2025

108,228

105,020

179,188

NET BOOK VALUE

At 31 August 2025

6,193

306

2,441

At 31 August 2024

6,881

407

3,051

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

-

27,394

428,770

Additions

7,750

-

7,750

At 31 August 2025

7,750

27,394

436,520

DEPRECIATION

At 1 September 2024

-

26,350

417,387

Charge for year

1,938

210

3,547

At 31 August 2025

1,938

26,560

420,934

NET BOOK VALUE

At 31 August 2025

5,812

834

15,586

At 31 August 2024

-

1,044

11,383

6.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Directors' current accounts

4,134

1,680

Prepayments and accrued income

5,660

4,015

9,794

5,695

Amounts falling due after more than one year:

Tax

1,395

5,541

Aggregate amounts

11,189

11,236

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

8,334

18,333

Hire purchase contracts

5,623

-

Trade creditors

12,877

9,628

Tax

5,996

7,101

Social security and other taxes

3,560

1,105

VAT

12,765

13,259

Accrued expenses

2,900

1,790

52,055

51,216

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

S C Smurthwaite

Balance outstanding at start of year

1,680

16,720

Amounts advanced

28,454

12,960

Amounts repaid

(26,000

)

(28,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

4,134

1,680

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S C Smurthwaite.