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Registered number: 06147837
Hair Mekanix Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 06147837
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,061 7,508
4,061 7,508
CURRENT ASSETS
Stocks 6 31,191 28,736
Debtors 7 2,474 2,339
Cash at bank and in hand 26,501 31,115
60,166 62,190
Creditors: Amounts Falling Due Within One Year 8 (59,304 ) (56,224 )
NET CURRENT ASSETS (LIABILITIES) 862 5,966
TOTAL ASSETS LESS CURRENT LIABILITIES 4,923 13,474
Creditors: Amounts Falling Due After More Than One Year 9 (2,056 ) (11,212 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (787 ) (630 )
NET ASSETS 2,080 1,632
CAPITAL AND RESERVES
Called up share capital 11 100 100
Income Statement 1,980 1,532
SHAREHOLDERS' FUNDS 2,080 1,632
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Income Statement.
On behalf of the board
Mrs Gitte Rasmussen
Director
11th January 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hair Mekanix Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06147837 . The registered office is 82 Wandsworth Bridge Road, London, SW6 2TF.
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 represents the value, net of value added tax and discounts, of sales of goods to customers and work carried out in respect of services provided to customers.
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:
Leasehold Property Improvements 10% straight line
Integral Features 10% straight line
Fixtures & Fittings 25% reducing balance
Office Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.5. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. 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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2025 2024
Office and administration 2 2
Sales, marketing and distribution 11 13
13 15
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 147,000
As at 31 March 2025 147,000
Amortisation
As at 1 April 2024 147,000
As at 31 March 2025 147,000
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Land & Property
Leasehold Property Improvements Integral Features Fixtures & Fittings Office Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 50,619 17,812 55,316 2,946 126,693
Additions - - - 1,090 1,090
Disposals - - - (492 ) (492 )
As at 31 March 2025 50,619 17,812 55,316 3,544 127,291
Depreciation
As at 1 April 2024 47,308 17,812 52,575 1,490 119,185
Provided during the period 3,056 - 690 521 4,267
Disposals - - - (222 ) (222 )
As at 31 March 2025 50,364 17,812 53,265 1,789 123,230
Net Book Value
As at 31 March 2025 255 - 2,051 1,755 4,061
As at 1 April 2024 3,311 - 2,741 1,456 7,508
6. Stocks
2025 2024
£ £
Stock 31,191 28,736
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Page 5
7. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 2,246 2,339
Other debtors 228 -
2,474 2,339
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 7,253 5,749
Bank loans and overdrafts 8,598 8,331
Corporation tax 5,590 6,665
Other taxes and social security 13,853 17,244
Other creditors 559 770
Accruals and deferred income 7,751 7,341
Director's loan account 15,700 10,124
59,304 56,224
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,056 11,212
10. Deferred Taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
2025 2024
£ £
Other timing differences 787 630
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.000 each 100 100
Page 5
Page 6
12. Other Commitments
Lease Commitments
At 31 March 2025 the company had the following commitments under non - cancellable operating leases as set out below :
2025 2024
£ £
Not later than one year 24,540 30,040
Later than one year and not later than five years 7,370 31,910
31,910 61,950
13. Pension Commitments
The company operates a defined contribution pension scheme for the benefit of its directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the statement of financial position date unpaid contributions of £657 (2024: £883) were due to the fund and included in Other Creditors.
14. Related Party Transactions
G Rasmussen & O P LodgeDirector and ShareholdersMs Rasmussen and Mr Lodge have lent monies to the company on an unsecured interest free basis. At 31 March 2025 the balance owed to G Rasmussen & O P Lodge amounted to £15,700 (2024: £10,124)

G Rasmussen & O P Lodge

Director and Shareholders

Ms Rasmussen and Mr Lodge have lent monies to the company on an unsecured interest free basis. At 31 March 2025 the balance owed to G Rasmussen & O P Lodge amounted to £15,700 (2024: £10,124)

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