REGISTERED NUMBER: 08452460 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

BLUE HAIR SALON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Thomson

REGISTERED OFFICE:

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

REGISTERED NUMBER:

08452460 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

FIXED ASSETS

Intangible assets

4

40,000

45,000

Tangible assets

5

2,989

2,920

42,989

47,920

CURRENT ASSETS

Stocks

8,000

8,000

Debtors

6

36,770

30,403

Cash at bank

23,338

23,752

68,108

62,155

CREDITORS

Amounts falling due within one year

7

85,185

72,824

NET CURRENT LIABILITIES

(17,077

)

(10,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,912

37,251

CREDITORS

Amounts falling due after more than one year

8

(2,280

)

(23,383

)

PROVISIONS FOR LIABILITIES

(599

)

(672

)

NET ASSETS

23,033

13,196

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

22,933

13,096

SHAREHOLDERS' FUNDS

23,033

13,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 9 January 2026 and were signed by:

C Thomson - Director

1.	STATUTORY INFORMATION

Blue Hair Salon 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 represents net invoiced sales of hairdressing services and products, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

The director has considered the current value of goodwill. The value of the 50% share buy back in 2022 and the 2023 results the goodwill has been assessed at £50,000. The excess goodwill amortisation has therefore been adjusted.

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

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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 8 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

125,000

AMORTISATION

At 1 May 2024

80,000

Amortisation for year

5,000

At 30 April 2025

85,000

NET BOOK VALUE

At 30 April 2025

40,000

At 30 April 2024

45,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

32,962

8,778

1

41,741

Additions

-

1,065

-

1,065

At 30 April 2025

32,962

9,843

1

42,806

DEPRECIATION

At 1 May 2024

32,961

5,860

-

38,821

Charge for year

-

996

-

996

At 30 April 2025

32,961

6,856

-

39,817

NET BOOK VALUE

At 30 April 2025

1

2,987

1

2,989

At 30 April 2024

1

2,918

1

2,920

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,869

Other debtors

36,770

28,534

36,770

30,403

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,148

22,446

Trade creditors

7,027

5,578

Taxation and social security

31,438

28,775

Other creditors

23,572

16,025

85,185

72,824

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,280

23,383

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

C Thomson

Balance outstanding at start of year

21,073

9,073

Amounts advanced

-

12,000

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,073

21,073