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Company Registration No. SC482103 (Scotland)
SHM BARBERS LTD Unaudited accounts for the year ended 31 July 2025
SHM BARBERS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SHM BARBERS LTD Company Information for the year ended 31 July 2025
Director
LAURA MARTIN
Company Number
SC482103 (Scotland)
Registered Office
2 VICTORIA PLACE RUTHERGLEN GLASGOW G73 2JP
Accountants
brand jamieson co 2 Victoria Place Rutherglen Glasgow G73 2JP
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SHM BARBERS LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
15,912
18,720
Current assets
Inventories
1,200
3,250
Cash at bank and in hand
7,749
6,616
8,949
9,866
Creditors: amounts falling due within one year
5
(23,930)
(29,817)
Net current liabilities
(14,981)
(19,951)
Total assets less current liabilities
931
(1,231)
Creditors: amounts falling due after more than one year
6
(5,822)
(7,283)
Net liabilities
(4,891)
(8,514)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(4,991)
(8,614)
Shareholders' funds
(4,891)
(8,514)
For the year ending 31 July 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 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 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 20 April 2026 and were signed on its behalf by
LAURA MARTIN Director Company Registration No. SC482103
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SHM BARBERS LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
SHM BARBERS LTD is a private company, limited by shares, registered in Scotland, registration number SC482103. The registered office is 2 VICTORIA PLACE, RUTHERGLEN, GLASGOW, G73 2JP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
15% reducing balance.
Fixtures & fittings
15% reducing balance.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
30,669
33,437
64,106
At 31 July 2025
30,669
33,437
64,106
Depreciation
At 1 August 2024
20,811
24,575
45,386
Charge for the year
1,479
1,329
2,808
At 31 July 2025
22,290
25,904
48,194
Net book value
At 31 July 2025
8,379
7,533
15,912
At 31 July 2024
9,858
8,862
18,720
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SHM BARBERS LTD Notes to the Accounts for the year ended 31 July 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,461
1,461
VAT
2,051
4,766
Taxes and social security
5,921
4,240
Other creditors
54
157
Loans from directors
10,849
16,107
Accruals
3,594
3,086
23,930
29,817
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
5,822
7,283
7
Transactions with related parties
During the year ,no dividends ( 2024 £ 0) were paid to the director.
8
Controlling party
The controlling party is the former director Stephen Hugh Martin.
9
Average number of employees
During the year the average number of employees was 2 (2024: 6).
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