WAVE HAIR STUDIO LTD


Director	JACKSON, Fiona


Registered Address	44 44 Almond Green
	Edinburgh
	EH12 8UA


Registered Number	SC691328 (Scotland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		10,024		11,541
			10,024		11,541
Current assets
Debtors		17,131		10,407
Cash at bank and on hand		244		3,680
		17,375		14,087
Creditors amounts falling due within one year	4	(12,605)		(9,580)
Net current assets (liabilities)			4,770		4,507
Total assets less current liabilities			14,794		16,048
Creditors amounts falling due after one year	5		(15,948)		(20,603)
Net assets			(1,154)		(4,555)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(1,254)		(4,655)
Shareholders' funds			(1,154)		(4,555)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 24 April 2026, and are signed on its behalf by:

JACKSON, Fiona
Director
Registered Company No. SC691328

WAVE HAIR STUDIO LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Vehicles	25
	Office Equipment	25

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	25,170	4,066	29,236
Additions	-	2,993	2,993
At 31 March 26	25,170	7,059	32,229
Depreciation and impairment
At 01 April 25	14,865	2,830	17,695
Charge for year	3,716	794	4,510
At 31 March 26	18,581	3,624	22,205
Net book value
At 31 March 26	6,589	3,435	10,024
At 31 March 25	10,305	1,236	11,541

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	7,382	1,868
Taxation and social security	5,223	7,712
Total	12,605	9,580

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	15,948	20,603
Total	15,948	20,603