REGISTERED NUMBER: 07956562 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2026

FOR

CAISTERS HAIR LOUNGE LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

5

12,370

16,488

CURRENT ASSETS

Stocks

6

10,136

11,599

Debtors

7

33,883

42,277

Cash at bank and in hand

20,245

12,710

64,264

66,586

CREDITORS

Amounts falling due within one year

8

73,433

77,097

NET CURRENT LIABILITIES

(9,169

)

(10,511

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,201

5,977

CREDITORS

Amounts falling due after more than one year

9

-

(1,667

)

PROVISIONS FOR LIABILITIES

11

(3,093

)

(4,122

)

NET ASSETS

108

188

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

8

88

SHAREHOLDERS' FUNDS

108

188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 May 2026 and were signed on its behalf by:

Mr D J Caister - Director

1.	STATUTORY INFORMATION

Caisters Hair Lounge Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07956562

Registered office:

Pharmacy Chambers

High Street

Wadhurst

East Sussex

TN5 6AP

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office Equipment

-

25% on reducing balance

Fixed assets are originally recorded at cost.

Stocks

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

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet and measured as detailed above.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Finance costs are charged to the profit and loss over the term of the financial asset / liability using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Operating lease commitments

Operating lease commitments are charged through the profit and loss account in the year to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 11 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Office

property

fittings

vehicles

Equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

8,262

30,245

25,390

7,826

71,723

Additions

-

830

-

82

912

Disposals

-

(1,140

)

-

-

(1,140

)

At 31 March 2026

8,262

29,935

25,390

7,908

71,495

DEPRECIATION

At 1 April 2025

7,742

23,455

17,356

6,682

55,235

Charge for year

144

2,069

2,009

261

4,483

Eliminated on disposal

-

(593

)

-

-

(593

)

At 31 March 2026

7,886

24,931

19,365

6,943

59,125

NET BOOK VALUE

At 31 March 2026

376

5,004

6,025

965

12,370

At 31 March 2025

520

6,790

8,034

1,144

16,488

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

25,390

DEPRECIATION

At 1 April 2025

17,356

Charge for year

2,009

At 31 March 2026

19,365

NET BOOK VALUE

At 31 March 2026

6,025

At 31 March 2025

8,034

6.

STOCKS

2026

2025

£

£

Stocks

10,136

11,599

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Directors' current accounts

15,672

25,336

Tax recoverable

7,840

8,362

Prepayments and accrued income

10,371

8,579

33,883

42,277

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,667

10,000

Trade creditors

10,931

9,579

Corporation tax

20,487

18,680

PAYE and social security

3,371

3,095

VAT

16,641

15,898

Other creditors

4,244

2,216

Wages control account

13,724

15,219

Accruals and deferred income

2,368

2,410

73,433

77,097

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

1,667

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

-

3,500

There is a break clause in the lease in July 2019 although the lease expires in July 2025.

11.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

3,093

4,122

Deferred

tax

£

Balance at 1 April 2025

4,122

Credited during year

(1,029

)

Balance at 31 March 2026

3,093

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary share

£1

100

100

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2026, there were loans to directors totalling £15,671 (2025: 25,336). Interest was applied to these loans at the official HMRC beneficial loan rate.