Acorah Software Products - Accounts Production 19.2.350 false true 31 August 2024 1 September 2023 false 1 September 2024 31 August 2025 31 August 2025 05011668 Mrs Karly Flitton Ms Abby Whittaker Mrs Theresa Whittaker Mr John Whittaker Mrs Theresa Whittaker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05011668 2024-08-31 05011668 2025-08-31 05011668 2024-09-01 2025-08-31 05011668 frs-core:CurrentFinancialInstruments 2025-08-31 05011668 frs-core:Non-currentFinancialInstruments 2025-08-31 05011668 frs-core:FurnitureFittings 2025-08-31 05011668 frs-core:FurnitureFittings 2024-09-01 2025-08-31 05011668 frs-core:FurnitureFittings 2024-08-31 05011668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-08-31 05011668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 05011668 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 05011668 frs-core:PlantMachinery 2025-08-31 05011668 frs-core:PlantMachinery 2024-09-01 2025-08-31 05011668 frs-core:PlantMachinery 2024-08-31 05011668 frs-core:ShareCapital 2025-08-31 05011668 frs-core:RetainedEarningsAccumulatedLosses 2025-08-31 05011668 frs-bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 05011668 frs-bus:FilletedAccounts 2024-09-01 2025-08-31 05011668 frs-bus:SmallEntities 2024-09-01 2025-08-31 05011668 frs-bus:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 05011668 frs-bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 05011668 frs-bus:Director1 2024-09-01 2025-08-31 05011668 frs-bus:Director2 2024-09-01 2025-08-31 05011668 frs-bus:Director3 2024-09-01 2025-08-31 05011668 frs-bus:Director4 2024-09-01 2025-08-31 05011668 frs-bus:CompanySecretary1 2024-09-01 2025-08-31 05011668 frs-countries:EnglandWales 2024-09-01 2025-08-31 05011668 2023-08-31 05011668 2024-08-31 05011668 2023-09-01 2024-08-31 05011668 frs-core:CurrentFinancialInstruments 2024-08-31 05011668 frs-core:Non-currentFinancialInstruments 2024-08-31 05011668 frs-core:ShareCapital 2024-08-31 05011668 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31
Registered number: 05011668
Hair Academy South West Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05011668
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 494,212 498,264
Investment Properties 5 393,633 393,633
887,845 891,897
CURRENT ASSETS
Stocks 6 10,141 19,500
Debtors 7 23,302 11,989
Cash at bank and in hand 66,703 50,233
100,146 81,722
Creditors: Amounts Falling Due Within One Year 8 (84,003 ) (276,168 )
NET CURRENT ASSETS (LIABILITIES) 16,143 (194,446 )
TOTAL ASSETS LESS CURRENT LIABILITIES 903,988 697,451
Creditors: Amounts Falling Due After More Than One Year 9 (203,228 ) (22,631 )
NET ASSETS 700,760 674,820
CAPITAL AND RESERVES
Called up share capital 10 20 20
Profit and Loss Account 700,740 674,800
SHAREHOLDERS' FUNDS 700,760 674,820
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For the year ending 31 August 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 directors acknowledge 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 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 Profit and Loss Account.
On behalf of the board
Mrs Karly Flitton
Director
Ms Abby Whittaker
Director
25 March 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Hair Academy South West Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05011668 . The registered office is 120 East Reach, Taunton, Somerset, TA1 3HL.
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 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Freehold 2% straight line
Plant & Machinery 20% reducing balance
Fixtures & Fittings 10% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 26 (2024: 24)
26 24
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 September 2024 656,637 353,329 85,352 1,095,318
As at 31 August 2025 656,637 353,329 85,352 1,095,318
Depreciation
As at 1 September 2024 180,573 335,844 80,637 597,054
Provided during the period - 3,580 472 4,052
As at 31 August 2025 180,573 339,424 81,109 601,106
Net Book Value
As at 31 August 2025 476,064 13,905 4,243 494,212
As at 1 September 2024 476,064 17,485 4,715 498,264
5. Investment Property
2025
£
Fair Value
As at 1 September 2024 and 31 August 2025 393,633
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6. Stocks
2025 2024
£ £
Stock 10,141 19,500
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 9,323 2,573
Other debtors 13,979 9,416
23,302 11,989
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 10,669 9,217
Other creditors 37,434 239,862
Taxation and social security 35,900 27,089
84,003 276,168
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 203,228 22,631
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 20 20
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