SELA HAIR AND BEAUTY LTD

SELA HAIR AND BEAUTY LTD
Directors' Report
For the year ended 31 May 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 May 2025.

Principal activities

Principal activity of the company during the financial year was of trading of hair and beauty products.

Directors

The directors who served the company throughout the year were as follows:

Jang Un Han

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:

----------------------------------
Jang Un Han
Director

Date approved: 30 May 2026

SELA HAIR AND BEAUTY LTD
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	836	2,239
		836	2,239
Current assets
Stocks	4	60,500	60,700
Debtors: amounts falling due within one year	5	1	1
Cash at bank and in hand		9,963	17,062
		70,464	77,763
Creditors: amount falling due within one year	6	(70,991)	(74,854)
Net current assets		(527)	2,909

Total assets less current liabilities		309	5,148
Net assets		309	5,148

Capital and reserves
Profit and loss account		309	5,148
Shareholders' funds		309	5,148

For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 financial statements were approved by the board of directors on 30 May 2026 and were signed on its behalf by:

-------------------------------
Jang Un Han
Director

SELA HAIR AND BEAUTY LTD
Notes to the Financial Statements
For the year ended 31 May 2025

General Information

SELA HAIR AND BEAUTY LTD is a private company, limited by shares, registered in , registration number 10164351, registration address 29 LONG LANE, LONDON UNITED KINGDOM, N3 2PS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 June 2024	371	6,660	7,031
Additions	-	-	-
Disposals	-	-	-
At 31 May 2025	371	6,660	7,031
Depreciation
At 01 June 2024	279	4,513	4,792
Charge for year	93	1,310	1,403
On disposals	-	-	-
At 31 May 2025	372	5,823	6,195
Net book values
Closing balance as at 31 May 2025	(1)	837	836
Opening balance as at 01 June 2024	92	2,147	2,239

Stocks

	2025 £		2024 £
Stocks	60,500		60,700
	60,500		60,700

Debtors: amounts falling due within one year

	2025 £		2024 £
Corporation Tax	1		1
	1		1

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	24,448	64,648
BARCLAYLOAN	559	559
Other Creditors	(2)	(1)
Directors' Current Accounts	44,841	6,633
VAT	1,145	3,015
	70,991	74,854

Share Capital

Authorised
1 Class A share of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
1 Class A share of £1.00 each	1		1
	1		1

Registered Number: 10164351

SELA HAIR AND BEAUTY LTD

Unaudited Financial Statements

Period of accounts Start date: 01 June 2024 End date: 31 May 2025