REGISTERED NUMBER: 14643551 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

TAPERHAUS BARBERSHOP LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTOR:

J E Horton

REGISTERED OFFICE:

8 Broad Street

Langley

Oldbury

West Midlands

B69 4SH

REGISTERED NUMBER:

14643551 (England and Wales)

ACCOUNTANTS:

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

BANKERS:

Tide

4th Floor

The Featherstone Building

66 City Road

London

EC1Y 2AL

FIXED ASSETS

Intangible assets

4

8,321

9,521

Tangible assets

5

12,419

16,400

20,740

25,921

CURRENT ASSETS

Stocks

400

525

Debtors

397

504

Cash at bank

5,095

8,652

5,892

9,681

CREDITORS

Amounts falling due within one year

18,468

24,770

NET CURRENT LIABILITIES

(12,576

)

(15,089

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,164

10,832

CREDITORS

Amounts falling due after more than one year

(1,092

)

(3,686

)

PROVISIONS FOR LIABILITIES

6

(2,360

)

(3,116

)

NET ASSETS

4,712

4,030

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

4,612

3,930

SHAREHOLDERS' FUNDS

4,712

4,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 June 2026 and were signed by:

J E Horton - Director

1.	STATUTORY INFORMATION

TaperHaus Barbershop Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

and 28 February 2026

12,000

AMORTISATION

At 1 March 2025

2,479

Amortisation for year

1,200

At 28 February 2026

3,679

NET BOOK VALUE

At 28 February 2026

8,321

At 28 February 2025

9,521

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

and 28 February 2026

25,827

DEPRECIATION

At 1 March 2025

9,427

Charge for year

3,981

At 28 February 2026

13,408

NET BOOK VALUE

At 28 February 2026

12,419

At 28 February 2025

16,400

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

Totals

£

COST

At 1 March 2025

and 28 February 2026

17,040

DEPRECIATION

At 1 March 2025

6,195

Charge for year

2,711

At 28 February 2026

8,906

NET BOOK VALUE

At 28 February 2026

8,134

At 28 February 2025

10,845

6.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,360

3,116

Deferred

tax

£

Balance at 1 March 2025

3,116

Provided during year

(756

)

Balance at 28 February 2026

2,360

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2026 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Bradley Rhodes Limited

Beechcroft House

50 Sedgley Road West

Tipton

West Midlands

DY4 8AB

8 June 2026