D F Studio (Hair & Beauty) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07187298

D F Studio (Hair & Beauty) Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

D F Studio (Hair & Beauty) Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	6		16,026	15,080

Current assets

Stocks		10,800	6,936
Debtors	7	3,801	6,251
Cash at bank and in hand		25,431	24,563
		--------	--------
		40,032	37,750

Creditors: amounts falling due within one year	8	32,107		30,077
		--------		--------
Net current assets			7,925	7,673
			--------	--------
Total assets less current liabilities			23,951	22,753
			--------	--------
Net assets			23,951	22,753
			--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	23,851	22,653
	--------	--------
Shareholders funds	23,951	22,753
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

D F Studio (Hair & Beauty) Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 13 July 2026 , and are signed on behalf of the board by:

Mrs J Payne
Director

Company registration number: 07187298

D F Studio (Hair & Beauty) Limited

Notes to the Financial Statements

Year ended 31st March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 18 Dalton Square, Lancaster, Lancashire, LA1 1PL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	15% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2025: 11 ).

5. Intangible assets

	Goodwill
	£

Cost
At 1st April 2025 and 31st March 2026	21,055
	--------
Amortisation
At 1st April 2025 and 31st March 2026	21,055
	--------
Carrying amount
At 31st March 2026	–
	--------
At 31st March 2025	–
	--------

6. Tangible assets

	Fixtures and fittings	Total
	£	£

Cost
At 1st April 2025	73,120	73,120
Additions	3,741	3,741
	--------	--------
At 31st March 2026	76,861	76,861
	--------	--------
Depreciation
At 1st April 2025	58,040	58,040
Charge for the year	2,795	2,795
	--------	--------
At 31st March 2026	60,835	60,835
	--------	--------
Carrying amount
At 31st March 2026	16,026	16,026
	--------	--------
At 31st March 2025	15,080	15,080
	--------	--------

7. Debtors

	2026	2025
	£	£

Prepayments and accrued income	3,801	3,556
Other debtors	–	2,695
	-------	-------
	3,801	6,251
	-------	-------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£

Trade creditors	9,293	10,164
Accruals and deferred income	9,201	10,219
Corporation tax	5,034	3,623
Social security and other taxes	7,039	5,833
Director loan accounts	1,540	238
	--------	--------
	32,107	30,077
	--------	--------

9. Director's advances, credits and guarantees

The director has a loan account with the company which remained in credit throughout the year. At the year end the balance was £1,540 (2025 - £238) which is included in creditors.