REGISTERED NUMBER: 05989743 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

CTC Hair & Beauty Supplies Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

M J Carpenter

Mrs N S Morris

D J Carpenter

SECRETARY:

M J Carpenter

REGISTERED OFFICE:

19 Trinity Square

Llandudno

Conwy

LL30 2RD

REGISTERED NUMBER:

05989743 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

19 Trinity Square

Llandudno

Conwy

LL30 2RD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

33,967

7,043

33,967

7,043

CURRENT ASSETS

Stocks

166,657

136,294

Debtors

6

44,797

54,347

Cash at bank and in hand

107,513

111,825

318,967

302,466

CREDITORS

Amounts falling due within one year

7

(121,708

)

(126,899

)

NET CURRENT ASSETS

197,259

175,567

TOTAL ASSETS LESS CURRENT LIABILITIES

231,226

182,610

CREDITORS

Amounts falling due after more than one year

8

(16,784

)

(3,198

)

PROVISIONS FOR LIABILITIES

(887

)

(1,636

)

NET ASSETS

213,555

177,776

CAPITAL AND RESERVES

Called up share capital

30,100

30,100

Retained earnings

183,455

147,676

SHAREHOLDERS' FUNDS

213,555

177,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

M J Carpenter - Director

D J Carpenter - Director

Mrs N S Morris - Director

1.	STATUTORY INFORMATION

CTC Hair & Beauty Supplies Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 2006, 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.

Plant and machinery etc

-

33% on reducing balance and 15% on 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

90,000

AMORTISATION

At 1 January 2025

and 31 December 2025

90,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

90,922

Additions

49,167

Disposals

(11,105

)

At 31 December 2025

128,984

DEPRECIATION

At 1 January 2025

83,879

Charge for year

11,138

At 31 December 2025

95,017

NET BOOK VALUE

At 31 December 2025

33,967

At 31 December 2024

7,043

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

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

25,877

DEPRECIATION

At 1 January 2025

and 31 December 2025

17,248

NET BOOK VALUE

At 31 December 2025

8,629

At 31 December 2024

8,629

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,596

2,406

Other debtors

41,201

51,941

44,797

54,347

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,198

6,263

Hire purchase contracts

6,103

-

Trade creditors

77,398

75,256

Taxation and social security

22,621

23,318

Other creditors

12,388

22,062

121,708

126,899

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

3,198

Hire purchase contracts

16,784

-

16,784

3,198

9.	OTHER FINANCIAL COMMITMENTS

The company is committed to pay rent under a non-cancellable tenancy deed. Commitments are due as follows:

£

< 1 year

18,944

1-2 years

19,900

2-5 years

63,352

5 + Years

14,784

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mrs N S Morris

Balance outstanding at start of year

(5,122

)

(1,611

)

Amounts advanced

5,818

14,489

Amounts repaid

-

(18,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

696

(5,122

)

The above loan was repaid within 9 months of the year end.

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company is due £35,000 (2024: £35,000) from Openhome Group Ltd (business owned by Nicol Morris's Husband) in relation to loan advances provided to the company. The loan advances were provided at an interest rate of 5% and repayable upon demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is M J Carpenter.

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CTC Hair & Beauty Supplies Ltd for the year ended 31 December 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CTC Hair & Beauty Supplies Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CTC Hair & Beauty Supplies Ltd and state those matters that we have agreed to state to the Board of Directors of CTC Hair & Beauty Supplies Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CTC Hair & Beauty Supplies Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CTC Hair & Beauty Supplies Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CTC Hair & Beauty Supplies Ltd. You consider that CTC Hair & Beauty Supplies Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CTC Hair & Beauty Supplies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Ltd

Chartered Accountants

19 Trinity Square

Llandudno

Conwy

LL30 2RD

16 July 2026