REGISTERED NUMBER: 11472002 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Prestige Hair & Beauty Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

4,327

4,327

Tangible assets

5

682

909

5,009

5,236

Current assets

Debtors

6

158,753

107,110

Cash at bank

3,090

9,969

161,843

117,079

Creditors

Amounts falling due within one year

7

(41,296

)

(12,149

)

Net current assets

120,547

104,930

Total assets less current liabilities

125,556

110,166

Creditors

Amounts falling due after more than one year

8

(59,716

)

(82,356

)

Net assets

65,840

27,810

Capital and reserves

Called up share capital

100

100

Retained earnings

10

65,740

27,710

Shareholders' funds

65,840

27,810

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 July 2026 and were signed by:

Miss Fozia Anyat - Director

1.	Statutory information

Prestige Hair & Beauty Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11472002

Registered office:

Marshall House, Suite 21/25

124 Middleton Raod

Morden

SM4 6RW

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 0, is being amortised evenly over its estimated useful life of nil 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.

Taxation

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

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 4 (2024 - 4 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 August 2024

and 31 July 2025

4,327

Net book value

At 31 July 2025

4,327

At 31 July 2024

4,327

5.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 August 2024

and 31 July 2025

3,967

Depreciation

At 1 August 2024

3,058

Charge for year

227

At 31 July 2025

3,285

Net book value

At 31 July 2025

682

At 31 July 2024

909

6.

Debtors: amounts falling due within one year

31.7.25

31.7.24

£

£

Trade debtors

65,250

33,500

Other debtors

74,469

54,576

Staff loans

19,034

19,034

158,753

107,110

7.

Creditors: amounts falling due within one year

31.7.25

31.7.24

£

£

Bank loans and overdrafts (see note 9)

20,172

-

Trade creditors

8,339

8,338

Corporation tax

10,785

1,811

Other creditors

2,000

2,000

41,296

12,149

8.

Creditors: amounts falling due after more than one year

31.7.25

31.7.24

£

£

Bank loans (see note 9)

59,716

82,356

9.

Loans

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

20,172

-

Amounts falling due between one and two years:

Bank loans > 1 year

16,214

25,714

Amounts falling due between two and five years:

Bank loans - 2-5 years

43,502

56,642

10.

Reserves

Retained

earnings

£

At 1 August 2024

27,710

Profit for the year

38,030

At 31 July 2025

65,740