Company registration number: 04909441
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Taylor Phillipps Hairdressing Limited
Pages for filing with the Registrar
Company registration number: 04909441
Taylor Phillipps Hairdressing Limited
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 - 5,600
Tangible assets 5 715 1,214
715 6,814
Current assets
Stocks 3,974 4,329
3,974 4,329
Creditors: amounts falling due within one year
6 (48,509) (51,036)
Net current liabilities (44,535) (46,707)
Total assets less current liabilities (43,820) (39,893)
Creditors: Amounts falling due after more than one year
7 - (3,483)
NET LIABILITIES (43,820) (43,376)
Capital and reserves
Called up share capital 2 2
Profit and loss account (43,822) (43,378)
TOTAL EQUITY (43,820) (43,376)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04909441
Taylor Phillipps Hairdressing Limited
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 3 August 2026 and signed on its behalf by:
Mrs S Taylor, Director
3 August 2026
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Taylor Phillipps Hairdressing Limited
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Taylor Phillipps Hairdressing Limited is a private company registered in England and Wales. Its registered number is 04909441. The company is limited by shares. Its registered office is Taylor Phillipps Hairdressing Ltd, 14a Hill Road, Clevedon, Avon, BS21 7NZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
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.:
Plant and machinery - 20% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Taylor Phillipps Hairdressing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2025 - 4).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 56,000
At 31 March 2026 56,000
Amortisation
At 1 April 2025 50,400
Charge for year 5,600
At 31 March 2026 56,000
Net book value
At 31 March 2026 -
At 31 March 2025 5,600
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Taylor Phillipps Hairdressing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 100,797
At 31 March 2026 100,797
Depreciation
At 1 April 2025 99,583
Charge for year 499
At 31 March 2026 100,082
Net book value
At 31 March 2026 715
At 31 March 2025 1,214
6 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 18,038 22,134
Trade creditors 1,022 429
Amounts owed to directors 114 562
Other creditors 168 179
Taxation 12,656 11,893
VAT payable 13,071 12,674
Social security and other tax 2,020 1,805
Accruals and deferred income 1,420 1,360
48,509 51,036
7 Creditors: amounts falling due after more than one year
2026 2025
£ £
Bank loans - 3,483
8 Guarantees and other financial commitments
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Taylor Phillipps Hairdressing Limited
Notes to the financial statements - continued
for the year ended 31 March 2026
8 Guarantees and other financial commitments - continued
At 31 March 2026 the company was committed to making the following annual payments under non- cancellable operating leases. Operating leases which expire between three and four years £14,400.

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