Wimbledon (T) Hairdressing Limited iXBRL

Wimbledon (T) Hairdressing Limited

FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

WIMBLEDON (T) HAIRDRESSING LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Mrs Sacha Maria Mascolo-Tarbuck
	Mr Christian Francesco Mascolo
	Mr Pierre Patrick Mascolo
	Mrs Pauline Rose Mascolo (Resigned 6 May 2025)


Company Registration Number	12838447


Registered Office	Berkeley House
	Amery Street
	Alton
	Hampshire
	GU34 1HN
	United Kingdom


Independent Auditors	JWR Audit Limited
	24 Picton House
	Hussar Court
	Waterlooville
	Hampshire
	PO7 7SQ
	United Kingdom

WIMBLEDON (T) HAIRDRESSING LIMITED

Company Registration Number: 12838447

BALANCE SHEET

as at 31 August 2025

		2025	2024
	Notes	£	£

Fixed Assets

Intangible assets

547

1,485

Tangible assets

135,953

151,471

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Fixed Assets

136,500

152,956

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Current Assets

Stocks

7,920

6,949

Debtors

107,021

117,217

Cash and cash equivalents

69,756

21,913

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184,697

146,079

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Creditors: amounts falling due within one year

(244,370)

(234,262)

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Net Current Liabilities

(59,673)

(88,183)

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Total Assets less Current Liabilities

76,827

64,773

Provisions for liabilities

(10)

(63)

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Net Assets

76,817

64,710

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Capital and Reserves

Called up share capital

100

100

Retained earnings

76,717

64,610

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Equity attributable to owners of the company

76,817

64,710

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

Approved by the Board and authorised for issue on 30 May 2026 and signed on its behalf by



________________________________
Mrs Sacha Maria Mascolo-Tarbuck
Director

WIMBLEDON (T) HAIRDRESSING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

GENERAL INFORMATION

Wimbledon (T) Hairdressing Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address can be found on the Company Information page.

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

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 August 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

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.

Franchise Costs are being amortised evenly over their estimated useful life of five years.

Franchise costs are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost

in equal instalments over the franchise period.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

20% on reducing balance and 10% on reducing balance

Computer equipment

33% on cost

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Leasing

Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

SIGNIFICANT ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only affects that period or in the period of revision of the revision and future periods if the revision affects both current and future periods.

INFORMATION RELATING TO THE AUDITOR'S REPORT

The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.

The financial statements were audited by JWR Audit Limited.

The Auditor's Report was signed by Katie Wood FCA FCCA (Senior Statutory Auditor) for and on behalf of JWR Audit Limited on 2nd June 2026.

EMPLOYEES

The average number of employees during the year was 17 (2024 - 17).


6.	INTANGIBLE ASSETS

			Total
		£	£
	Cost
	At 1 September 2024	4,688	4,688
		─────────	─────────

	At 31 August 2025	4,688	4,688
		─────────	─────────
	Amortisation
	At 1 September 2024	3,203	3,203
	Charge for financial year	938	938
		─────────	─────────
	At 31 August 2025	4,141	4,141
		─────────	─────────
	Net book value
	At 31 August 2025	547	547
		═════════	═════════
	At 31 August 2024	1,485	1,485
		═════════	═════════


7.	TANGIBLE ASSETS
		Fixtures,	Computer	Total
		fittings and	equipment
		equipment
		£	£	£
	Cost
	At 1 September 2024	227,422	732	228,154
		─────────	─────────	─────────

	At 31 August 2025	227,422	732	228,154
		─────────	─────────	─────────
	Depreciation
	At 1 September 2024	76,582	101	76,683
	Charge for the financial year	15,276	242	15,518
		─────────	─────────	─────────
	At 31 August 2025	91,858	343	92,201
		─────────	─────────	─────────
	Net book value
	At 31 August 2025	135,564	389	135,953
		═════════	═════════	═════════
	At 31 August 2024	150,840	631	151,471
		═════════	═════════	═════════


8.	STOCKS	2025	2024
		£	£

	Finished goods and goods for resale	7,920	6,949
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


9.	DEBTORS	2025	2024
		£	£

	Trade debtors	-	12,024
	Amounts owed by group undertakings	78,029	74,490
	Other debtors	100	100
	Prepayments and accrued income	28,892	30,603
		─────────	─────────
		107,021	117,217
		═════════	═════════


10.	CREDITORS	2025	2024
	Amounts falling due within one year	£	£

	Trade creditors	32,031	29,049
	Amounts owed to group undertakings	136,357	137,442
	Taxation	35,566	30,049
	Other creditors	4,146	4,210
	Accruals	36,270	33,512
		─────────	─────────
		244,370	234,262
		═════════	═════════

11.

DETAILS OF CREDITORS

Security given in respect of creditors

In addition, the company is party to cross-guarantee agreements with Covent Garden (T) Hairdressing Limited, Gloucester Road (T) Hairdressing Limited, Kensington (T) Hairdressing Limited, Mascolo Holdings Limited, North Audley Street (T) Hairdressing Limited, Pixieacre Limited, Shoreditch (T) Hairdressing Limited, Sloane Square (T) Hairdressing Limited, South Kensington (T) Hairdressing Limited, Toni & Guy Holdings Limited, Toni & Guy Limited, Victoria (T) Hairdressing Limited and Wigmore Street (T) Hairdressing Limited, whereby each party guarantees the bank facilities of the others.

The company had not been called upon to make any payments under these guarantees during the year


12.	PROVISIONS FOR LIABILITIES

	The amounts provided for deferred taxation are analysed below:

		Capital	Total	Total
		allowances

			2025	2024
		£	£	£

	At financial year start	63	63	63
	Charged to profit and loss	(53)	(53)	-
		─────────	─────────	─────────
	At financial year end	10	10	63
		═════════	═════════	═════════

13.

CONTROLLING INTEREST

The ultimate controlling party is Mascolo Limited.


14.	SHARE CAPITAL

	Allotted, issued and fully paid

		2025	2024
		£	£

	100 Ordinary	100	100
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