Sharp Fade Barbers Limited

Sharp Fade Barbers Limited
Statement of Financial Position
As at 31 March 2026

	2026
	£	£
Fixed assets		9,896
Current assets	2,584
Creditors: amount falling due within one year	(3,184)
Net current assets		(600)
Total assets less current liabilities		9,296
Creditors: amount falling due after more than one year		(1,974)
Net assets		7,322


Capital and reserves		7,322

NOTES TO THE ACCOUNTS

General Information

Sharp Fade Barbers Limited is a private company, limited by shares, registered in England and Wales, registration number 16333615, registration address 37A Winsover Road, Spalding, PE11 1EG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

18% Reducing Balance

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 21 March 2025	-	-
Additions	10,000	10,000
Disposals	-	-
At 31 March 2026	10,000	10,000
Depreciation
At 21 March 2025	-	-
Charge for period	104	104
On disposals	-	-
At 31 March 2026	104	104
Net book values
Closing balance as at 31 March 2026	9,896	9,896
Opening balance as at 21 March 2025	-	-

3.	Average number of employees Average number of employees during the period was 6.

For the period ended 31 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 accounts for the period in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 13 August 2026 and were signed by:

--------------------------------
Mohammed Khalid Chachan
Director

Registered Number: 16333615
England and Wales
SHARP FADE BARBERS LIMITED

Abridged Accounts

Period of accounts Start date: 21 March 2025 End date: 31 March 2026