St Helens (T) Hairdressing Limited iXBRL

St Helens (T) Hairdressing Limited

UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 31 August 2025

ST HELENS (T) HAIRDRESSING LIMITED

DIRECTORS AND OTHER INFORMATION


Directors	Mr Rodger Price
	Ms Paula Price


Company Registration Number	05197829


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


Accountants	Styles & Associates Limited
	BERKELEY HOUSE
	AMERY STREET
	GU341HN
	United Kingdom

ST HELENS (T) HAIRDRESSING LIMITED

Company Registration Number: 05197829

BALANCE SHEET

as at 31 August 2025

		2025	2024
	Notes	£	£

Fixed Assets

Intangible assets

2,493

3,853

Tangible assets

1,665

1,383

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Fixed Assets

4,158

5,236

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Current Assets

Stocks

1,337

1,468

Debtors

24,943

19,831

Cash and cash equivalents

3,095

3,316

─────────

29,375

24,615

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Creditors: amounts falling due within one year

(84,144)

(84,088)

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Net Current Liabilities

(54,769)

(59,473)

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Total Assets less Current Liabilities

(50,611)

(54,237)

Creditors:

amounts falling due after more than one year

(15,000)

(15,000)

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Net Liabilities

(65,611)

(69,237)

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Capital and Reserves

Called up share capital

60,000

60,000

Retained earnings

(125,611)

(129,237)

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Equity attributable to owners of the company

(65,611)

(69,237)

═════════

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.

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 14 August 2026 and signed on its behalf by



________________________________
Mr Rodger Price
Director

ST HELENS (T) HAIRDRESSING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2025

GENERAL INFORMATION

St Helens (T) Hairdressing Limited 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 (£).

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

Franchise Costs

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.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. 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

25% 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.

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.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

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.

Employee 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.

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.

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 affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

GOING CONCERN

The company meets its day to day working capital requirements through group funding and Mascolo Limited, who also provide ongoing support for the company in the form of extended supplier credits. The directors consider that it is appropriate to prepare the financial statements on a going concern basis as they expect the company to be able to continue to trade within the facilities made available.

EMPLOYEES

The average number of employees during the year was 5 (2024 - 5).


6.	INTANGIBLE ASSETS
		Franchise
		Costs	Total
		£	£
	Cost
	At 1 September 2024	6,800	6,800
		─────────	─────────

	At 31 August 2025	6,800	6,800
		─────────	─────────
	Amortisation
	At 1 September 2024	2,947	2,947
	Charge for financial year	1,360	1,360
		─────────	─────────
	At 31 August 2025	4,307	4,307
		─────────	─────────
	Net book value
	At 31 August 2025	2,493	2,493
		═════════	═════════
	At 31 August 2024	3,853	3,853
		═════════	═════════


7.	TANGIBLE ASSETS
		Fixtures,	Computer	Total
		fittings and	equipment
		equipment
		£	£	£
	Cost
	At 1 September 2024	143,838	600	144,438
	Additions	-	775	775
		─────────	─────────	─────────
	At 31 August 2025	143,838	1,375	145,213
		─────────	─────────	─────────
	Depreciation
	At 1 September 2024	142,741	314	143,055
	Charge for the financial year	274	219	493
		─────────	─────────	─────────
	At 31 August 2025	143,015	533	143,548
		─────────	─────────	─────────
	Net book value
	At 31 August 2025	823	842	1,665
		═════════	═════════	═════════
	At 31 August 2024	1,097	286	1,383
		═════════	═════════	═════════


8.	STOCKS	2025	2024
		£	£

	Finished goods and goods for resale	1,337	1,468
		═════════	═════════

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


9.	DEBTORS	2025	2024
		£	£

	Other debtors	21,125	14,625
	Prepayments and accrued income	3,818	5,206
		─────────	─────────
		24,943	19,831
		═════════	═════════


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

	Bank loan	10,000	10,000
	Trade creditors	42,017	51,800
	Taxation	18,297	10,895
	Directors' current accounts	212	-
	Other creditors	564	535
	Accruals	13,054	10,858
		─────────	─────────
		84,144	84,088
		═════════	═════════


11.	CREDITORS	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	15,000	15,000
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 10)	10,000	10,000
	Repayable between one and two years	10,000	10,000
	Repayable between two and five years	5,000	5,000
		─────────	─────────
		25,000	25,000
		═════════	═════════

12.

CONTROLLING INTEREST

There is no ultimate controlling party.


13.	SHARE CAPITAL

	Allotted, issued and fully paid:

		2025	2024
		£	£

	60,000 Ordinary £1	60,000	60,000
		═════════	═════════

14.

FINANCIAL COMMITMENTS

Total future minimum lease payments under non-cancellable operating leases are as follows:

2025

2024

Within one year

21,000

21,000

Between one and five years

17,010

38,010

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38,010

59,010

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15.

DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ending 31 August 2025 and 31 August 2024

R Price

2025

2024

Amounts advanced

324

Amounts repaid

(536)

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(212)

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