Cicero's Hair Company Limited iXBRL

Cicero's Hair Company Limited

Unaudited Financial Statements

for the financial year ended 30 November 2025

Cicero's Hair Company Limited

Directors and Other Information


Directors	Mrs N Reynolds
	Mr G Cicero


Company Secretary	Mrs N Reynolds


Company Registration Number	07073586


Registered Office	1 Sea Road
	Littlehampton
	West Sussex
	BN16 1JN


Accountants	Four Fifty Partnership
	Chartered Accountants
	34 Boulevard
	Somerset
	BS23 1NF

Cicero's Hair Company Limited

Company Registration Number: 07073586

Balance Sheet

as at 30 November 2025

		2025	2024
	Notes	£	£

Fixed Assets

Tangible assets

435

580

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Current Assets

Debtors

15,910

17,681

Cash at bank and in hand

990

735

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16,900

18,416

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Creditors: amounts falling due within one year

(21,017)

(16,348)

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Net Current (Liabilities)/Assets

(4,117)

2,068

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Total Assets less Current Liabilities

(3,682)

2,648

Creditors:

amounts falling due after more than one year

(2,338)

(5,677)

Provisions for liabilities

(82)

(110)

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Net Liabilities

(6,102)

(3,139)

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

(6,202)

(3,239)

─────────

Shareholders' Deficit

(6,102)

(3,139)

═════════

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 30 November 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 28 August 2026 and signed on its behalf by

________________________________

Mrs N Reynolds

Director

________________________________

Mr G Cicero

Director

Cicero's Hair Company Limited

Notes to the Financial Statements

for the financial year ended 30 November 2025

General Information

Cicero's Hair Company Limited is a company limited by shares incorporated and registered in the United Kingdom.

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 30 November 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 fair value of goods supplied by the company, exclusive of trade discounts and value added tax. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

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% reducing balance

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.

Trade and other debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business. 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.

Cash at bank and in hand

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Balance Sheet bank overdrafts are shown within Creditors.

Borrowing costs

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being

recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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 creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. 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. The assets of the scheme are held separately from those of the company in an independently administered fund.

Taxation and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. 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.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Financial Instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Employees

The average monthly number of employees, including directors, during the financial year was:

2025

2024

Number

Number

Employees

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4.	Tangible assets
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 December 2024	4,815	4,815
		─────────	─────────

	At 30 November 2025	4,815	4,815
		─────────	─────────
	Depreciation
	At 1 December 2024	4,235	4,235
	Charge for the financial year	145	145
		─────────	─────────
	At 30 November 2025	4,380	4,380
		─────────	─────────
	Net book value
	At 30 November 2025	435	435
		═════════	═════════
	At 30 November 2024	580	580
		═════════	═════════


5.	Debtors	2025	2024
		£	£

	Other debtors	3,334	3,333
	Directors' current accounts (Note 9)	12,576	14,348
		─────────	─────────
		15,910	17,681
		═════════	═════════

Creditors

2025

2024

Amounts falling due within one year

Bank loan

5,045

3,800

Trade creditors

3,106

Taxation

7,614

6,655

Other creditors

484

Accruals:

Pension accrual

2,022

337

Other accruals

2,746

5,556

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21,017

16,348

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Creditors include bank loans which are secured of £10,000 (2024 - £10,000).


7.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	2,338	5,677
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 6)	5,045	3,800
	Repayable between one and two years	2,338	3,790
	Repayable between two and five years	-	1,887
		─────────	─────────
		7,383	9,477
		═════════	═════════


8.	Provisions for liabilities

	The amounts provided for deferred taxation are analysed below:

		Capital	Total
		allowances

		2025	2024
		£	£

	At financial year start	110	146
	Charged to profit and loss	(28)	(36)
		─────────	─────────
	At financial year end	82	110
		═════════	═════════

Directors' advances, credits and guarantees

During the year , the company made various advances to the director N Reynolds. The movement and balance on the overdrawn director's current account are as follows:.

Opening balance as at 1 December 2024: £6,993

Amounts advanced by the company: £14,156

Amounts repaid by the director: (£15,874)

Closing balance as at 30 November 2025: £5,274

The loan is unsecured , interest charged at the official rate and repayable on demand . No guarantees have been given or received in relation to this advance.

During the year , the company made various advances to the director G Cicero. The movement and balance on the overdrawn director's current account are as follows:.

Opening balance as at 1 December 2024: £7,355

Amounts advanced by the company: £11,972

Amounts repaid by the director: (£11,970)

Closing balance as at 30 November 2025: £7,357

The loan is unsecured , interest charged at the official rate and repayable on demand . No guarantees have been given or received in relation to this advance.