Worth Hairdressing Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10478755

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,070		7,298

			6,070		7,298
CURRENT ASSETS
Stocks	5	4,956		7,658
Debtors	6	3,604		2,250
Cash at bank and in hand		20,982		38,000

		29,542		47,908
Creditors: Amounts Falling Due Within One Year	7	(34,061 )		(50,305 )

NET CURRENT ASSETS (LIABILITIES)			(4,519 )		(2,397 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,551		4,901

Creditors: Amounts Falling Due After More Than One Year	8		-		(4,667 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,153 )		-

NET ASSETS			398		234

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			396		232

SHAREHOLDERS' FUNDS			398		234

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Worth Hairdressing Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Aldworth

Director

27th August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Worth Hairdressing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10478755 . The registered office is 37 Ribblesdale Drive, Ridgeway, Sheffield, S12 3XE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Reducing Balance 25%
Fixtures & Fittings	Reducing Balance 33%
Computer Equipment	Reducing Balance 25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Financial Instruments

Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit or loss account within overheads.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Worth Hairdressing Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	31,655	5,676	37,331
Additions	-	1,082	1,082

As at 30 November 2025	31,655	6,758	38,413

Depreciation
As at 1 December 2024	26,149	3,884	30,033
Provided during the period	1,817	493	2,310

As at 30 November 2025	27,966	4,377	32,343

Net Book Value
As at 30 November 2025	3,689	2,381	6,070

As at 1 December 2024	5,506	1,792	7,298

5. Stocks

	2025	2024
	£	£
Finished goods	4,956	7,658

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Worth Hairdressing Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	232	83
Corporation tax recoverable assets	851	-
Directors' loan accounts	2,521	2,167

	3,604	2,250

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	6,749	12,783
Bank loans and overdrafts	4,667	8,000
Taxation and social security	10,817	12,672
VAT	3,800	4,549
Net wages	3,056	4,672
Other creditors	2,862	5,252
Accruals and deferred income	2,110	2,377

	34,061	50,305

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	4,667

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr Christopher Aldworth	2,167	19,508	(19,154 )	-	2,521

The above loan is unsecured, interest free and repayable on demand.

11. Related Party Transactions

Included within Other Creditors are loans from related parties amounting to £466 (2024 £998). These loans are unsecured, interest free and repayable on demand.

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