Salons Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02342708 (England and Wales)

Unaudited Financial Statements for the Year Ended 24 December 2025

for

Salons Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B D Cocks

Mrs T Frost

M A Harrison

U Mahmud

Mrs L K McVeigh

I Page

Mrs K U Kolendarska

Mrs A C Miller

Ms R M Dean

Dr A Shaul

Mrs E F Neale

D L Martineau

Ms N B Shaul

Ms M E Shillingford

Ms P P Cohen

REGISTERED OFFICE:

Unit 3

Colindale Technology Park

Colindeep Lane

London

NW9 6BX

REGISTERED NUMBER:

02342708 (England and Wales)

CURRENT ASSETS

Debtors

4

40,733

36,077

Cash at bank

167,239

148,598

207,972

184,675

CREDITORS

Amounts falling due within one year

5

60,875

61,563

NET CURRENT ASSETS

147,097

123,112

TOTAL ASSETS LESS CURRENT
LIABILITIES

147,097

123,112

CAPITAL AND RESERVES

Called up share capital

6

25

Capital redemption reserve

7

3

Funds for longer term

maintenance

7

147,069

123,084

SHAREHOLDERS' FUNDS

147,097

123,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 September 2026 and were signed on its behalf by:

U Mahmud - Director

1.	STATUTORY INFORMATION

Salons Management 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 (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Income

Income represents the amount receivable from leaseholders in respect of levies made to recover operating costs.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.12.25

24.12.24

£

Service charge debtors

10,736

7,528

Deficit recoverable from

leaseholders

6,455

-

Other debtors

13,851

14,495

VAT

9,491

-

Prepayments

200

14,054

40,733

36,077

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.12.25

24.12.24

£

Trade creditors

16,682

12,287

Surplus repayable to

Leaseholders

-

11,521

Service Charges received in

advance

19,689

19,810

VAT

-

174

Other creditors

17,668

-

Accrued expenses

6,836

17,771

60,875

61,563

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

24.12.25

24.12.24

value:

£

25

Ordinary

£1

25

7.

RESERVES

Funds for

Capital

longer

Retained

redemption

term

earnings

reserve

maintenance

Totals

£

At 25 December 2024

-

3

123,084

123,087

Profit for the year

17,530

Transfer to Funds For Longer

Term Maintenance

(23,985

)

-

23,985

-

Recoverable from Leaseholders

6,455

-

6,455

At 24 December 2025

-

3

147,069

147,072

8.	BANK ACCOUNTS

For the period of these accounts, monies maintained by the managing agents, Fresh Property Management Limited, were and are held by way of a statutory trust, in interest bearing no notice designated client bank accounts as follows:

1) Barclays Bank Plc - Leicester

The titles designated on these accounts were as follows:

1) FPM Des Westpoint

This is in accordance with Section 42 and Section 42A of the Landlord and Tenant Act 1987.

9.

TAXATION

The company operates on a mutual trading basis and is not liable to Corporation Tax. Funds held by the company on behalf of the residents are deemed to be a trust under Section 42 of the Landlord & Tenant Act 1987 and liable to taxation of 20% on interest received.