REGISTERED NUMBER: 11943176 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

The Attic Hair Studio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Berry-Shah

R Berry-Shah

R V Davis

REGISTERED OFFICE:

2 The Attic Hair Studio

Manor Walk

Market Harborough

England

LE16 9BP

REGISTERED NUMBER:

11943176 (England and Wales)

ACCOUNTANTS:

Connolly Accountants & Business Advisors Ltd

Chartered Certified Accountants

The Stable Yard

25-33 Vicarage Road

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1BN

FIXED ASSETS

Intangible assets

4

2,199

2,945

Tangible assets

5

-

927

2,199

3,872

CURRENT ASSETS

Stocks

1,313

1,313

Debtors

6

2,566

2,914

Cash at bank and in hand

256

178

4,135

4,405

CREDITORS

Amounts falling due within one year

7

28,066

27,143

NET CURRENT LIABILITIES

(23,931

)

(22,738

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,732

)

(18,866

)

CREDITORS

Amounts falling due after more than one year

8

-

1,202

NET LIABILITIES

(21,732

)

(20,068

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(21,832

)

(20,168

)

SHAREHOLDERS' FUNDS

(21,732

)

(20,068

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

R Berry-Shah - Director

1.	STATUTORY INFORMATION

The Attic Hair Studio 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.

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.

Going Concern

These accounts have been prepared on the going concern basis. The company has net liabilities on the balance sheet and is reliant upon the continued support of the directors and external financing.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Computer equipment

-

3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provision of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised costs using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is a contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from related companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised costs, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

7,460

AMORTISATION

At 1 May 2025

4,515

Charge for year

746

At 30 April 2026

5,261

NET BOOK VALUE

At 30 April 2026

2,199

At 30 April 2025

2,945

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2025

and 30 April 2026

8,684

847

9,531

DEPRECIATION

At 1 May 2025

7,757

847

8,604

Charge for year

927

-

927

At 30 April 2026

8,684

847

9,531

NET BOOK VALUE

At 30 April 2026

-

-

-

At 30 April 2025

927

-

927

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

549

1,188

Other debtors

2,017

1,726

2,566

2,914

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts (see note 9)

1,202

1,655

Trade creditors

3,487

5,238

Taxation and social security

5,150

10,770

Other creditors

18,227

9,480

28,066

27,143

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans (see note 9)

-

1,202

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 year

1,202

1,655

Other loans

9,136

1,157

10,338

2,812

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

1,202

Bank loans outstanding at the balance sheet date relate to a bounce back loan. This loan is unsecured and guaranteed by the UK Government. Other loans are unsecured and guaranteed by the directors.

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

-

8,750

11.	PENSION COMMITMENTS

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.

Contributions totalling £223 (2025: £615) were payable to the fund at the balance sheet date and are included in other creditors.