REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
FOR |
| SAKS HB LIMITED |
REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2025 |
FOR |
| SAKS HB LIMITED |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
SAKS HB LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
24 St Cuthberts Way |
Darlington |
DL1 1GB |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
BALANCE SHEET |
31 DECEMBER 2025 |
2025 | 2024 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( | ) | ( | ) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ) | ( | ) |
CREDITORS |
Amounts falling due after more than one year | 8 | ( | ) | ( | ) |
PROVISIONS FOR LIABILITIES | 10 | ( | ) | ( | ) |
NET LIABILITIES | ( | ) | ( | ) |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Retained earnings | ( | ) | ( | ) |
SHAREHOLDERS' FUNDS | ( | ) | ( | ) |
| 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. |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
BALANCE SHEET - continued |
31 DECEMBER 2025 |
The financial statements were approved by the Board of Directors and authorised for issue on |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
1. | STATUTORY INFORMATION |
Saks HB Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Saks Hair (Holdings) Limited, the parent undertaking, has confirmed that it will not seek repayment of the amount owed to it if that would prejudice the company's ability to trade. |
On this basis the directors are of the opinion that the accounts should be prepared on a going concern basis. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Intangible fixed assets |
| Goodwill, being the amount paid in connection with the acquisition of a business was being amortised evenly over its estimated useful life of between four and a half and five 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, fittings and equipment - 20% on cost |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving items. |
Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
2. | ACCOUNTING POLICIES - continued |
Leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pensions |
The company contributes to an auto enrolment pension scheme. Contributions payable to the scheme are charged to the profit and loss account in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 January 2025 |
and 31 December 2025 |
AMORTISATION |
At 1 January 2025 |
and 31 December 2025 |
NET BOOK VALUE |
At 31 December 2025 |
At 31 December 2024 |
5. | TANGIBLE FIXED ASSETS |
Fixtures, |
fittings |
and |
equipment |
£ |
COST |
At 1 January 2025 |
Additions |
Disposals | ( | ) |
At 31 December 2025 |
DEPRECIATION |
At 1 January 2025 |
Charge for year |
Eliminated on disposal | ( | ) |
At 31 December 2025 |
NET BOOK VALUE |
At 31 December 2025 |
At 31 December 2024 |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Trade debtors |
Value added tax | 4,057 | 6,024 |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Bank loan |
Trade creditors |
Corporation tax |
Social security and other taxes |
Accruals and deferred income |
Amount owed to parent undertaking | 103,766 | 88,896 |
Amounts owed to associated undertakings |
Director's current account | - | 1,346 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2025 | 2024 |
£ | £ |
Bank loan falling due in two to five years repayable by instalments |
Amount owed to parent undertaking in two to five years |
9. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2025 | 2024 |
£ | £ |
Within one year |
Between one and five years |
10. | PROVISIONS FOR LIABILITIES |
2025 | 2024 |
£ | £ |
Deferred tax | 2,000 | 1,500 |
SAKS HB LIMITED (REGISTERED NUMBER: 08017925) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2025 |
10. | PROVISIONS FOR LIABILITIES - continued |
Deferred |
tax |
£ |
Balance at 1 January 2025 |
Movement | 500 |
Balance at 31 December 2025 |
| All of the deferred tax provision relates to accelerated capital allowances. |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2025 | 2024 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
12. | RELATED PARTY DISCLOSURES |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with its parent and fellow wholly owned subsidiaries within the group. |
During the year the company entered into the following transactions with other related parties: |
Recharged costs, goods and services sold | 2025 | 2024 |
| £ £ |
Kleek Apprenticeships Limited | 1,667 | 200 |
Recharged costs, goods and services received | 2025 | 2024 |
| £ £ |
Saksessories Limited | 8,477 | 6,604 |
Kleek Apprenticeships Limited | 6,848 | 8,100 |
Swan Kee Limited | 23,743 | 18,851 |
The following balances were held with other related parties at the balance sheet date: |
Net amounts owed (to) / from related parties: | 2025 | 2024 |
| | £ £ |
Saksessories Limited | (12,835 | ) | (17,181 | ) |
Kleek Apprenticeships Limited | (33,873 | ) | (47,875 | ) |
Swan Kee Limited | (74,663 | ) | (68,850 | ) |
S Kee - Director | - | (1,346 | ) |
13. | CONTROLLING PARTY |
The company is a 100% subsidiary of Saks Hair (Holdings) Limited a company incorporated in the UK and whose registered office is 24 St Cuthberts Way, Darlington, DL1 1GB. |