Company Registration No. 12784043 (England and Wales)
Hq London Hair Studios Ltd
Unaudited accounts
for the period from 1 August 2024 to 30 July 2025
Hq London Hair Studios Ltd
Unaudited accounts
Contents
Hq London Hair Studios Ltd
Company Information
for the period from 1 August 2024 to 30 July 2025
Director
Aaron Amarquaye Laryea
Company Number
12784043 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd
Southgate Office Village, Block E
286-A Chase Road
Southgate
London
N14 6HF
Hq London Hair Studios Ltd
Statement of financial position
as at 30 July 2025
Tangible assets
8,520
10,024
Cash at bank and in hand
1,212
1,909
Creditors: amounts falling due within one year
(47,132)
(36,321)
Net current liabilities
(38,807)
(27,956)
Total assets less current liabilities
(30,287)
(17,932)
Creditors: amounts falling due after more than one year
(10,852)
(20,068)
Net liabilities
(41,139)
(38,000)
Called up share capital
98
98
Profit and loss account
(41,237)
(38,098)
Shareholders' funds
(41,139)
(38,000)
For the period ending 30 July 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2026 and were signed on its behalf by
Aaron Amarquaye Laryea
Director
Company Registration No. 12784043
Hq London Hair Studios Ltd
Notes to the Accounts
for the period from 1 August 2024 to 30 July 2025
Hq London Hair Studios Ltd is a private company, limited by shares, registered in England and Wales, registration number 12784043. The registered office is 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Balance Method
Fixtures & fittings
15% Reducing Balance Method
Computer equipment
15% Reducing Balance Method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Hq London Hair Studios Ltd
Notes to the Accounts
for the period from 1 August 2024 to 30 July 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
513
20,329
1,625
22,467
At 30 July 2025
513
20,329
1,625
22,467
At 1 August 2024
338
10,825
1,280
12,443
Charge for the period
26
1,426
52
1,504
At 30 July 2025
364
12,251
1,332
13,947
At 30 July 2025
149
8,078
293
8,520
At 31 July 2024
175
9,504
345
10,024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,216
9,216
Loans from directors
37,241
27,105
7
Creditors: amounts falling due after more than one year
2025
2024
Hq London Hair Studios Ltd
Notes to the Accounts
for the period from 1 August 2024 to 30 July 2025
Allotted, called up and fully paid:
98 Ordinary shares of £1 each
98
98
9
Transactions with related parties
At the balance sheet date, where the director held controlling interest, the company owed the director £37,241.
The company's ultimate controlling party is the shareholder by virtue of his ownership of 100% of the issued share capital in the company.
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Average number of employees
During the period the average number of employees was 1 (2024: 1).