GSR Hair Supplies Ltd - Filleted accounts

Registered number

SC812555

GSR Hair Supplies Ltd

Filleted Accounts

30 June 2026

GSR Hair Supplies Ltd
Registered number:		SC812555
Balance Sheet
as at 30 June 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		624			-

Current assets
Debtors	4	311			-
Cash at bank and in hand		23,424			13,391
		23,735			13,391

Creditors: amounts falling due within one year	5	(13,159)			(12,705)

Net current assets			10,576			686

Net assets			11,200			686

Capital and reserves
Called up share capital			100			100
Profit and loss account			11,100			586

Shareholder's funds			11,200			686

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




G Robertson
Director
Approved by the board on 15 October 2026

GSR Hair Supplies Ltd
Notes to the Accounts
for the year ended 30 June 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Motor Vehicles	Straight Line over 4 years
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	Additions				624
	At 30 June 2026				624

	Depreciation
	At 30 June 2026				-

	Net book value
	At 30 June 2026				624


4	Debtors		2026		2025
£				£

	Other debtors		311		-


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		12,105		11,678
	Other creditors		1,054		1,027
			13,159		12,705


6	Other information

	GSR Hair Supplies Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
	38 Lindsay Circus
	Rosewell
	EH24 9EP