Acorah Software Products - Accounts Production 19.3.550 false true 31 July 2025 1 August 2024 false 1 August 2025 31 July 2026 31 July 2026 13538198 Mrs Alexandra Lepadatu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13538198 2025-07-31 13538198 2026-07-31 13538198 2025-08-01 2026-07-31 13538198 frs-core:CurrentFinancialInstruments 2026-07-31 13538198 frs-core:Non-currentFinancialInstruments 2026-07-31 13538198 frs-core:ComputerEquipment 2026-07-31 13538198 frs-core:ComputerEquipment 2025-08-01 2026-07-31 13538198 frs-core:ComputerEquipment 2025-07-31 13538198 frs-core:ShareCapital 2026-07-31 13538198 frs-core:RetainedEarningsAccumulatedLosses 2026-07-31 13538198 frs-bus:PrivateLimitedCompanyLtd 2025-08-01 2026-07-31 13538198 frs-bus:FilletedAccounts 2025-08-01 2026-07-31 13538198 frs-bus:SmallEntities 2025-08-01 2026-07-31 13538198 frs-bus:AuditExempt-NoAccountantsReport 2025-08-01 2026-07-31 13538198 frs-bus:SmallCompaniesRegimeForAccounts 2025-08-01 2026-07-31 13538198 frs-bus:Director1 2025-08-01 2026-07-31 13538198 frs-countries:EnglandWales 2025-08-01 2026-07-31 13538198 2024-07-31 13538198 2025-07-31 13538198 2024-08-01 2025-07-31 13538198 frs-core:CurrentFinancialInstruments 2025-07-31 13538198 frs-core:Non-currentFinancialInstruments 2025-07-31 13538198 frs-core:ShareCapital 2025-07-31 13538198 frs-core:RetainedEarningsAccumulatedLosses 2025-07-31
Registered number: 13538198
Masters In Beauty Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2026
67 Meridian Centre
Havant
Hampshire
PO9 1UN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13538198
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 383 383
383 383
CURRENT ASSETS
Debtors 5 1,432 5,309
Cash at bank and in hand 6,559 21,792
7,991 27,101
Creditors: Amounts Falling Due Within One Year 6 (37,314 ) (31,356 )
NET CURRENT ASSETS (LIABILITIES) (29,323 ) (4,255 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,940 ) (3,872 )
Creditors: Amounts Falling Due After More Than One Year 7 (5,442 ) (16,360 )
NET LIABILITIES (34,382 ) (20,232 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (34,383 ) (20,233 )
SHAREHOLDERS' FUNDS (34,382) (20,232)
Page 1
Page 2
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Alexandra Lepadatu
Director
03/11/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Masters In Beauty Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13538198 . The registered office is 2 North Street Arcade, Havant, PO9 1PX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% straight line
3. Average Number of Employees
0Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2025 765
As at 31 July 2026 765
Depreciation
As at 1 August 2025 382
As at 31 July 2026 382
Net Book Value
As at 31 July 2026 383
As at 1 August 2025 383
Page 3
Page 4
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 1,432 972
Director's loan account - 4,337
1,432 5,309
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 15,628 15,618
Bank loans and overdrafts 11,061 10,290
VAT 161 5,448
Director's loan account 10,464 -
37,314 31,356
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 5,442 16,360
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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