| Mulberry House Hair Limited |
| Registered number: |
10932331 |
| Balance Sheet |
| as at 31 August 2018 |
|
| Notes |
|
|
2018 |
|
| £ |
|
| Fixed assets |
| Tangible assets |
3 |
|
|
6,662 |
|
| Current assets |
| Stocks |
|
|
1,360 |
| Debtors |
4 |
|
567 |
| Cash at bank and in hand |
|
|
2,809 |
|
|
|
4,736 |
|
|
|
| Creditors: amounts falling due within one year |
5 |
|
(1,836) |
|
| Net current assets |
|
|
|
2,900 |
|
|
| Total assets less current liabilities |
|
|
|
9,562 |
|
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(7,810) |
|
|
|
| Net assets |
|
|
|
1,752 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
| Profit and loss account |
|
|
|
1,652 |
|
| Shareholders' funds |
|
|
|
1,752 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
|
|
| Amy Yardley |
| Director |
| Approved by the board on 24 May 2019 |
|
| Mulberry House Hair Limited |
| Notes to the Accounts |
| for the period from 24 August 2017 to 31 August 2018 |
|
|
| 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 is recognised when payment is received. |
|
|
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, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Equipment |
4 years |
|
Fixtures and fittings |
7 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. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
| 2 |
Employees |
2018 |
|
| Number |
|
|
|
Average number of persons employed by the company |
2 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery |
|
Fixtures and fittings |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
Additions |
783 |
|
7,089 |
|
7,872 |
|
At 31 August 2018 |
783 |
|
7,089 |
|
7,872 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
197 |
|
1,013 |
|
1,210 |
|
At 31 August 2018 |
197 |
|
1,013 |
|
1,210 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2018 |
586 |
|
6,076 |
|
6,662 |
|
|
| 4 |
Debtors |
2018 |
|
| £ |
|
|
|
Trade debtors |
567 |
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2018 |
|
| £ |
|
|
|
Other taxes and social security |
1,173 |
|
Other creditors |
663 |
|
|
|
|
|
|
1,836 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2018 |
|
| £ |
|
|
|
Other creditors |
7,810 |
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
Included in creditors due after one year is an amount of £7,810, which is due to the directors. |
|
|
| 8 |
Controlling party |
|
|
The company is controlled by the directors who own 100% of the issued share capital. |
|
|
| 9 |
Other information |
|
|
Mulberry House Hair Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Mulberry House |
|
2 Martingate Centre |
|
Corsham |
|
Wiltshire |
|
SN13 0HL |
