The Hair Loss Clinic (NW) Limited,Ltd - AccountsLtd - Accounts

The Hair Loss Clinic (NW) Limited,Ltd - AccountsLtd - Accounts

THE HAIR LOSS CLINIC (NW) LIMITED - Company Information

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2019-02-01 08860566 2020-01-31 08860566 2019-02-01 2020-01-31 08860566 2019-01-31 08860566 2018-02-01 2019-01-31 08860566 uk-core:WithinOneYear 2019-01-31 08860566 uk-core:WithinOneYear 2020-01-31 08860566 uk-core:AfterOneYear 2019-01-31 08860566 uk-core:AfterOneYear 2020-01-31 08860566 uk-core:ShareCapital 2020-01-31 08860566 uk-core:ShareCapital 2019-01-31 08860566 uk-core:RetainedEarningsAccumulatedLosses 2020-01-31 08860566 uk-core:RetainedEarningsAccumulatedLosses 2019-01-31 08860566 uk-bus:Director1 2019-02-01 2020-01-31 08860566 uk-core:ComputerEquipment 2019-02-01 2020-01-31 iso4217:GBP xbrli:pure 08860566 uk-bus:AuditExemptWithAccountantsReport 2019-02-01 2020-01-31 08860566 uk-bus:FRS102 2019-02-01 2020-01-31 08860566 uk-bus:FullAccounts 2019-02-01 2020-01-31 08860566 uk-bus:PrivateLimitedCompanyLtd 2019-02-01 2020-01-31
The Hair Loss Clinic (NW) Limited
Registered Number:08860566
For the year ended 31 January 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2020
The Hair Loss Clinic (NW) Limited
Contents Page
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Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
As at 31 January 2020
The Hair Loss Clinic (NW) Limited
Statement of Financial Position
Registered Number :
08860566
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
3,738
5,820
2
3,738
5,820
Current assets
Inventories
-
24,000
3
Trade and other receivables
58,967
105,122
4
753,166
Cash and cash equivalents
386,790
515,912
812,133
Trade and other payables: amounts falling due within
one year
(345,796)
(322,998)
5
466,337
192,914
Net current assets
Total assets less current liabilities
196,652
472,157
Trade and other payables: amounts falling due after
more than one year
(687)
(966)
6
195,686
Net assets
471,470
Capital and reserves
Called up share capital
100
100
Retained earnings
195,586
471,370
195,686
471,470
Shareholders' funds
For the year ended 31 January 2020 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 of its financial statements for the year ended 31 January 2020 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
For the year ended 31 January 2020
The Hair Loss Clinic (NW) Limited
Statement of Financial Position Continued
Victoria Royle Director
These financial statements were approved and authorised for issue by the Board on 03 November 2020 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 January 2020
The Hair Loss Clinic (NW) Limited
Notes to the Financial Statements
Statutory Information
The Hair Loss Clinic (NW) Limited is a private limited company, limited by shares, domiciled in England
and Wales, registration number 08860566.
Registered address:
Unit 12
Palatine Industrial Estate
Causeway Road
Warrington
WA4 6QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% per annum on cost
Computer equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 31 January 2020
The Hair Loss Clinic (NW) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 February 2019
26,068
3,915
Additions
At 31 January 2020
29,983
Provision for depreciation and impairment
At 01 February 2019
20,248
Charge for year
5,997
At 31 January 2020
26,245
At 31 January 2020
Net book value
3,738
At 31 January 2019
5,820
3. Inventories
2019
2020
£
£
Stocks
24,000
-
4. Trade and other receivables
2019
2020
£
£
Other debtors
105,122
58,967
5. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Taxation and social security
8,986
42,209
Other creditors
314,012
303,587
322,998
345,796
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7
For the year ended 31 January 2020
The Hair Loss Clinic (NW) Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2019
2020
£
£
Other creditors
966
687
7. Average number of persons employed
During the year the average number of employees was 10 (2019 : 10)
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