Company Registration No. 08016988 (England and Wales)
Blonde Hair Limited
Unaudited accounts
for the year ended 31 March 2022
Blonde Hair Limited
Unaudited accounts
Contents
Blonde Hair Limited
Company Information
for the year ended 31 March 2022
Company Number
08016988 (England and Wales)
Registered Office
2 Exeter Steer
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Blonde Hair Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
12,016
24,831
Creditors: amounts falling due within one year
(9,613)
(29,121)
Net current assets/(liabilities)
2,803
(897)
Called up share capital
1
1
Profit and loss account
2,802
102
Shareholders' funds
2,803
103
For the year ending 31 March 2022 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 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 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 14 December 2022 and were signed on its behalf by
Mrs H J Newby
Director
Company Registration No. 08016988
Blonde Hair Limited
Notes to the Accounts
for the year ended 31 March 2022
Blonde Hair Limited is a private company, limited by shares, registered in England and Wales, registration number 08016988. The registered office is 2 Exeter Steer, New Village Road, Cottingham, East Yorkshire, HU16 4LU.
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 year, 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:
Fixtures & fittings
20% cost
Computer equipment
20% cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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.
Blonde Hair Limited
Notes to the Accounts
for the year ended 31 March 2022
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2021
3,207
1,000
4,207
At 31 March 2022
3,207
1,000
4,207
At 1 April 2021
3,207
1,000
4,207
At 31 March 2022
3,207
1,000
4,207
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,925
15
Loans from directors
7,652
28,931
Blonde Hair Limited
Notes to the Accounts
for the year ended 31 March 2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 5 (2021: 5).
