Oxford (T) Hairdressing Limited - Accounts to registrar (filleted) - small 23.1.2
Oxford (T) Hairdressing Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 August 2022 |
| for |
| Oxford (T) Hairdressing Limited |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Contents of the Financial Statements |
| for the Year Ended 30 August 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 7 |
| Oxford (T) Hairdressing Limited |
| Company Information |
| for the Year Ended 30 August 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 24 Picton House |
| Hussar Court |
| Waterlooville |
| Hampshire |
| PO7 7SQ |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Balance Sheet |
| 30 August 2022 |
| 30.8.22 | 30.8.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Balance Sheet - continued |
| 30 August 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Notes to the Financial Statements |
| for the Year Ended 30 August 2022 |
| 1. | STATUTORY INFORMATION |
| Oxford (T) Hairdressing Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| Accounts are rounded to the nearest pound. |
| The accounts represent the company as an individual entity. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced value of goods and services, excluding value added tax. |
| Franchise costs |
| Franchise costs are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal instalments over their estimated useful lives. |
| Tangible fixed assets |
| Short leasehold | - |
| Plant and machinery | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 August 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| assets |
| £ |
| COST |
| At 31 August 2021 |
| Additions |
| Disposals | ( |
) |
| At 30 August 2022 |
| AMORTISATION |
| At 31 August 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 August 2022 |
| NET BOOK VALUE |
| At 30 August 2022 |
| At 30 August 2021 |
| 5. | TANGIBLE FIXED ASSETS |
| Short | Plant and | Computer |
| leasehold | machinery | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 31 August 2021 |
| Additions |
| At 30 August 2022 |
| DEPRECIATION |
| At 31 August 2021 |
| Charge for year |
| At 30 August 2022 |
| NET BOOK VALUE |
| At 30 August 2022 |
| At 30 August 2021 |
| Oxford (T) Hairdressing Limited (Registered number: 02968917) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 August 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.8.22 | 30.8.21 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.8.22 | 30.8.21 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors | ( |
) | ( |
) |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.8.22 | 30.8.21 |
| £ | £ |
| Bank loans |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 19,431 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |
| Oxford (T) Hairdressing Limited |
| Report of the Accountants to the Directors of |
| Oxford (T) Hairdressing Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 August 2022 set out on pages three to eight and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 24 Picton House |
| Hussar Court |
| Waterlooville |
| Hampshire |
| PO7 7SQ |
| Date: ............................................. |