Abbreviated Company Accounts - HAIROLOGY LONDON LIMITED

HAIROLOGY LONDON LIMITED - Company Information

06694659 HAIROLOGY LONDON LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 06694659 2014-10-01 2015-09-30 06694659 2015-09-30 06694659 2014-09-30 06694659 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 06694659 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 06694659

HAIROLOGY LONDON LIMITED

Abbreviated Accounts

30 September 2015

HAIROLOGY LONDON LIMITED Registered Number 06694659

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	10,376	13,835
		10,376	13,835
Current assets
Stocks		2,500	2,500
Debtors		4,022	4,022
Cash at bank and in hand		2,761	87
		9,283	6,609
Creditors: amounts falling due within one year		(20,884)	(20,440)
Net current assets (liabilities)		(11,601)	(13,831)
Total assets less current liabilities		(1,225)	4
Total net assets (liabilities)		(1,225)	4
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(1,226)	3
Shareholders' funds		(1,225)	4

For the year ending 30 September 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 June 2016

And signed on their behalf by:
P Y Chan, Director

HAIROLOGY LONDON LIMITED Registered Number 06694659

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Leasehold improvements 10% straight line
Fixtures,fittings & equipment 25% reducing balance

Valuation information and policy
Stocks
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Leasing and hire purchase commitments
"Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term."

2Tangible fixed assets

	£
Cost
At 1 October 2014	37,104
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	37,104
Depreciation
At 1 October 2014	23,269
Charge for the year	3,459
On disposals	-
At 30 September 2015	26,728
Net book values
At 30 September 2015	10,376
At 30 September 2014	13,835

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1