Blonde Hair Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08016988 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Blonde Hair Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

H Newby

SECRETARY:

REGISTERED OFFICE:

Jomavi

Tranby Lane

Swanland

North Ferriby

East Riding

HU14 3NG

REGISTERED NUMBER:

08016988 (England and Wales)

ACCOUNTANTS:

Kendall Accountancy Services Limited

53 Ellerker Rise

Willerby

Hull

East Riding

HU10 6EU

FIXED ASSETS

Intangible assets

2

8,000

9,000

Tangible assets

3

2,234

2,349

10,234

11,349

CURRENT ASSETS

Stocks

2,237

2,000

Cash at bank and in hand

1,007

7,204

3,244

9,204

CREDITORS

Amounts falling due within one year

12,315

19,799

NET CURRENT LIABILITIES

(9,071

)

(10,595

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,163

754

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

1,162

753

SHAREHOLDERS' FUNDS

1,163

754

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 December 2014 and were signed by:

H Newby - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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 the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

10,000

AMORTISATION

At 1 April 2013

1,000

Amortisation for year

1,000

At 31 March 2014

2,000

NET BOOK VALUE

At 31 March 2014

8,000

At 31 March 2013

9,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

2,763

Additions

280

At 31 March 2014

3,043

DEPRECIATION

At 1 April 2013

414

Charge for year

395

At 31 March 2014

809

NET BOOK VALUE

At 31 March 2014

2,234

At 31 March 2013

2,349

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1