For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04596613
Highbury Hair Salon Ltd
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
Highbury Hair Salon Ltd
Accountants' Report
For the year ended 31 March 2016
As described on the balance sheet you are responsible for the preparation of the financial
|
statements for the year ended
31
March
2016
and you consider that the company is exempt from an
|
audit under the Companies Act
2006
.
|
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
.
|
Oldfield Accountany Services Ltd
134 Fairfield Park Road
Bath
BA1 6JT
1 of 4
Notes to the Abbreviated Financial Statements
|
Highbury Hair Salon Ltd
For the year ended 31 March 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has
|
been approved by the shareholders prior to the balance sheet date
.
|
Tangible fixed assets, 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:
|
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
22,557
22,557
14,769
1,010
Charge for year
15,779
6,778
7,788
3 of 4
Notes to the Abbreviated Financial Statements
|
Highbury Hair Salon Ltd
For the year ended 31 March 2016
Allotted called up and fully paid
|
2016
2015
1
Ordinary share of £
1
.
00
each
|
1
1
1
1
4 of 4