Company Registration No. 8083431 (England and Wales)
SHAHNAZ HAIR AND BEAUTY SALON LTD
Unaudited accounts
for the period from 1 June 2022 to 30 May 2023
SHAHNAZ HAIR AND BEAUTY SALON LTD
Unaudited accounts
Contents
SHAHNAZ HAIR AND BEAUTY SALON LTD
Company Information
for the period from 1 June 2022 to 30 May 2023
Company Number
8083431 (England and Wales)
Registered Office
3 HIGH STREET NORTH
FLAT NO 1
LONDON
E6 1HS
Accountants
Rapid Accountants Ltd
348 Portswood Road,
southampton
England
SO17 3SB
SHAHNAZ HAIR AND BEAUTY SALON LTD
Statement of financial position
as at 30 May 2023
Tangible assets
12,437
11,357
Cash at bank and in hand
40,431
45,754
Creditors: amounts falling due within one year
(1,529)
(1,100)
Net current assets
38,902
44,654
Total assets less current liabilities
51,339
56,011
Creditors: amounts falling due after more than one year
(34,293)
(43,292)
Called up share capital
100
100
Profit and loss account
16,946
12,619
Shareholders' funds
17,046
12,719
For the period ending 30 May 2023 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 27 February 2024 and were signed on its behalf by
NADIA WAQAS
Director
Company Registration No. 8083431
SHAHNAZ HAIR AND BEAUTY SALON LTD
Notes to the Accounts
for the period from 1 June 2022 to 30 May 2023
SHAHNAZ HAIR AND BEAUTY SALON LTD is a private company, limited by shares, registered in England and Wales, registration number 8083431. The registered office is 3 HIGH STREET NORTH, FLAT NO 1, LONDON, E6 1HS.
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 period, 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.
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:
Other tangible fixed assets
20%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
4,198
15,024
-
19,222
Additions
-
1,002
3,400
4,402
At 30 May 2023
4,198
16,026
3,400
23,624
At 1 June 2022
2,909
4,956
-
7,865
Charge for the period
258
2,214
850
3,322
At 30 May 2023
3,167
7,170
850
11,187
At 30 May 2023
1,031
8,856
2,550
12,437
At 31 May 2022
1,289
10,068
-
11,357
SHAHNAZ HAIR AND BEAUTY SALON LTD
Notes to the Accounts
for the period from 1 June 2022 to 30 May 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
-
Taxes and social security
610
1,100
Loans from directors
(5,081)
-
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
-
(3,001)
7
Average number of employees
During the period the average number of employees was 2 (2022: 2).