Company Registration No. 09307896 (England and Wales)
Natalie at the Lounge Hairdressers Limited
Unaudited accounts
for the year ended 30 November 2019
Natalie at the Lounge Hairdressers Limited
Unaudited accounts
Contents
Natalie at the Lounge Hairdressers Limited
Company Information
for the year ended 30 November 2019
Company Number
09307896 (England and Wales)
Registered Office
20 Silvercliffe Gardens
New Barnet
Hertfordshire
EN4 9QT
Accountants
HBS Accountancy Limited
20 Silvercliffe Gardens
New Barnet
Herts
EN4 9QT
Natalie at the Lounge Hairdressers Limited
Statement of financial position
as at
30 November 2019
Intangible assets
7,500
9,000
Tangible assets
1,638
2,048
Cash at bank and in hand
1,444
7,563
Creditors: amounts falling due within one year
(18,765)
(20,616)
Net current liabilities
(15,821)
(11,553)
Net liabilities
(6,683)
(505)
Called up share capital
100
100
Profit and loss account
(6,783)
(605)
Shareholders' funds
(6,683)
(505)
For the year ending 30 November 2019 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 25 August 2020 and were signed on its behalf by
Ms N Joao
Director
Company Registration No. 09307896
Natalie at the Lounge Hairdressers Limited
Notes to the Accounts
for the year ended 30 November 2019
Natalie at the Lounge Hairdressers Limited is a private company, limited by shares, registered in England and Wales, registration number 09307896. The registered office is 20 Silvercliffe Gardens, New Barnet, Hertfordshire, EN4 9QT.
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 year, 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:
Fixtures & fittings
20% 0n written down value
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The accounts have been prepared on a going concern basis due to the financial support provided by the company's director.
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Intangible fixed assets
Goodwill
At 1 December 2018
15,000
At 30 November 2019
15,000
Charge for the year
1,500
At 30 November 2019
7,500
At 30 November 2019
7,500
At 30 November 2018
9,000
Natalie at the Lounge Hairdressers Limited
Notes to the Accounts
for the year ended 30 November 2019
5
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 30 November 2019
5,000
At 30 November 2019
3,362
At 30 November 2019
1,638
At 30 November 2018
2,048
Raw materials
1,500
1,500
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Creditors: amounts falling due within one year
2019
2018
Loans from directors
18,265
20,116
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Average number of employees
During the year the average number of employees was 1 (2018: 1).