Company Registration No. 07181394 (England and Wales)
LOVEURHAIR.CO.UK LTD
Unaudited accounts
for the period from 1 April 2017 to 28 February 2018
LOVEURHAIR.CO.UK LTD
Unaudited accounts
Contents
LOVEURHAIR.CO.UK LTD
Company Information
for the period from 1 April 2017 to 28 February 2018
Company Number
07181394 (England and Wales)
Registered Office
8B ELD LANE
COLCHESTER
ESSEX
CO1 1LS
Accountants
Pro Tax Plus Accountants
Mitre House
2 Bond Street
Ipswich
Suffolk
IP4 1JE
LOVEURHAIR.CO.UK LTD
Statement of financial position
as at 28 February 2018
Intangible assets
30,000
30,000
Tangible assets
12,327
16,178
Cash at bank and in hand
502
958
Creditors: amounts falling due within one year
(11,500)
(14,756)
Net current liabilities
(9,098)
(11,898)
Total assets less current liabilities
33,229
34,280
Creditors: amounts falling due after more than one year
(16,653)
(15,710)
Called up share capital
100
100
Profit and loss account
16,476
18,470
Shareholders' funds
16,576
18,570
For the period ending 28 February 2018 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 his 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.
Approved by the Board on 16 December 2018.
Faruk Ekin
Director
Company Registration No. 07181394
LOVEURHAIR.CO.UK LTD
Notes to the Accounts
for the period from 1 April 2017 to 28 February 2018
LOVEURHAIR.CO.UK LTD is a private company, limited by shares, registered in England and Wales, registration number 07181394. The registered office is 8B ELD LANE, COLCHESTER, ESSEX, CO1 1LS.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Straight line Basis
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
At 28 February 2018
30,000
At 28 February 2018
30,000
LOVEURHAIR.CO.UK LTD
Notes to the Accounts
for the period from 1 April 2017 to 28 February 2018
5
Tangible fixed assets
Fixtures & fittings
At 28 February 2018
29,067
Charge for the period
3,997
At 28 February 2018
16,740
At 28 February 2018
12,327
Finished goods
1,900
1,900
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
3,628
2,654
Taxes and social security
7,872
12,102
8
Creditors: amounts falling due after more than one year
2018
2017
Other creditors
16,653
15,710
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the period the average number of employees was 9 (2017: 0).
