Embellish Hair & Beauty Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10426431 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2020

for

Embellish Hair & Beauty Limited

Page

Balance Sheet

1

FIXED ASSETS

12,492

14,913

CURRENT ASSETS

39,805

7,996

PREPAYMENTS AND ACCRUED INCOME

1,017

1,017

CREDITORS

Amounts falling due within one year

(13,933

)

(17,458

)

NET CURRENT ASSETS/(LIABILITIES)

26,889

(8,445

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,381

6,468

CREDITORS

Amounts falling due after more than one year

(20,000

)

-

ACCRUALS AND DEFERRED INCOME

(3,026

)

(1,589

)

NET ASSETS

16,355

4,879

CAPITAL AND RESERVES

16,355

4,879

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Embellish Hair & Beauty Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10426431

Registered office:

Linden End

Linden Gardens

Leatherhead

Surrey

KT22 7HB

2.	AVERAGE NUMBER OF EMPLOYEES INCLUDING DIRECTORS

The average number of employees during the year was 5 (2019 - 5 ) .

3.	OTHER FINANCIAL COMMITMENTS

Bank Loan

The company took out a government backed Bounce Back Loan of £ 20,000 with a commercial bank. The first year is interest free and after that the interest rate will be at 2.5% per annum. The loan term is 6 years, it is repayable by instalments with the first repayment starting on the anniversary of the loan start date.

Lease

The company has signed a 10 year lease from April 2017 which contains a five year break clause. The financial commitment, to the end of the lease period, at current rent levels, is £ 39,650.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2021 and were signed on its behalf by:

Mrs L Baker - Director

J J Baker - Director