Abbreviated Company Accounts - THE HAIR LOUNGE (WALES) LIMITED

Abbreviated Company Accounts - THE HAIR LOUNGE (WALES) LIMITED

THE HAIR LOUNGE (WALES) LIMITED - Company Information

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Registered Number 05251653

THE HAIR LOUNGE (WALES) LIMITED

Abbreviated Accounts

30 November 2013

THE HAIR LOUNGE (WALES) LIMITED Registered Number 05251653

Abbreviated Balance Sheet as at 30 November 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 34,972 32,477
34,972 32,477
Current assets
Stocks 6,511 5,163
Cash at bank and in hand 6,415 40,585
12,926 45,748
Creditors: amounts falling due within one year (48,586) (81,025)
Net current assets (liabilities) (35,660) (35,277)
Total assets less current liabilities (688) (2,800)
Total net assets (liabilities) (688) (2,800)
Capital and reserves
Called up share capital 2 2
Profit and loss account (690) (2,802)
Shareholders' funds (688) (2,800)
  • For the year ending 30 November 2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2014

And signed on their behalf by:
Linsay Harris, Director

THE HAIR LOUNGE (WALES) LIMITED Registered Number 05251653

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
turnover is represented by the value of services provided to third parties exclusive of value added tax

Tangible assets depreciation policy
leasehold property is written over the term of the lease
fixtures are written off at the rate of 25% per annum on a reducing balance basis

2Tangible fixed assets
£
Cost
At 1 December 2012 90,728
Additions 12,503
Disposals -
Revaluations -
Transfers -
At 30 November 2013 103,231
Depreciation
At 1 December 2012 58,251
Charge for the year 10,008
On disposals -
At 30 November 2013 68,259
Net book values
At 30 November 2013 34,972
At 30 November 2012 32,477