ACADEMY OF HAIR UCKFIELD LTD

ACADEMY OF HAIR UCKFIELD LTD

ACADEMY OF HAIR UCKFIELD LTD - Company Information

Print Friendly Version

1 September 2020 false No description of principal activity Taxfiler 2022.4.1 10908868business:PrivateLimitedCompanyLtd2020-09-012021-08-31 109088682020-08-31 109088682020-09-012021-08-31 10908868business:AuditExemptWithAccountantsReport2020-09-012021-08-31 10908868business:FullAccounts2020-09-012021-08-31 109088682021-08-31 10908868business:Director12020-09-012021-08-31 10908868business:RegisteredOffice2020-09-012021-08-31 109088682020-08-31 10908868core:WithinOneYear2021-08-31 10908868core:WithinOneYear2020-08-31 10908868core:AfterOneYear2021-08-31 10908868core:AfterOneYear2020-08-31 10908868core:ShareCapital2021-08-31 10908868core:ShareCapital2020-08-31 10908868core:RetainedEarningsAccumulatedLosses2021-08-31 10908868core:RetainedEarningsAccumulatedLosses2020-08-31 10908868business:SmallEntities2020-09-012021-08-31 10908868countries:EnglandWales2020-09-012021-08-31 10908868core:PlantMachinery2020-09-012021-08-31 10908868core:ComputerEquipment2020-09-012021-08-31 10908868core:Goodwill2020-08-31 10908868core:Goodwill2021-08-31 10908868core:Goodwill2020-09-012021-08-31 10908868core:PlantMachinery2020-08-31 10908868core:FurnitureFittings2020-08-31 10908868core:FurnitureFittings2020-09-012021-08-31 10908868core:PlantMachinery2021-08-31 10908868core:FurnitureFittings2021-08-31 10908868business:Director112020-09-012021-08-31 10908868business:Director112020-08-31 10908868business:Director112021-08-31 109088682019-09-012020-08-31 iso4217:GBP xbrli:pure
Company Registration No. 10908868 (England and Wales)
ACADEMY OF HAIR UCKFIELD LTD Unaudited accounts for the year ended 31 August 2021
ACADEMY OF HAIR UCKFIELD LTD Unaudited accounts Contents
Page
- 2 -
ACADEMY OF HAIR UCKFIELD LTD Company Information for the year ended 31 August 2021
Director
N Edwards
Company Number
10908868 (England and Wales)
Registered Office
104 HIGH STREET UCKFIELD SUSSEX TN22 1PX
Accountants
Leon Ruward FCCA Birchwood House 88 Broomfield Avenue Worthing West Sussex BN14 7SB
- 3 -
ACADEMY OF HAIR UCKFIELD LTD Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
5,625 
6,875 
Tangible assets
5
6,502 
8,319 
12,127 
15,194 
Current assets
Inventories
760 
725 
Debtors
6
26,176 
15,081 
Cash at bank and in hand
18,984 
19,477 
45,920 
35,283 
Creditors: amounts falling due within one year
7
(26,020)
(20,034)
Net current assets
19,900 
15,249 
Total assets less current liabilities
32,027 
30,443 
Creditors: amounts falling due after more than one year
8
(31,082)
(30,000)
Net assets
945 
443 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
944 
442 
Shareholders' funds
945 
443 
For the year ending 31 August 2021 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 26 May 2022 and were signed on its behalf by
N Edwards Director Company Registration No. 10908868
- 4 -
ACADEMY OF HAIR UCKFIELD LTD Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
ACADEMY OF HAIR UCKFIELD LTD is a private company, limited by shares, registered in England and Wales, registration number 10908868. The registered office is 104 HIGH STREET, UCKFIELD, SUSSEX, TN22 1PX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Straight line
Computer equipment
25% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2020
12,500 
At 31 August 2021
12,500 
Amortisation
At 1 September 2020
5,625 
Charge for the year
1,250 
At 31 August 2021
6,875 
Net book value
At 31 August 2021
5,625 
At 31 August 2020
6,875 
- 5 -
ACADEMY OF HAIR UCKFIELD LTD Notes to the Accounts for the year ended 31 August 2021
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2020
15,562 
4,930 
20,492 
Additions
2,708 
1,274 
3,982 
At 31 August 2021
18,270 
6,204 
24,474 
Depreciation
At 1 September 2020
9,063 
3,110 
12,173 
Charge for the year
4,463 
1,336 
5,799 
At 31 August 2021
13,526 
4,446 
17,972 
Net book value
At 31 August 2021
4,744 
1,758 
6,502 
At 31 August 2020
6,499 
1,820 
8,319 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
- 
15,081 
Debtors: amounts falling due after more than one year
Other debtors
26,176 
- 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
8,945 
- 
VAT
6,756 
7,738 
Trade creditors
3,582 
5,742 
Taxes and social security
5,623 
5,520 
Other creditors
389 
309 
Accruals
725 
725 
26,020 
20,034 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
31,082 
30,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Short term loan
6,550 
26,176 
6,550 
26,176 
6,550 
26,176 
6,550 
26,176 
The company provided the director a short term loan.
- 6 -
ACADEMY OF HAIR UCKFIELD LTD Notes to the Accounts for the year ended 31 August 2021
10
Average number of employees
During the year the average number of employees was 6 (2020: 6).
- 7 -