Accounts filed on 31-07-2022


ACCOUNTS
FOR THE YEAR ENDED 31/07/2022





DIRECTORS
Zadrian Smith


REGISTERED OFFICE
Unit 7, The Court House
72 Moorland Road
Stoke-on-Trent
ST6 1DY


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09768800



BANKERS
Metro Bank



ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY


BALANCE SHEET AT 31/07/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		54,555		4,807
Investment Assets	4		50		50

			54,605		4,857

CURRENT ASSETS
Debtors	5	19,462		57,568
Cash at bank and in hand		39,235		13,138
		58,697		70,706
CREDITORS: Amounts falling due within one year	6	14,258		12,589
NET CURRENT ASSETS			44,439		58,117
TOTAL ASSETS LESS CURRENT LIABILITIES			99,044		62,974


CREDITORS: Amounts falling due after more than one year	7		29,167		39,167


PROVISIONS FOR LIABILITIES AND CHARGES	8		4,300		-

NET ASSETS			65,577		23,807

CAPITAL AND RESERVES

Called up share capital	9		120		120
Share premium account	10		64,979		64,979
Profit and loss account			478		(41,292)
SHAREHOLDERS' FUNDS			65,577		23,807


BALANCE SHEET AT 31/07/2022

For the year ending 31/07/2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 25/10/2022 and signed on their behalf by




Zadrian Smith
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 25%




1c. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.




1d. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.




1e. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




4. FINANCIAL ASSETS

	Other
	Investments	Total
	£	£
Cost
At 01/08/2021	50	50
At 31/07/2022	50	50
Amortisation
Net Book Amounts
At 31/07/2022	50	50
At 31/07/2021	50	50
The company holds 50% of the share capital of Zadrian & Sarah Limited; a styling company incorporated in England & Wales. The agregate amount of capital and reserves for this company as at 31 July 2022 were £214,347 (2021 - £34,182). The profit of Zadrian & Sarah Limited for the year ended 31 July 2022 was £384,265 (2021 - £34,082).




5. DEBTORS	2022	2021
	£	£
Amounts falling due within one year
Trade debtors	5,781	8,800
VAT	1,573	714
Other debtors	8,698	554
Prepayments	1,655	-
Accrued income	-	47,500
Directors current account	1,755	-
	19,462	57,568




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
UK corporation tax	-	193
PAYE control	2,073	-
Directors current account	-	1,426
Bank Loan	10,000	10,000
Trade creditors	185	-
Other creditors	2,000	-
Accruals	-	970
	14,258	12,589




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2022	2021
	£	£
Bank loans (unsecured) >1yr	29,167	39,167
	29,167	39,167




9. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
120 Ordianry shares of £1 each	120	120
	120	120

11. RELATED PARTY TRANSACTIONS

During the year the comany has received stylist fees from Zadrian & Sarah Limited amounting to £88,000.
During the year the comany has received dividends from Zadrian & Sarah Limited amounting to £102,000