I AM HAIR LIMITED - Accounts

I AM HAIR LIMITED - Accounts

I AM HAIR LIMITED - Company Information

Print Friendly Version

2021-12-01 2022-11-30 false Capium Accounts Production 1.1 08314810 bus:AbridgedAccounts 2021-12-01 2022-11-30 08314810 bus:FRS102 2021-12-01 2022-11-30 08314810 bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-30 08314810 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2022-11-30 08314810 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 08314810 2021-12-01 2022-11-30 08314810 2022-11-30 08314810 bus:RegisteredOffice 2021-12-01 2022-11-30 08314810 core:WithinOneYear 2022-11-30 08314810 core:AfterOneYear 2022-11-30 08314810 bus:Director1 2021-12-01 2022-11-30 08314810 bus:Director1 2022-11-30 08314810 bus:Director1 2020-12-01 2021-11-30 08314810 bus:Director2 2021-12-01 2022-11-30 08314810 bus:Director2 2022-11-30 08314810 bus:Director2 2020-12-01 2021-11-30 08314810 2020-12-01 08314810 bus:CompanySecretary1 2021-12-01 2022-11-30 08314810 bus:LeadAgentIfApplicable 2021-12-01 2022-11-30 08314810 2020-12-01 2021-11-30 08314810 2021-11-30 08314810 core:WithinOneYear 2021-11-30 08314810 core:AfterOneYear 2021-11-30 08314810 bus:EntityAccountantsOrAuditors 2020-12-01 2021-11-30 08314810 core:MotorCars 2021-12-01 2022-11-30 08314810 core:MotorCars 2022-11-30 08314810 core:MotorCars 2021-11-30 08314810 core:FurnitureFittings 2021-12-01 2022-11-30 08314810 core:FurnitureFittings 2022-11-30 08314810 core:FurnitureFittings 2021-11-30 08314810 core:ComputerEquipment 2021-12-01 2022-11-30 08314810 core:ComputerEquipment 2022-11-30 08314810 core:ComputerEquipment 2021-11-30 08314810 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-11-30 08314810 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-11-30 08314810 core:CostValuation core:Non-currentFinancialInstruments 2022-11-30 08314810 core:CostValuation core:Non-currentFinancialInstruments 2021-11-30 08314810 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-11-30 08314810 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-11-30 08314810 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-11-30 08314810 core:Non-currentFinancialInstruments 2022-11-30 08314810 core:Non-currentFinancialInstruments 2021-11-30 08314810 core:ShareCapital 2022-11-30 08314810 core:ShareCapital 2021-11-30 08314810 core:RetainedEarningsAccumulatedLosses 2022-11-30 08314810 core:RetainedEarningsAccumulatedLosses 2021-11-30 08314810 dpl:Item1 2021-12-01 08314810 dpl:Item1 2022-11-30 08314810 dpl:Item1 2020-12-01 08314810 dpl:Item1 2021-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08314810


 

 

 

I AM HAIR LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 December 2021

End date: 30 November 2022

I AM HAIR LIMITED
Contents Page
For the year ended 30 November 2022
Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2022 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
COLINSON AND COMPANY LTD
30 November 2022



....................................................
COLINSON AND COMPANY LTD
REGENT 88 SUIT 113
210 CHURCH ROAD, LEYTON
LONDON
E10 7JQ
18 March 2023
1
 
 		 Notes
 		 2022
£		   2021
£
Fixed assets      
Tangible fixed assets 1,045    2,653 
1,045    2,653 
Current assets      
Stocks 0    180 
Cash at bank and in hand 615    6,852 
615    7,032 
Creditors: amount falling due within one year (84,300)   (85,298)
Net current liabilities (83,685)   (78,266)
 
Total assets less current liabilities (82,640)   (75,613)
Net liabilities (82,640)   (75,613)
 

Capital and reserves 		     
Called up share capital 2    2 
Profit and loss account (82,642)   (75,615)
Shareholder's funds (82,640)   (75,613)
 


For the year ended 30 November 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 13 March 2023 and were signed on its behalf by:


--------------------------------
Sharon Edman
Director		--------------------------------
Tracy Lashley
Director
2
General Information
I AM HAIR LIMITED is a private company, limited by shares, registered in , registration number 08314810, registration address 123 Green Lane, Palmers Green, London, N13 4SP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Salon Equipment 10% Straight Line
Fixtures and Fittings 10% Straight Line
Motor Vehicles 20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 2 (2021 : 2).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Salon Equipment   Total
  £   £   £   £
At 01 December 2021 10,700    11,375    8,434    30,509 
Additions -    82    333    415 
Disposals -    -    -    - 
At 30 November 2022 10,700    11,457    8,767    30,924 
Depreciation
At 01 December 2021 10,700    9,801    7,355    27,856 
Charge for year -    1,146    877    2,023 
On disposals -    -    -    - 
At 30 November 2022 10,700    10,947    8,232    29,879 
Net book values
Closing balance as at 30 November 2022 -    510    535    1,045 
Opening balance as at 01 December 2021 -    1,574    1,079    2,653 


3