Company Registration No. 7671424 (England and Wales)
De Lacy Hair Willerby Ltd
Unaudited accounts
for the year ended 31 March 2023
De Lacy Hair Willerby Ltd
Unaudited accounts
Contents
De Lacy Hair Willerby Ltd
Company Information
for the year ended 31 March 2023
Company Number
7671424 (England and Wales)
Registered Office
39a Saturday Market
Beverley
East Riding of Yorkshire
HU17 9AQ
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
De Lacy Hair Willerby Ltd
Statement of financial position
as at 31 March 2023
Creditors: amounts falling due within one year
(49,020)
(26,954)
Net current liabilities
(49,020)
(26,954)
Total assets less current liabilities
(49,020)
(26,954)
Creditors: amounts falling due after more than one year
(45,833)
(45,833)
Net liabilities
(94,853)
(72,787)
Called up share capital
2
2
Profit and loss account
(94,855)
(72,789)
Shareholders' funds
(94,853)
(72,787)
For the year ending 31 March 2023 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 his 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 21 December 2023 and were signed on its behalf by
Mr P M Scaife
Director
Company Registration No. 7671424
De Lacy Hair Willerby Ltd
Notes to the Accounts
for the year ended 31 March 2023
De Lacy Hair Willerby Ltd is a private company, limited by shares, registered in England and Wales, registration number 7671424. The registered office is 39a Saturday Market , Beverley, East Riding of Yorkshire , HU17 9AQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
10% on Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,171
21,667
27,838
At 31 March 2023
6,171
21,667
27,838
At 1 April 2022
6,171
21,667
27,838
At 31 March 2023
6,171
21,667
27,838
De Lacy Hair Willerby Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
41,408
20,296
Taxes and social security
7,612
6,658
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Transactions with related parties
As at 31st March 2023, De Lacy Hair Willerby Ltd owed £5,256 to De Lacy Spa Limited.
As at 31st March 2023, De Lacy Hair Willerby Ltd owed £36,152 to Frame 3D Ltd.
These amounts are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2022: 8).
