Browns Hairdressing Ltd. - Abbreviated accounts

Registered number

06248717

Browns Hairdressing Ltd.

Abbreviated Accounts

31 March 2015

Browns Hairdressing Ltd.
Registered number:		06248717
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Intangible assets			37,500			87,500
Tangible assets			57,033			38,054
			94,533			125,554

Current assets
Stocks		6,756			23,825
Debtors		2,078			2,872
Cash at bank and in hand		134,916			156,435
		143,750			183,132

Creditors: amounts falling due within one year		(42,351)			(63,992)

Net current assets			101,399			119,140

Total assets less current liabilities			195,932			244,694

Creditors: amounts falling due after more than one year			(198,386)			(236,143)

Provisions for liabilities			(10,003)			(7,611)


Net (liabilities)/assets			(12,457)			940

Capital and reserves
Called up share capital	2		100			100
Profit and loss account			(12,557)			840

Shareholders' funds			(12,457)			940

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.


J.S., Brown
Director
Approved by the board on 10 December 2015

Browns Hairdressing Ltd.
Notes to the Abbreviated Accounts
for the year ended 31 March 2015




1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.





2	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100