Abbreviated Company Accounts - THE HAIR TEAM LIMITED

THE HAIR TEAM LIMITED - Company Information

08171038 THE HAIR TEAM LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 08171038 2014-09-01 2015-08-31 08171038 2015-08-31 08171038 2014-08-31 08171038 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 08171038 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08171038

THE HAIR TEAM LIMITED

Abbreviated Accounts

31 August 2015

THE HAIR TEAM LIMITED Registered Number 08171038

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,077	7,151
		4,077	7,151
Current assets
Cash at bank and in hand		699	1,446
		699	1,446
Creditors: amounts falling due within one year		(15,319)	(21,229)
Net current assets (liabilities)		(14,620)	(19,783)
Total assets less current liabilities		(10,543)	(12,632)
Total net assets (liabilities)		(10,543)	(12,632)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(10,643)	(12,732)
Shareholders' funds		(10,543)	(12,632)

For the year ending 31 August 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 March 2016

And signed on their behalf by:
Louise Loasby, Director

THE HAIR TEAM LIMITED Registered Number 08171038

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and include the results of the company’s operations which are described in the Directors Report and all of which are continuing
The company has taking advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds it is a small company.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company

Tangible assets depreciation policy
Tangible Fixed Assets are stated at cost less depreciation
Head Office Fixture & Fittings : Straight Line over 4 years
Plant, Machinery, Tools & IT Equipment : Straight Line over 2 years
Tenants Fixture & Fittings : Straight Line over 1.5 years

2Tangible fixed assets

	£
Cost
At 1 September 2014	12,297
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	12,297
Depreciation
At 1 September 2014	5,146
Charge for the year	3,074
On disposals	-
At 31 August 2015	8,220
Net book values
At 31 August 2015	4,077
At 31 August 2014	7,151

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100