Abbreviated Company Accounts - GREAT 4 HAIR LIMITED

GREAT 4 HAIR LIMITED - Company Information

06799606 GREAT 4 HAIR LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06799606 2015-01-01 2015-12-31 06799606 2015-12-31 06799606 2014-12-31 06799606 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06799606 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06799606

GREAT 4 HAIR LIMITED

Abbreviated Accounts

31 December 2015

GREAT 4 HAIR LIMITED Registered Number 06799606

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	13,335	31,721
		13,335	31,721
Current assets
Stocks		108,727	97,617
Debtors		22,616	14,188
Cash at bank and in hand		101,351	91,231
		232,694	203,036
Creditors: amounts falling due within one year		(14,874)	(16,844)
Net current assets (liabilities)		217,820	186,192
Total assets less current liabilities		231,155	217,913
Creditors: amounts falling due after more than one year		(332,662)	(332,662)
Total net assets (liabilities)		(101,507)	(114,749)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(101,607)	(114,849)
Shareholders' funds		(101,507)	(114,749)

For the year ending 31 December 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 18 July 2016

And signed on their behalf by:
MR M BURNS, Director

GREAT 4 HAIR LIMITED Registered Number 06799606

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
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.

Tangible assets depreciation policy
DEPRECIATION HAS BEEN PROVIDED AT THE FOLLOWING RATES IN ORDER TO WRITE OFF THE ASSETS OVER THEIR ESTIMATED USEFUL LIVES.
PLANT & MACHINERY 15% STRAIGHT LINE
MOTOR VEHICLE 25% STRAIGHT LINE

Valuation information and policy
STOCK IS VALUED AT THE LOWER OF COST AND NET REALISABLE VALUE.

2Tangible fixed assets

	£
Cost
At 1 January 2015	122,573
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	122,573
Depreciation
At 1 January 2015	90,852
Charge for the year	18,386
On disposals	-
At 31 December 2015	109,238
Net book values
At 31 December 2015	13,335
At 31 December 2014	31,721

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

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