Classique Hair Studio Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05506927 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

Classique Hair Studio Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

S Day

SECRETARY:

N J Parsons

REGISTERED OFFICE:

Dayan House

818 Whitchurch Lane

Whitchurch

Bristol

BS14 0JP

REGISTERED NUMBER:

05506927 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

41,074

34,746

41,074

34,746

CURRENT ASSETS

Stocks

9,000

9,500

Cash at bank

3,588

1,415

12,588

10,915

CREDITORS

Amounts falling due within one year

53,625

55,474

NET CURRENT LIABILITIES

(41,037

)

(44,559

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

37

(9,813

)

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

36

(9,814

)

SHAREHOLDERS' FUNDS

37

(9,813

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 June 2017 and were signed by:

S Day - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

126,000

AMORTISATION

At 1 October 2015

and 30 September 2016

126,000

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

112,072

Additions

20,019

At 30 September 2016

132,091

DEPRECIATION

At 1 October 2015

77,326

Charge for year

13,691

At 30 September 2016

91,017

NET BOOK VALUE

At 30 September 2016

41,074

At 30 September 2015

34,746

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

1

Ordinary shares

£1

1