Accounts filed on 31-03-2014

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			Company registration number:08438261
			VIBE HAIR STUDIO LIMITED
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 31 March 2014

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VIBE HAIR STUDIO LIMITED
BALANCE SHEET
AS AT 31 March 2014
			2014
		Notes	£		£
FIXED ASSETS
Tangible assets		2			8,098
					8,098
CURRENT ASSETS
Stocks			1,407
Cash at bank and in hand			456
			1,863
CREDITORS
Amounts falling due within one year			(3,068)
NET CURRENT ASSETS					(1,205)
TOTAL ASSETS LESS
CURRENT LIABILITIES					6,893
Creditors falling due after one year					(10,376)
NET ASSETS					(3,483)
CAPITAL AND RESERVES
Called-up equity share capital		3			2
Profit and loss account					(3,485)
SHAREHOLDERS FUNDS					(3,483)
For the year ending 31 March 2014 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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). Approved by the board of directors on 6 December 2014 and signed on its behalf.
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D Bevan
6 December 2014
The annexed notes form part of these financial statements.

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VIBE HAIR STUDIO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

1.

Accounting policies

Basis of preparing the financial statements

The financial statements are prepared under the historical cost convention and incorporate the results of the principal activity which is described in the directors' report and which is continuing.

Statement of cashflow

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cashflow statement on the grounds that it is a small company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed assets

Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures and fittings 18% reducing balance basis

Stocks and work In progress

Stock is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Tangible fixed assets
				Total
	Cost
	Additions			9,876
	At end of period			9,876
	Depreciation
	Provided during the period			1,778
	At end of period			1,778
	Net Book Value
	At end of period			8,098

3.	Share capital				Allotted, issued and fully paid
					2014
					£
	Ordinary shares of £1 each				2
	Total issued share capital				2