Mr Tony For Hair Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09216758 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2017

for

Mr Tony For Hair Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss L E Fuller

SECRETARY:

REGISTERED OFFICE:

18 Thorne Road

Doncaster

South Yorkshire

DN1 2HS

REGISTERED NUMBER:

09216758 (England and Wales)

ACCOUNTANTS:

Thieme & Co

18 Thorne Road

Doncaster

South Yorkshire

DN1 2HS

FIXED ASSETS

Intangible assets

4

41,941

48,931

Tangible assets

5

807

1,076

42,748

50,007

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

6

120

120

Cash at bank and in hand

3,754

14,673

5,874

16,793

CREDITORS

Amounts falling due within one year

7

47,685

66,527

NET CURRENT LIABILITIES

(41,811

)

(49,734

)

TOTAL ASSETS LESS CURRENT LIABILITIES

937

273

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

817

153

SHAREHOLDERS' FUNDS

937

273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 12 June 2018 and were signed by:

Miss L E Fuller - Director

1.	STATUTORY INFORMATION

Mr Tony For Hair Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2016

and 30 September 2017

69,901

AMORTISATION

At 1 October 2016

20,970

Charge for year

6,990

At 30 September 2017

27,960

NET BOOK VALUE

At 30 September 2017

41,941

At 30 September 2016

48,931

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2016

and 30 September 2017

1,748

DEPRECIATION

At 1 October 2016

672

Charge for year

269

At 30 September 2017

941

NET BOOK VALUE

At 30 September 2017

807

At 30 September 2016

1,076

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Other debtors

120

120

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade creditors

(1

)

-

Taxation and social security

8,577

9,520

Other creditors

39,109

57,007

47,685

66,527