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REGISTERED NUMBER: 07396984 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2018

for

The Academy of Hair Limited

The Academy of Hair Limited (Registered number: 07396984)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Academy of Hair Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mrs D Bertolone
M Bertolone Esq
J P Frostick Esq
Ms S Hutchinson





REGISTERED OFFICE: 9 Hermitage Road
St. John's
Woking
Surrey
GU21 8TE





REGISTERED NUMBER: 07396984 (England and Wales)





ACCOUNTANTS: Coussens, Chartered Accountants
Chimneys
Boughton Hall Avenue
Send
Woking
Surrey
GU23 7DD

The Academy of Hair Limited (Registered number: 07396984)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,783 3,761

CURRENT ASSETS
Debtors 5 743 2,486
Cash at bank 25,585 48,298
26,328 50,784
CREDITORS
Amounts falling due within one year 6 (26,164 ) (27,245 )
NET CURRENT ASSETS 164 23,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,947

27,300

PROVISIONS FOR LIABILITIES (277 ) (1,182 )
NET ASSETS 1,670 26,118

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,570 26,018
SHAREHOLDERS' FUNDS 1,670 26,118

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Academy of Hair Limited (Registered number: 07396984)

Balance Sheet - continued
31 March 2018


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 Board of Directors on 24 October 2018 and were signed on its behalf by:




Mrs D Bertolone - Director



Ms S Hutchinson - Director


The Academy of Hair Limited (Registered number: 07396984)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

The Academy of Hair Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 4 ) .

The Academy of Hair Limited (Registered number: 07396984)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2017
and 31 March 2018 5,294 5,840 8,634 19,768
DEPRECIATION
At 1 April 2017 5,294 3,615 7,098 16,007
Charge for year - 556 1,422 1,978
At 31 March 2018 5,294 4,171 8,520 17,985
NET BOOK VALUE
At 31 March 2018 - 1,669 114 1,783
At 31 March 2017 - 2,225 1,536 3,761

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Directors' current accounts 743 2,486

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Tax 19,928 23,754
Social security and other taxes 2,149 1,483
Directors' current accounts 1,041 208
Accrued expenses 3,046 1,800
26,164 27,245

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
100 Ordinary £1 100 100