Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					1,083			1,848
Current assets
Stocks					10,211			8,673
Cash at bank and in hand					31,635			35,154
					41,846			43,827
Creditors: Amounts falling due within one year					(5,164)			(6,731)
Net current assets					36,682			37,096
Net assets					37,765			38,944
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					37,763			38,942
Shareholders' funds					37,765			38,944

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A & R Salon Enterprises Limited
(Registration number: 06984202)
Abbreviated Balance Sheet at 31 August 2016

For the year ending 31 August 2016 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 director acknowledges her 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 director on 22 May 2017

A J Cooney Director

Page 2

A & R Salon Enterprises Limited
Notes to the Abbreviated Accounts
For the Year Ended 31 August 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts receivable for the sale of hair products net of VAT, recognised at the point of sale.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: