REGISTERED NUMBER: 07320869 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2012

FOR

1 TO 1 HAIR LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S D J Brewer

SECRETARY:

REGISTERED OFFICE:

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

REGISTERED NUMBER:

07320869 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

& Statutory Auditors

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Tangible assets

2

1,776

2,510

CURRENT ASSETS

Stocks

862

700

Cash at bank and in hand

(214

)

565

648

1,265

CREDITORS

Amounts falling due within one year

(22,729

)

(20,328

)

NET CURRENT LIABILITIES

(22,081

)

(19,063

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,305

)

(16,553

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(20,306

)

(16,554

)

SHAREHOLDERS' FUNDS

(20,305

)

(16,553

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2012.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2012 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 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 24 April 2013 and were signed by:

Mrs S D J Brewer - 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 April 2008).

Turnover

Turnover represents the value of goods and services supplied during the year, excluding value added tax.

Tangible fixed assets

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

Legal fees

-

33% on cost

Fixtures and fittings

-

20% on reducing balance

Flat furniture

-

20% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2011

and 31 July 2012

3,330

DEPRECIATION

At 1 August 2011

820

Charge for year

734

At 31 July 2012

1,554

NET BOOK VALUE

At 31 July 2012

1,776

At 31 July 2011

2,510

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2012

2011

value:

£

£

1

Ordinary

£1

1

1