Abbreviated Company Accounts - ACADEMY OF HAIR & BEAUTY LIMITED

04482199 ACADEMY OF HAIR & BEAUTY LIMITED 2013-07-31 false 2012-08-01 2013-07-31 true 04482199 2012-08-01 2013-07-31 04482199 2013-07-31 04482199 2012-07-31 04482199 uk-gaap-cd-bus:Director1 2012-08-01 2013-07-31 04482199 uk-gaap-cd-bus:Director2 2012-08-01 2013-07-31 uk-gaap-cd-bus:Director3 2012-08-01 2013-07-31 uk-gaap-cd-bus:Director3 2013-07-31 uk-gaap-cd-bus:Director3 2012-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-01 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2012-08-01 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-07-31 uk-gaap-cd-bus:OrdinaryShareClass2 2012-07-31 iso4217:GBP shares

Registered Number 04482199

ACADEMY OF HAIR & BEAUTY LIMITED

Abbreviated Accounts

31 July 2013

ACADEMY OF HAIR & BEAUTY LIMITED Registered Number 04482199

Abbreviated Balance Sheet as at 31 July 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	9,154	10,232
		9,154	10,232
Current assets
Stocks		1,000	1,000
Debtors		58,905	79,864
Cash at bank and in hand		-	169
		59,905	81,033
Creditors: amounts falling due within one year		(62,187)	(76,705)
Net current assets (liabilities)		(2,282)	4,328
Total assets less current liabilities		6,872	14,560
Creditors: amounts falling due after more than one year		(5,613)	(13,131)
Provisions for liabilities		(1,142)	(1,207)
Total net assets (liabilities)		117	222
Capital and reserves
Called up share capital	3	102	102
Profit and loss account		15	120
Shareholders' funds		117	222

For the year ending 31 July 2013 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 accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 October 2013

And signed on their behalf by:
S Bamford, Director

ACADEMY OF HAIR & BEAUTY LIMITED Registered Number 04482199

Notes to the Abbreviated Accounts for the period ended 31 July 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 20% reducing balance

Other accounting policies
STOCK
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 August 2012	39,851
Additions	1,210
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2013	41,061
Depreciation
At 1 August 2012	29,619
Charge for the year	2,288
On disposals	-
At 31 July 2013	31,907
Net book values
At 31 July 2013	9,154
At 31 July 2012	10,232

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2
100 B Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	S Bamford
Description of the transaction:	Interest free loans
Balance at 1 August 2012:	£ 50,606
Advances or credits made:	-
Advances or credits repaid:	£ 18,437
Balance at 31 July 2013:	£ 32,169