Registered number
07567905
H2H Salon Limited
Abbreviated Accounts
31 August 2015
H2H Salon Limited
Registered number: 07567905
Abbreviated Balance Sheet
as at 31 August 2015
Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 8,400 9,800
Tangible assets 3 1,076 1,028
9,476 10,828
Current assets
Stocks 422 365
Cash at bank and in hand 1,298 2,132
1,720 2,497
Creditors: amounts falling due within one year (200) (200)
Net current assets 1,520 2,297
Total assets less current liabilities 10,996 13,125
Creditors: amounts falling due after more than one year (14,312) (16,824)
Net liabilities (3,316) (3,699)
Capital and reserves
Called up share capital 4 100 100
Profit and loss account (3,416) (3,799)
Shareholders' funds (3,316) (3,699)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Ms Evanthea Ioannou
Director
Approved by the board on 28 May 2016
H2H Salon Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2015
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Intangible Assets 10% straight line
Equipment 20% reducing balance
Stocks
Stock is valued at the lower of cost and net realisable value.
2 Intangible fixed assets £
Cost
At 1 September 2014 14,000
At 31 August 2015 14,000
Amortisation
At 1 September 2014 4,200
Provided during the year 1,400
At 31 August 2015 5,600
Net book value
At 31 August 2015 8,400
At 31 August 2014 9,800
3 Tangible fixed assets £
Cost
At 1 September 2014 1,765
Additions 300
At 31 August 2015 2,065
Depreciation
At 1 September 2014 737
Charge for the year 252
At 31 August 2015 989
Net book value
At 31 August 2015 1,076
At 31 August 2014 1,028
4 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 100 100 100
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