|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BAMBOO HAIR LIMITED |
|
Unaudited Financial Statements for the Year Ended 31 December 2017 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BAMBOO HAIR LIMITED |
|
Unaudited Financial Statements for the Year Ended 31 December 2017 |
|
|
|
|
|
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Contents of the Financial Statements |
for the Year Ended 31 December 2017 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Chartered Accountants' Report | 7 |
BAMBOO HAIR LIMITED |
|
Company Information |
for the Year Ended 31 December 2017 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Granville House |
2 Tettenhall Road |
Wolverhampton |
West Midlands |
WV1 4SB |
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Balance Sheet |
31 December 2017 |
|
31.12.17 | 31.12.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
|
|
|
CURRENT ASSETS |
Stocks | 5 |
|
|
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES | 8 |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital | 9 |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Balance Sheet - continued |
31 December 2017 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Notes to the Financial Statements |
for the Year Ended 31 December 2017 |
|
|
1. | STATUTORY INFORMATION |
|
Bamboo Hair Limited is a
|
registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
Turnover |
Turnover represents the value of services and goods net of vat. Turnover is recognised when the service has been |
given to the customer and goods have been physically received. |
|
Tangible fixed assets |
|
Improvements to property | - |
|
Fixtures, fittings & equipment | - |
|
Computer equipment | - |
|
|
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
|
Financial instruments |
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible |
preference shares or non-puttable ordinary shares which are measured at fair value, with changes |
recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair |
value with changes recognised in profit or loss. |
|
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. |
|
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
|
|
2. | ACCOUNTING POLICIES - continued |
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
|
|
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures, |
to | fittings | Computer |
property | & equipment | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 January 2017 |
|
|
|
|
Additions |
|
|
|
|
At 31 December 2017 |
|
|
|
|
DEPRECIATION |
At 1 January 2017 |
|
|
|
|
Charge for year |
|
|
|
|
At 31 December 2017 |
|
|
|
|
NET BOOK VALUE |
At 31 December 2017 |
|
|
|
|
At 31 December 2016 |
|
|
|
|
|
5. | STOCKS |
31.12.17 | 31.12.16 |
£ | £ |
Stocks |
|
|
BAMBOO HAIR LIMITED (REGISTERED NUMBER: 06287878) |
|
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2017 |
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.17 | 31.12.16 |
£ | £ |
Other debtors |
|
|
Prepayments |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.17 | 31.12.16 |
£ | £ |
Trade creditors |
|
|
Tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
Pension fund | 86 | - |
Accrued expenses |
|
|
|
|
|
8. | PROVISIONS FOR LIABILITIES |
31.12.17 | 31.12.16 |
£ | £ |
Deferred tax | 432 | 599 |
|
Deferred |
tax |
£ |
Balance at 1 January 2017 |
|
Credit to Income Statement during year | ( |
) |
Balance at 31 December 2017 |
|
|
9. | CALLED UP SHARE CAPITAL |
|
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.17 | 31.12.16 |
value: | £ | £ |
|
Ordinary | £1 | 2 | 2 |
|
10. | ULTIMATE CONTROLLING PARTY |
|
The company is controlled by the Director. |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Bamboo Hair Limited |
|
|
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Director are not required to be filed with the Registrar of Companies. |
|
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Bamboo Hair Limited for the year ended 31 December 2017 which comprise the Income |
Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records |
and from information and explanations you have given us. |
|
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
|
This report is made solely to the director of Bamboo Hair Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bamboo Hair Limited and state those matters that we have agreed to state to the director of Bamboo Hair Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bamboo Hair Limited and its director for our work or for this report. |
|
It is your duty to ensure that Bamboo Hair Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bamboo Hair Limited. You consider that Bamboo Hair Limited is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the financial statements of Bamboo Hair Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
|
|
|
|
|
|
|
Granville House |
2 Tettenhall Road |
Wolverhampton |
West Midlands |
WV1 4SB |
|
|
Date: ............................................. |