1 August 2022 false No description of principal activity Taxfiler 2023.9 08138302business:PrivateLimitedCompanyLtd2022-08-012023-07-31 081383022022-07-31 081383022022-08-012023-07-31 08138302business:AuditExemptWithAccountantsReport2022-08-012023-07-31 08138302business:FilletedAccounts2022-08-012023-07-31 081383022023-07-31 08138302business:Director12022-08-012023-07-31 08138302business:RegisteredOffice2022-08-012023-07-31 081383022022-07-31 08138302core:WithinOneYear2023-07-31 08138302core:WithinOneYear2022-07-31 08138302core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 08138302core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 08138302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 08138302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 08138302core:PreviouslyStatedAmount2023-07-31 08138302core:PreviouslyStatedAmount2022-07-31 08138302business:SmallEntities2022-08-012023-07-31 08138302countries:EnglandWales2022-08-012023-07-31 08138302core:FurnitureFittings2022-08-012023-07-31 08138302core:LandBuildings2022-07-31 08138302core:FurnitureFittings2022-07-31 08138302core:ComputerEquipment2022-07-31 08138302core:LandBuildings2022-08-012023-07-31 08138302core:ComputerEquipment2022-08-012023-07-31 08138302core:LandBuildings2023-07-31 08138302core:FurnitureFittings2023-07-31 08138302core:ComputerEquipment2023-07-31 08138302business:OrdinaryShareClass12022-08-012023-07-31 08138302business:OrdinaryShareClass12021-08-012022-07-31 081383022021-08-012022-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08138302 (England and Wales)
Cut Above Gents Hairstylist Ltd Unaudited accounts for the year ended 31 July 2023
Cut Above Gents Hairstylist Ltd Unaudited accounts Contents
Page
- 2 -
Cut Above Gents Hairstylist Ltd Company Information for the year ended 31 July 2023
Director
Mohammed Fiaz
Company Number
08138302 (England and Wales)
Registered Office
260 BURLEY ROAD LEEDS LS4 2NY
Accountants
Raja & Hussain Associates 21 Duckworth Lane Bradford West Yorkshire BD9 5ER
- 3 -
Cut Above Gents Hairstylist Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,626 
50,266 
Current assets
Cash at bank and in hand
91,155 
68,940 
Creditors: amounts falling due within one year
(13,454)
(13,663)
Net current assets
77,701 
55,277 
Net assets
128,327 
105,543 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
128,326 
105,542 
Shareholders' funds
128,327 
105,543 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2023 and were signed on its behalf by
Mohammed Fiaz Director Company Registration No. 08138302
- 4 -
Cut Above Gents Hairstylist Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Cut Above Gents Hairstylist Ltd is a private company, limited by shares, registered in England and Wales, registration number 08138302. The registered office is 260 BURLEY ROAD, LEEDS, LS4 2NY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18%
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
43,939 
- 
16,702 
60,641 
Additions
- 
18,530 
- 
18,530 
Disposals
- 
- 
(6,327)
(6,327)
At 31 July 2023
43,939 
18,530 
10,375 
72,844 
Depreciation
At 1 August 2022
- 
- 
10,375 
10,375 
Charge for the year
- 
11,843 
- 
11,843 
At 31 July 2023
- 
11,843 
10,375 
22,218 
Net book value
At 31 July 2023
43,939 
6,687 
- 
50,626 
At 31 July 2022
43,939 
- 
6,327 
50,266 
- 5 -
Cut Above Gents Hairstylist Ltd Notes to the Accounts for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
815 
815 
Taxes and social security
6,279 
5,481 
Other creditors
6,360 
7,367 
13,454 
13,663 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -