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REGISTERED NUMBER: 13885605 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2022 to 31 March 2023

for

Cutmore Entertainment Limited

Cutmore Entertainment Limited (Registered number: 13885605)






Contents of the Financial Statements
for the Period 1 February 2022 to 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Cutmore Entertainment Limited

Company Information
for the Period 1 February 2022 to 31 March 2023







DIRECTORS: L A Cutmore
B Cutmore
S J Dark





REGISTERED OFFICE: 106 Charter Avenue
Ilford
Essex
IG2 7AD





REGISTERED NUMBER: 13885605 (England and Wales)





ACCOUNTANTS: Fredericks Limited
Chartered Accountants
106 Charter Avenue
Ilford
Essex
IG2 7AD

Cutmore Entertainment Limited (Registered number: 13885605)

Abridged Balance Sheet
31 March 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 311,220
Tangible assets 5 22,680
333,900

CURRENT ASSETS
Cash at bank 661,854

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

523,352
NET CURRENT ASSETS 138,502
TOTAL ASSETS LESS CURRENT
LIABILITIES

472,402


CAPITAL AND RESERVES
Called up share capital 400
Retained earnings 472,002
SHAREHOLDERS' FUNDS 472,402
472,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cutmore Entertainment Limited (Registered number: 13885605)

Abridged Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by:





L A Cutmore - Director


Cutmore Entertainment Limited (Registered number: 13885605)

Notes to the Financial Statements
for the Period 1 February 2022 to 31 March 2023

1. STATUTORY INFORMATION

Cutmore Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

Cutmore Entertainment Limited (Registered number: 13885605)

Notes to the Financial Statements - continued
for the Period 1 February 2022 to 31 March 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 345,800
At 31 March 2023 345,800
AMORTISATION
Amortisation for period 34,580
At 31 March 2023 34,580
NET BOOK VALUE

At 31 March 2023 311,220

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 30,240
At 31 March 2023 30,240
DEPRECIATION
Charge for period 7,560
At 31 March 2023 7,560
NET BOOK VALUE
At 31 March 2023 22,680

6. RELATED PARTY DISCLOSURES

During the period, total dividends of £124,000 were paid to the directors .

Upon incorporation the company purchased goodwill from Cutmore Entertainment, a partnership previously run by the directors for the sum of £345,800.

An interest freee loan by the diretors is shown within the notes to the financial statements.

7. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who are also the shareholders.