IRIS Accounts Production v23.1.5.20 05408787 director 1.4.22 31.3.23 31.3.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure054087872022-03-31054087872023-03-31054087872022-04-012023-03-31054087872021-03-31054087872021-04-012022-03-31054087872022-03-3105408787ns16:EnglandWales2022-04-012023-03-3105408787ns15:PoundSterling2022-04-012023-03-3105408787ns11:Director12022-04-012023-03-3105408787ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3105408787ns11:SmallEntities2022-04-012023-03-3105408787ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3105408787ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105408787ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105408787ns11:FullAccounts2022-04-012023-03-310540878712022-04-012023-03-3105408787ns11:OrdinaryShareClass12022-04-012023-03-3105408787ns11:CompanySecretary12022-04-012023-03-3105408787ns11:RegisteredOffice2022-04-012023-03-3105408787ns6:CurrentFinancialInstruments2023-03-3105408787ns6:CurrentFinancialInstruments2022-03-3105408787ns6:ShareCapital2023-03-3105408787ns6:ShareCapital2022-03-3105408787ns6:RetainedEarningsAccumulatedLosses2023-03-3105408787ns6:RetainedEarningsAccumulatedLosses2022-03-3105408787ns6:NetGoodwill2022-04-012023-03-3105408787ns6:PlantMachinery2022-04-012023-03-3105408787ns6:NetGoodwill2022-03-3105408787ns6:NetGoodwill2023-03-3105408787ns6:NetGoodwill2022-03-3105408787ns6:PlantMachinery2022-03-3105408787ns6:PlantMachinery2023-03-3105408787ns6:PlantMachinery2022-03-3105408787ns11:OrdinaryShareClass12023-03-3105408787ns6:RetainedEarningsAccumulatedLosses2022-03-3105408787ns6:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 05408787 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

CUTTING CREW (BOSTON) LIMITED

CUTTING CREW (BOSTON) LIMITED (REGISTERED NUMBER: 05408787)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CUTTING CREW (BOSTON) LIMITED

Company Information
for the year ended 31 March 2023







Director: Mrs C M Ingamells





Secretary: Mrs C M Ingamells





Registered office: 23 Algitha Road
Skegness
England
Lincolnshire
PE25 2AG





Registered number: 05408787 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
23 Algitha Road
Skegness
United Kingdom
PE25 2AG

CUTTING CREW (BOSTON) LIMITED (REGISTERED NUMBER: 05408787)

Statement of Financial Position
31 March 2023

2023 2022
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 326 435
326 435

Current assets
Stocks 6 1,300 1,458
Debtors 7 - 10,000
Cash at bank and in hand 18,381 10,848
19,681 22,306
Creditors
Amounts falling due within one year 8 2,928 6,721
Net current assets 16,753 15,585
Total assets less current liabilities 17,079 16,020

Provisions for liabilities 62 -
Net assets 17,017 16,020

Capital and reserves
Called up share capital 9 1 1
Retained earnings 10 17,016 16,019
Shareholders' funds 17,017 16,020

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

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

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.

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

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 and authorised for issue on 22 June 2023 and were signed by:





Mrs C M Ingamells - Director


CUTTING CREW (BOSTON) LIMITED (REGISTERED NUMBER: 05408787)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

Cutting Crew (Boston) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill is written off over a 3 year period.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Intangible fixed assets
Goodwill
£
Cost
At 1 April 2022
and 31 March 2023 12,500
Amortisation
At 1 April 2022
and 31 March 2023 12,500
Net book value
At 31 March 2023 -
At 31 March 2022 -

CUTTING CREW (BOSTON) LIMITED (REGISTERED NUMBER: 05408787)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


5. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2022
and 31 March 2023 1,398
Depreciation
At 1 April 2022 963
Charge for year 109
At 31 March 2023 1,072
Net book value
At 31 March 2023 326
At 31 March 2022 435

6. Stocks
2023 2022
£ £
Stocks 1,300 1,458

7. Debtors: amounts falling due within one year
2023 2022
£ £
Other debtors - 10,000

8. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 1,067 2,018
Corporation tax 1,074 1,892
Directors' current accounts 787 2,811
2,928 6,721

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1

CUTTING CREW (BOSTON) LIMITED (REGISTERED NUMBER: 05408787)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


10. Reserves
Retained
earnings
£

At 1 April 2022 16,019
Profit for the year 4,097
Dividends (3,100 )
At 31 March 2023 17,016