Company Registration No. 09850549 (England and Wales)
Cutlasercut Ltd
Unaudited accounts
for the year ended 31 October 2023
Cutlasercut Ltd
Unaudited accounts
Contents
Cutlasercut Ltd
Company Information
for the year ended 31 October 2023
Company Number
09850549 (England and Wales)
Registered Office
Artichoke Mews, Unit 1 Artichoke Place
Camberwell
London
SE5 8TS
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Cutlasercut Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
50
2,531
Creditors: amounts falling due within one year
(158,807)
(111,818)
Net current liabilities
(149,374)
(95,247)
Total assets less current liabilities
(149,374)
(92,271)
Creditors: amounts falling due after more than one year
(41,117)
(45,595)
Net liabilities
(190,491)
(137,866)
Called up share capital
100
100
Profit and loss account
(190,591)
(137,966)
Shareholders' funds
(190,491)
(137,866)
For the year ending 31 October 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 28 June 2024 and were signed on its behalf by
Russ Mellor
Director
Company Registration No. 09850549
Cutlasercut Ltd
Notes to the Accounts
for the year ended 31 October 2023
Cutlasercut Ltd is a private company, limited by shares, registered in England and Wales, registration number 09850549. The registered office is Artichoke Mews, Unit 1 Artichoke Place, Camberwell, London, SE5 8TS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
8,180
13,365
Cutlasercut Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
17,664
-
Trade creditors
6,483
9,747
Taxes and social security
394
2,697
Other creditors
59,010
28,460
Loans from directors
63,701
53,992
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 8 (2022: 9).