1 November 2022 false No description of principal activity Taxfiler 2024.5 09850549business:PrivateLimitedCompanyLtd2022-11-012023-10-31 098505492022-10-31 098505492022-11-012023-10-31 09850549business:AuditExemptWithAccountantsReport2022-11-012023-10-31 09850549business:FilletedAccounts2022-11-012023-10-31 098505492023-10-31 09850549business:Director12022-11-012023-10-31 09850549business:RegisteredOffice2022-11-012023-10-31 098505492022-10-31 09850549core:WithinOneYear2023-10-31 09850549core:WithinOneYear2022-10-31 09850549core:AfterOneYear2023-10-31 09850549core:AfterOneYear2022-10-31 09850549core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 09850549core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 09850549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 09850549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 09850549core:PreviouslyStatedAmount2023-10-31 09850549core:PreviouslyStatedAmount2022-10-31 09850549business:SmallEntities2022-11-012023-10-31 09850549countries:EnglandWales2022-11-012023-10-31 09850549core:PlantMachinery2022-11-012023-10-31 09850549core:PlantMachinery2022-10-31 09850549core:PlantMachinery2023-10-31 098505492021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09850549 (England and Wales)
Cutlasercut Ltd Unaudited accounts for the year ended 31 October 2023
Cutlasercut Ltd Unaudited accounts Contents
Page
- 2 -
Cutlasercut Ltd Company Information for the year ended 31 October 2023
Director
Russ Mellor
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
- 3 -
Cutlasercut Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,976 
Current assets
Debtors
9,383 
14,040 
Cash at bank and in hand
50 
2,531 
9,433 
16,571 
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)
Capital and reserves
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
- 4 -
Cutlasercut Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 November 2022
81,572 
At 31 October 2023
81,572 
Depreciation
At 1 November 2022
78,596 
Charge for the year
2,976 
At 31 October 2023
81,572 
Net book value
At 31 October 2023
- 
At 31 October 2022
2,976 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,180 
13,365 
Other debtors
1,203 
675 
9,383 
14,040 
- 5 -
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 
- 
VAT
10,780 
16,147 
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 
Accruals
775 
775 
158,807 
111,818 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,117 
45,595 
8
Average number of employees
During the year the average number of employees was 8 (2022: 9).
- 6 -