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REGISTERED NUMBER: 05266494 (England and Wales)















ARISTOCUTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ARISTOCUTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mrs S L Jamieson





SECRETARY: Indigo Secretaries Limited





REGISTERED OFFICE: 3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS





REGISTERED NUMBER: 05266494 (England and Wales)





ACCOUNTANTS: Higginson & Co (UK) Ltd
3 Kensworth Gate
200 - 204 High Street South
Dunstable
Bedfordshire
LU6 3HS

ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,067 8,557

CURRENT ASSETS
Stocks 3,509 3,190
Debtors 5 16,881 17,662
Cash at bank and in hand 92,987 99,247
113,377 120,099
CREDITORS
Amounts falling due within one year 6 45,191 44,532
NET CURRENT ASSETS 68,186 75,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,253

84,124

CREDITORS
Amounts falling due after more than one
year

7

(15,620

)

(25,718

)

PROVISIONS FOR LIABILITIES 8 (1,723 ) (1,626 )
NET ASSETS 59,910 56,780

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 59,810 56,680
SHAREHOLDERS' FUNDS 59,910 56,780

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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 8 April 2024 and were signed by:





Mrs S L Jamieson - Director


ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Aristocuts 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.

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 - 15% on reducing balance
Fixtures and fittings - 25% on cost and 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2023 14,350 55,885 70,235
Additions 2,438 - 2,438
At 31 December 2023 16,788 55,885 72,673
DEPRECIATION
At 1 January 2023 12,046 49,632 61,678
Charge for year 712 1,216 1,928
At 31 December 2023 12,758 50,848 63,606
NET BOOK VALUE
At 31 December 2023 4,030 5,037 9,067
At 31 December 2022 2,304 6,253 8,557

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Directors' current accounts 9,412 9,988
Prepayments 7,469 7,674
16,881 17,662

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,156 9,933
Trade creditors 3,478 4,009
Corporation tax 8,292 8,756
Social security and other taxes 621 981
VAT 10,680 10,109
Accrued expenses 11,964 10,744
45,191 44,532

ARISTOCUTS LIMITED (REGISTERED NUMBER: 05266494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,361 10,134
Bank loans - 2-5 years 5,259 15,584
15,620 25,718

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 1,723 1,626

Deferred
tax
£   
Balance at 1 January 2023 1,626
Charge to Income Statement during year 97
Balance at 31 December 2023 1,723

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mrs S L Jamieson
Balance outstanding at start of year 9,988 9,979
Amounts advanced - 9
Amounts repaid (576 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,412 9,988

11. RELATED PARTY DISCLOSURES

The company has been under the control of Mrs. S. Jamieson since incorporation.

The company trades from premises owned by the director.