CULT ENTERPRISES LTD

Company Registration Number:
12564230 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

CULT ENTERPRISES LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CULT ENTERPRISES LTD

Company Information

for the Period Ended 30 April 2024




Director: Miss Rachel Oliver
Registered office: 61
Bridge Street
Kington
Herts
HR5 3DJ
Company Registration Number: 12564230 (England and Wales)

CULT ENTERPRISES LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 527 1,391
Total fixed assets: 527 1,391
Current assets
Debtors: 5 2,722
Cash at bank and in hand: 20,554 18,175
Total current assets: 23,276 18,175
Creditors: amounts falling due within one year: 6 ( 4,221 ) ( 5,635 )
Net current assets (liabilities): 19,055 12,540
Total assets less current liabilities: 19,582 13,931
Total net assets (liabilities): 19,582 13,931

The notes form part of these financial statements

CULT ENTERPRISES LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 19,482 13,831
Shareholders funds: 19,582 13,931

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 23 September 2024
And Signed On Behalf Of The Board By:

Name: Miss Rachel Oliver
Status: Director

The notes form part of these financial statements

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover
    The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the period. Some of the company's turnover was derived from supplying geographical
    markets outside the United Kingdom.

    Tangible fixed assets depreciation policy

    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 Straight line 25%
    Office equipment Straight line 25%
    Fixtures & fittings Reducing balance 25%

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 May 2023 1,250 2,750 4,000
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 April 2024 1,250 2,750 4,000
Depreciation
At 01 May 2023 547 2,062 2,609
Charge for year 176 688 864
On disposals - - -
Other adjustments - - -
At 30 April 2024 723 2,750 3,473
Net book value
At 30 April 2024 527 0 527
At 30 April 2023 703 688 1,391

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors


2024
£

2023
£
Other debtors 2,722
Total 2,722

CULT ENTERPRISES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,629 2,644
Other creditors 2,592 2,991
Total 4,221 5,635