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Reports Dated : 19/10/2024 Registered Number: 07904526
England and Wales

 

 

 

CUTTING EDGE TRADERS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 February 2023

End date: 31 January 2024
Director Opeyemi Abayomi FABIYI
Registered Number 07904526
Registered Office 16 Cowslip Lane
Castelford
WF10 5UG
Accountants J and Co. Accountants
85 Great Portland Street
First Floor
LONDON
United Kingdom
W1W 7LT
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Director's report and financial statements
The director presents his/her/their report and accounts for the year ended 31 January 2024.
Director
The director who served the company throughout the year was as follows:
Opeyemi Abayomi FABIYI

On behalf of the board.


----------------------------------
Opeyemi Abayomi FABIYI
Director

Date approved: 19 October 2024
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2024
£
  2023
£
Turnover 14,000    35,782 
Staff costs (12,659)   (13,005)
Depreciations and other amounts written off assets (6)   (8)
Other charges (3,867)   (11,208)
Tax   (2,578)
Profit/(Loss) for the financial year (2,532)   8,983 
 
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  2024   2023
    £ £   £ £
Fixed assets   17      23 
Current assets 8,732      17,384   
Creditors: amount falling due within one year     (4,635)  
Net current assets   8,732      12,749 
Total assets less current liabilities   8,749      12,772 
Creditors: amount falling due after more than one year   (3,259)     (4,750)
Accruals and deferred income   (500)     (500)
Net assets   4,990      7,522 
 

         
Capital and reserves   4,990      7,522 
 
NOTES TO THE ACCOUNTS

General Information
CUTTING EDGE TRADERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07904526, registration address 16 Cowslip Lane, Castelford, WF10 5UG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.

Average number of employees

Average number of employees during the year was 1 (2023 : 1).


For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 19 October 2024 and were signed by:


--------------------------------
Opeyemi Abayomi FABIYI
Director
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