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REGISTERED NUMBER: 01621131 (England and Wales)


















Financial Statements for the Year Ended 31 January 2024

for

Cutler & Woolf (Holdings) Limited

Cutler & Woolf (Holdings) Limited (Registered number: 01621131)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cutler & Woolf (Holdings) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: S Catlin





REGISTERED OFFICE: Unit 1b
Focus 4
Fourth Avenue
Letchworth
Hertfordshire
SG6 2TU





REGISTERED NUMBER: 01621131 (England and Wales)





AUDITORS: George Hay Partnership LLP
Chartered Accountants
and Statutory Auditor
Unit 1B
Focus 4
Fourth Avenue
Letchworth
Hertfordshire
SG6 2TU

Cutler & Woolf (Holdings) Limited (Registered number: 01621131)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 10,000 10,000
Investment property 6 392,512 392,512
402,512 402,512

CURRENT ASSETS
Debtors 7 62,387 73,587
Cash at bank 7,741 1,553
70,128 75,140
CREDITORS
Amounts falling due within one year 8 198,727 219,626
NET CURRENT LIABILITIES (128,599 ) (144,486 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,913

258,026

CREDITORS
Amounts falling due after more than one
year

9

230,250

241,777
NET ASSETS 43,663 16,249

CAPITAL AND RESERVES
Called up share capital 4,680 4,680
Share premium 1,070 1,070
Capital redemption reserve 5,000 5,000
Retained earnings 32,913 5,499
SHAREHOLDERS' FUNDS 43,663 16,249

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 October 2024 and were signed by:





S Catlin - Director


Cutler & Woolf (Holdings) Limited (Registered number: 01621131)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Cutler & Woolf (Holdings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Cutler & Woolf (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Cutler & Woolf (Holdings) Limited (Registered number: 01621131)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2023
and 31 January 2024 10,000
NET BOOK VALUE
At 31 January 2024 10,000
At 31 January 2023 10,000

100% owned subsidiary undertakings

Cutler & Woolf (Steel) Limited

The registered office Unit 1b, Focus Four, Fourth Avenue, Letchworth, SG6 2TU

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 392,512
NET BOOK VALUE
At 31 January 2024 392,512
At 31 January 2023 392,512

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 62,387 73,587

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 28,372 28,373
Amounts owed to group undertakings 90,620 119,090
Taxation and social security 8,855 1,283
Other creditors 70,880 70,880
198,727 219,626

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 230,250 241,777

Cutler & Woolf (Holdings) Limited (Registered number: 01621131)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

10. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

R C Dilley FCA FCCA (Senior Statutory Auditor)
for and on behalf of George Hay Partnership LLP