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Company Registration No. 13219007 (England and Wales)
CUTTING RIGHT UK LTD Unaudited accounts for the year ended 29 February 2024
CUTTING RIGHT UK LTD Unaudited accounts Contents
Page
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CUTTING RIGHT UK LTD Company Information for the year ended 29 February 2024
Director
Ghulam MURTAZA
Company Number
13219007 (England and Wales)
Registered Office
14 Thornton Heath, SURREY CR7 6BA
Accountants
Bismil Accountants Certified Accountants and Tax Advisors Challenge House 616 Mitcham Road Croydon CR0 3AA
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CUTTING RIGHT UK LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,224 
3,220 
Current assets
Inventories
- 
1,349 
Debtors
35,615 
2,602 
Cash at bank and in hand
3,015 
9,423 
38,630 
13,374 
Creditors: amounts falling due within one year
(8,040)
(14,737)
Net current assets/(liabilities)
30,590 
(1,363)
Net assets
32,814 
1,857 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
32,714 
1,757 
Shareholders' funds
32,814 
1,857 
For the year ending 29 February 2024 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 15 March 2024 and were signed on its behalf by
Ghulam MURTAZA Director Company Registration No. 13219007
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CUTTING RIGHT UK LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
CUTTING RIGHT UK LTD is a private company, limited by shares, registered in England and Wales, registration number 13219007. The registered office is 14 Thornton Heath,, SURREY, CR7 6BA.
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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
2,244 
2,545 
4,789 
At 29 February 2024
2,244 
2,545 
4,789 
Depreciation
At 1 March 2023
735 
834 
1,569 
Charge for the year
287 
709 
996 
At 29 February 2024
1,022 
1,543 
2,565 
Net book value
At 29 February 2024
1,222 
1,002 
2,224 
At 28 February 2023
1,509 
1,711 
3,220 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
504 
502 
Amounts falling due after more than one year
Trade debtors
35,111 
- 
Other debtors
- 
2,100 
35,111 
2,100 
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CUTTING RIGHT UK LTD Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
7,374 
Loans from directors
8,040 
7,363 
8,040 
14,737 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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