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REGISTERED NUMBER: 05034188 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

BROMHAM ROAD NEWS - COST CUTTERS LIMITED

BROMHAM ROAD NEWS - COST CUTTERS LIMITED (REGISTERED NUMBER: 05034188)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BROMHAM ROAD NEWS - COST CUTTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: S I Patel
Mrs D S Patel





SECRETARY: S I Patel





REGISTERED OFFICE: 106 Bromham Road
Bedford
Bedfordshire
MK40 2QH





REGISTERED NUMBER: 05034188 (England and Wales)





ACCOUNTANTS: M C Patel & Co
Chartered Accountants
Hillingdon House
386/388 Kenton Road
Kenton
Harrow
Middlesex
HA3 9DP

BROMHAM ROAD NEWS - COST CUTTERS LIMITED (REGISTERED NUMBER: 05034188)

ABRIDGED BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 45,831 45,831
Tangible assets 5 180,260 181,410
226,091 227,241

CURRENT ASSETS
Stocks 47,850 50,070
Debtors 30,604 7,000
Cash at bank 64,713 82,211
143,167 139,281
CREDITORS
Amounts falling due within one year 137,919 91,079
NET CURRENT ASSETS 5,248 48,202
TOTAL ASSETS LESS CURRENT
LIABILITIES

231,339

275,443

CREDITORS
Amounts falling due after more than one
year

15,000

24,979
NET ASSETS 216,339 250,464

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 216,239 250,364
SHAREHOLDERS' FUNDS 216,339 250,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BROMHAM ROAD NEWS - COST CUTTERS LIMITED (REGISTERED NUMBER: 05034188)

ABRIDGED BALANCE SHEET - continued
30TH NOVEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th April 2025 and were signed on its behalf by:





S I Patel - Director


BROMHAM ROAD NEWS - COST CUTTERS LIMITED (REGISTERED NUMBER: 05034188)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Bromham Road News - Cost Cutters 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2023
and 30th November 2024 400,000
AMORTISATION
At 1st December 2023
and 30th November 2024 354,169
NET BOOK VALUE

At 30th November 2024 45,831
At 30th November 2023 45,831

BROMHAM ROAD NEWS - COST CUTTERS LIMITED (REGISTERED NUMBER: 05034188)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2023
and 30th November 2024 243,352
DEPRECIATION
At 1st December 2023 61,942
Charge for year 1,150
At 30th November 2024 63,092
NET BOOK VALUE
At 30th November 2024 180,260
At 30th November 2023 181,410