IRIS Accounts Production v25.1.3.33 12971139 director 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary A 0.01000 Ordinary B 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129711392023-10-31129711392024-10-31129711392023-11-012024-10-31129711392022-10-31129711392022-11-012023-10-31129711392023-10-3112971139ns15:EnglandWales2023-11-012024-10-3112971139ns14:PoundSterling2023-11-012024-10-3112971139ns10:Director12023-11-012024-10-3112971139ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3112971139ns10:SmallEntities2023-11-012024-10-3112971139ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3112971139ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3112971139ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3112971139ns10:FullAccounts2023-11-012024-10-3112971139ns10:OrdinaryShareClass12023-11-012024-10-3112971139ns10:OrdinaryShareClass22023-11-012024-10-3112971139ns10:RegisteredOffice2023-11-012024-10-3112971139ns5:CurrentFinancialInstruments2024-10-3112971139ns5:CurrentFinancialInstruments2023-10-3112971139ns5:Non-currentFinancialInstruments2024-10-3112971139ns5:Non-currentFinancialInstruments2023-10-3112971139ns5:ShareCapital2024-10-3112971139ns5:ShareCapital2023-10-3112971139ns5:RetainedEarningsAccumulatedLosses2024-10-3112971139ns5:RetainedEarningsAccumulatedLosses2023-10-3112971139ns5:PlantMachinery2023-10-3112971139ns5:FurnitureFittings2023-10-3112971139ns5:MotorVehicles2023-10-3112971139ns5:PlantMachinery2023-11-012024-10-3112971139ns5:FurnitureFittings2023-11-012024-10-3112971139ns5:MotorVehicles2023-11-012024-10-3112971139ns5:PlantMachinery2024-10-3112971139ns5:FurnitureFittings2024-10-3112971139ns5:MotorVehicles2024-10-3112971139ns5:PlantMachinery2023-10-3112971139ns5:FurnitureFittings2023-10-3112971139ns5:MotorVehicles2023-10-3112971139ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3112971139ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3112971139ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-10-3112971139ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-10-3112971139ns10:OrdinaryShareClass12024-10-3112971139ns10:OrdinaryShareClass22024-10-31
REGISTERED NUMBER: 12971139 (England and Wales)















Cutcrew Ltd

Unaudited Financial Statements

for the Year Ended 31st October 2024






Cutcrew Ltd (Registered number: 12971139)






Contents of the Financial Statements
for the year ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Cutcrew Ltd

Company Information
for the year ended 31st October 2024







DIRECTOR: J Churchman





REGISTERED OFFICE: Unit 4b Warrington
Olney
MK46 4HN





REGISTERED NUMBER: 12971139 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Cutcrew Ltd (Registered number: 12971139)

Balance Sheet
31st October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 239,041 141,472

CURRENT ASSETS
Stocks 45,000 45,000
Debtors 6 73,767 13,999
Cash at bank 4,389 364
123,156 59,363
CREDITORS
Amounts falling due within one year 7 180,881 69,791
NET CURRENT LIABILITIES (57,725 ) (10,428 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

181,316

131,044

CREDITORS
Amounts falling due after more than one
year

8

179,263

65,407
NET ASSETS 2,053 65,637

CAPITAL AND RESERVES
Called up share capital 10 1 -
Retained earnings 2,052 65,637
SHAREHOLDERS' FUNDS 2,053 65,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 29th May 2025 and were signed by:





J Churchman - Director


Cutcrew Ltd (Registered number: 12971139)

Notes to the Financial Statements
for the year ended 31st October 2024

1. STATUTORY INFORMATION

Cutcrew Ltd 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. 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

Cutcrew Ltd (Registered number: 12971139)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1st November 2023 33,433 91,891 54,016 179,340
Additions 20,350 98,841 52,496 171,687
At 31st October 2024 53,783 190,732 106,512 351,027
DEPRECIATION
At 1st November 2023 - 17,287 20,581 37,868
Charge for year 8,358 44,395 21,365 74,118
At 31st October 2024 8,358 61,682 41,946 111,986
NET BOOK VALUE
At 31st October 2024 45,425 129,050 64,566 239,041
At 31st October 2023 33,433 74,604 33,435 141,472

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,487 11,467
Amounts owed by group undertakings 3,437 -
Other debtors 53,843 2,532
73,767 13,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 19,570 15,147
Hire purchase contracts 47,799 -
Trade creditors 67,197 31,215
Taxation and social security 44,966 16,346
Other creditors 1,349 7,083
180,881 69,791

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 46,365 -
Hire purchase contracts 132,898 -
Other creditors - 65,407
179,263 65,407

Cutcrew Ltd (Registered number: 12971139)

Notes to the Financial Statements - continued
for the year ended 31st October 2024

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 1,824 3,416
Bank loans 17,746 11,731
19,570 15,147

Amounts falling due between one and two years:
Bank loans - 1-2 years 46,365 -

10. CALLED UP SHARE CAPITAL

**ERROR - CONFLICTS FOUND BETWEEN POSTINGS AND SHARE REGISTER - PLEASE REVIEW EXCEPTION REPORT (EXR).


Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary A 1p 1 -
50 Ordinary B 1p - -
1 -