EZ CUTTZ LIMITED

Company Registration Number:
11190286 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

EZ CUTTZ LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

EZ CUTTZ LIMITED

Balance sheet

As at 28 February 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 1,652 9,809
Total fixed assets: 1,652 9,809
Current assets
Stocks:   3,751
Debtors: 4 655 371
Cash at bank and in hand: 1,912 9,278
Total current assets: 2,567 13,400
Creditors: amounts falling due within one year: 5 (469) (924)
Net current assets (liabilities): 2,098 12,476
Total assets less current liabilities: 3,750 22,285
Creditors: amounts falling due after more than one year: 6 (1,183) (16,030)
Total net assets (liabilities): 2,567 6,255
Capital and reserves
Called up share capital: 100 100
Other reserves:   2,213
Profit and loss account: 2,467 3,942
Shareholders funds: 2,567 6,255

The notes form part of these financial statements

EZ CUTTZ LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 June 2025
and signed on behalf of the board by:

Name: FORD, Ezra Joseph James
Status: Director

The notes form part of these financial statements

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Other accounting policies

EZ Cuttz limited hereinafter referred to as the Company is registered with companies house with registration no 11190286 With Mr FORD, Ezra Joseph James as the Sole director. The Company provides services through its director to its customer for haircut and hair treatment. These financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards the preparation of financial statements in conformity with FRS requires management for small companies.

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 6 6

The Director have staff that worked on zero hour on a flexible term and paid based on the hours worked. The wages paid to them is shown. The Employee are not directly employed by the business and will make arrangement to pay their own tax. This has been agreed. All the workers have provided evidence of self-assessment registration

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
At 29 February 2024 10,164
Additions 2,132
Disposals (5,331)
At 28 February 2025 6,965
Depreciation
At 29 February 2024 355
Charge for year 50
Other adjustments 4,908
At 28 February 2025 5,313
Net book value
At 28 February 2025 1,652
At 28 February 2024 9,809

This is the value as at year end. Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes. Property, plant and equipment include land, building, machinery, vehicles, office equipment and furniture, etc. The company records an item of property, plant and equipment initially at its cost in the accounting record. It includes all costs that necessary to bring the asset to the working condition that it can be used as intended. The cost of an item of PPE includes purchased price, import duties, and the costs to get assets to the location and condition ready to use such as transportation and installation cost, etc

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 655 371

The debt has been deducted before arriving at the directors wages Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doudtful debts.

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due within one year note

The tax is shown in the figure for taxation. The bank loan is the balance outstanding at the year year. Provision has been made to pay the tax due. The bank bounce loan is repaid monthly as a direct debit. The company has no major concern to continue to repay creditors as agreed. Cash flow is not affected due to servicing of the debt and paying taxation.

EZ CUTTZ LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

6. Creditors: amounts falling due after more than one year note

The loan have been reinvested into the business. The director has started repaying the loan and has made 15 repayment to year end. The director has used the loan to fund expansion of the business. Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. he bank bounce loan is repaid monthly as a direct debit. The company has no major concern to continue to repay creditors as agreed. Cash flow is not affected due to servicing of the debt