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REGISTERED NUMBER: 13410403 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 May 2024

for

CUTE AND COSY GROUP LIMITED

CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)






Contents of the Financial Statements
for the year ended 30 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CUTE AND COSY GROUP LIMITED

Company Information
for the year ended 30 May 2024







DIRECTORS: D L Clelland
E Zakharenko





REGISTERED OFFICE: 128 City Road
London
United Kingdom
EC1V 2NX





REGISTERED NUMBER: 13410403 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Balance Sheet
30 May 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 13,065 12,056

CURRENT ASSETS
Stocks 9,540 9,000
Debtors 5 54,935 15,420
Cash at bank 3,885 2,264
68,360 26,684
CREDITORS
Amounts falling due within one year 6 (80,027 ) (23,416 )
NET CURRENT (LIABILITIES)/ASSETS (11,667 ) 3,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,398

15,324

PROVISIONS FOR LIABILITIES 9 (2,573 ) (2,289 )
NET (LIABILITIES)/ASSETS (1,175 ) 13,035

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings (1,177 ) 13,033
SHAREHOLDERS' FUNDS (1,175 ) 13,035

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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.

CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Balance Sheet - continued
30 May 2024


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 Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





E Zakharenko - Director


CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Notes to the Financial Statements
for the year ended 30 May 2024

1. STATUTORY INFORMATION

Cute And Cosy Group 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. 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
Revenue is measured at the fair value of the consideration received or receivable net of VAT and before trade discounts, and is recognised as follows:

Revenue from the sale of goods is recognised at the point of sale.

Tangible fixed assets
Tangible fixed assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Fixtures and fittings - 5 years on cost
Short term leaseholds - Over the term of the lease

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

Financial instruments
Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Notes to the Financial Statements - continued
for the year ended 30 May 2024

2. ACCOUNTING POLICIES - continued
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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£ £ £
COST
At 31 May 2023 - 15,060 15,060
Additions (478 ) 5,623 5,145
At 30 May 2024 (478 ) 20,683 20,205
DEPRECIATION
At 31 May 2023 - 3,004 3,004
Charge for year - 4,136 4,136
At 30 May 2024 - 7,140 7,140
NET BOOK VALUE
At 30 May 2024 (478 ) 13,543 13,065
At 30 May 2023 - 12,056 12,056

CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Notes to the Financial Statements - continued
for the year ended 30 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 136 296
Other debtors 54,799 15,124
54,935 15,420

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 10,268 1,568
Taxation and social security 24,552 6,028
Other creditors 45,207 15,820
80,027 23,416

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 55,108 -
Between one and five years 170,401 -
225,509 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Other Loan 2,870 -

This loan balance is secured by way of a fixed and floating charge over the company's assets.

9. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 2,573 2,289

Deferred tax
£
Balance at 31 May 2023 2,289
Accelerated capital allowances 284
Balance at 30 May 2024 2,573

CUTE AND COSY GROUP LIMITED (REGISTERED NUMBER: 13410403)

Notes to the Financial Statements - continued
for the year ended 30 May 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary 1 2 2

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 May 2024 and the period ended 30 May 2023:

2024 2023
£ £
E Zakharenko and D L Clelland
Balance outstanding at start of year - 1,134
Amounts advanced 121,537 57,878
Amounts repaid (96,068 ) (59,012 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,469 -

The directors were charged £534 interest at the rate of 2.25% and the loan is repayable on demand.