Company Registration No. 11103849 (England and Wales)
CLEAN CUT DRILLING LTD
Unaudited accounts
for the year ended 31 December 2024
CLEAN CUT DRILLING LTD
Unaudited accounts
Contents
CLEAN CUT DRILLING LTD
Company Information
for the year ended 31 December 2024
Company Number
11103849 (England and Wales)
Registered Office
Unit 72 Interchange House
Howard Way,
Newport Pagnell
Bucks
MK16 9PY
United Kingdom
CLEAN CUT DRILLING LTD
Statement of financial position
as at 31 December 2024
Tangible assets
266,188
261,807
Cash at bank and in hand
30,654
25,448
Creditors: amounts falling due within one year
(211,362)
(170,334)
Net current liabilities
(88,483)
(23,270)
Net assets
177,705
238,537
Called up share capital
100
100
Profit and loss account
177,605
238,437
Shareholders' funds
177,705
238,537
For the year ending 31 December 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 17 June 2025 and were signed on its behalf by
Mark Scorer
Director
Company Registration No. 11103849
CLEAN CUT DRILLING LTD
Notes to the Accounts
for the year ended 31 December 2024
CLEAN CUT DRILLING LTD is a private company, limited by shares, registered in England and Wales, registration number 11103849. The registered office is Unit 72 Interchange House, Howard Way,, Newport Pagnell, Bucks, MK16 9PY, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
33% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
33% Straight Line
Computer equipment
33% Straight Line
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
305,047
237,256
5,896
11,274
559,473
Additions
6,321
106,899
630
1,689
115,539
At 31 December 2024
311,368
344,155
6,526
12,963
675,012
At 1 January 2024
217,184
69,260
5,683
5,539
297,666
Charge for the year
54,885
52,834
309
3,130
111,158
At 31 December 2024
272,069
122,094
5,992
8,669
408,824
At 31 December 2024
39,299
222,061
534
4,294
266,188
At 31 December 2023
87,863
167,996
213
5,735
261,807
CLEAN CUT DRILLING LTD
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
90,467
118,508
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
169,194
133,117
Trade creditors
39,717
18,908
Taxes and social security
9,551
13,666
Loans from directors
6,474
20,000
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Average number of employees
During the year the average number of employees was 5 (2023: 3).