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REGISTERED NUMBER: 15002056 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Cut Direct Ltd

Cut Direct Ltd (Registered number: 15002056)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cut Direct Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: J Kitteridge





REGISTERED OFFICE: Dept 4716
43 Owston Road
Carcroft
Doncaster
DN6 8DA





REGISTERED NUMBER: 15002056 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Cut Direct Ltd (Registered number: 15002056)

Balance Sheet
31 July 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 34,862

CURRENT ASSETS
Stocks 308,000
Debtors 5 82,939
Cash at bank 13,617
404,556
CREDITORS
Amounts falling due within one year 6 474,519
NET CURRENT LIABILITIES (69,963 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,101

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (35,201 )
SHAREHOLDERS' FUNDS (35,101 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Cut Direct Ltd (Registered number: 15002056)

Balance Sheet - continued
31 July 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 director and authorised for issue on 26 June 2025 and were signed by:





J Kitteridge - Director


Cut Direct Ltd (Registered number: 15002056)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Cut Direct 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. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 .

Cut Direct Ltd (Registered number: 15002056)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 52,291
At 31 July 2024 52,291
DEPRECIATION
Charge for year 17,429
At 31 July 2024 17,429
NET BOOK VALUE
At 31 July 2024 34,862

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 82,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 304,312
Taxation and social security 147,703
Other creditors 22,504
474,519