2024-04-012025-03-312025-03-31false04475042CUT AND DRY (WOLVERHAMPTON) 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CUT AND DRY (WOLVERHAMPTON) LIMITED

Registered Number
04475042
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

CUT AND DRY (WOLVERHAMPTON) LIMITED
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors

BADRICK, Maxine Carol
BADRICK, Peter Patrick

Company Secretary

BADRICK, Maxine Carol

Registered Address

64 Codsall Road
Wolverhampton
West Midlands
WV6 9QP

Registered Number

04475042 (England and Wales)
CUT AND DRY (WOLVERHAMPTON) LIMITED
Statement of Financial Position
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3536631
536631
Current assets
Debtors41,039-
Cash at bank and on hand27,45931,159
28,49831,159
Prepayments and accrued income431353
Creditors amounts falling due within one year5(18,094)(18,128)
Net current assets (liabilities)10,83513,384
Total assets less current liabilities11,37114,015
Net assets11,37114,015
Capital and reserves
Called up share capital22
Profit and loss account11,36914,013
Shareholders' funds11,37114,015
The financial statements were approved and authorised for issue by the Board of Directors on 3 July 2025, and are signed on its behalf by:
BADRICK, Maxine Carol
Director
BADRICK, Peter Patrick
Director

Registered Company No. 04475042
CUT AND DRY (WOLVERHAMPTON) LIMITED
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings15-
Office Equipment-33.33
2.Average number of employees

20252024
Average number of employees during the year22
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 April 248,4541,3009,754
At 31 March 258,4541,3009,754
Depreciation and impairment
At 01 April 247,8231,3009,123
Charge for year95-95
At 31 March 257,9181,3009,218
Net book value
At 31 March 25536-536
At 31 March 24631-631
4.Debtors: amounts due within one year

2025

2024

££
Other debtors1,039-
Total1,039-
5.Creditors: amounts due within one year

2025

2024

££
Trade creditors / trade payables1,0801,080
Other creditors17,01417,048
Total18,09418,128