15 false false false false false false false false false false true false false false false false false No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 100,000 100,000 100,000 xbrli:pure xbrli:shares iso4217:GBP 05906419 2023-12-01 2024-11-30 05906419 2024-11-30 05906419 2023-11-30 05906419 2022-12-01 2023-11-30 05906419 2023-11-30 05906419 2022-11-30 05906419 bus:Director3 2023-12-01 2024-11-30 05906419 core:PlantMachinery 2023-11-30 05906419 core:FurnitureFittings 2023-11-30 05906419 core:MotorVehicles 2023-11-30 05906419 core:PlantMachinery 2024-11-30 05906419 core:FurnitureFittings 2024-11-30 05906419 core:MotorVehicles 2024-11-30 05906419 core:WithinOneYear 2024-11-30 05906419 core:WithinOneYear 2023-11-30 05906419 core:AfterOneYear 2024-11-30 05906419 core:AfterOneYear 2023-11-30 05906419 core:ShareCapital 2024-11-30 05906419 core:ShareCapital 2023-11-30 05906419 core:RetainedEarningsAccumulatedLosses 2024-11-30 05906419 core:RetainedEarningsAccumulatedLosses 2023-11-30 05906419 core:PlantMachinery 2023-12-01 2024-11-30 05906419 core:FurnitureFittings 2023-12-01 2024-11-30 05906419 core:MotorVehicles 2023-12-01 2024-11-30 05906419 core:NetGoodwill 2024-11-30 05906419 core:NetGoodwill 2023-11-30 05906419 core:PlantMachinery 2023-11-30 05906419 core:FurnitureFittings 2023-11-30 05906419 core:MotorVehicles 2023-11-30 05906419 bus:Director1 2023-12-01 2024-11-30 05906419 bus:SmallEntities 2023-12-01 2024-11-30 05906419 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05906419 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05906419 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05906419 bus:FullAccounts 2023-12-01 2024-11-30
COMPANY REGISTRATION NUMBER: 05906419
COSTCUTTER (M.H.) LIMITED
Filleted Unaudited Financial Statements
30 November 2024
COSTCUTTER (M.H.) LIMITED
Statement of Financial Position
30 November 2024
2024
2023
Note
£
£
£
Fixed assets
Intangible assets
5
100,000
100,000
Tangible assets
6
125,619
148,488
---------
---------
225,619
248,488
Current assets
Stocks
328,765
376,207
Debtors
7
335,901
340,331
Cash at bank and in hand
151,792
94,951
---------
---------
816,458
811,489
------------
------------
1,042,077
1,059,977
------------
------------
Capital, reserves and liabilities
Called up share capital
100
100
Profit and loss account
603,974
597,113
---------
---------
Shareholders funds
604,074
597,213
Creditors: amounts falling due within one year
8
143,989
70,960
Creditors: amounts falling due after more than one year
9
294,014
391,804
------------
------------
1,042,077
1,059,977
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
COSTCUTTER (M.H.) LIMITED
Statement of Financial Position (continued)
30 November 2024
These financial statements were approved by the board of directors and authorised for issue on 27 August 2025 , and are signed on behalf of the board by:
MR CAN KOROGLU
Director
Company registration number: 05906419
COSTCUTTER (M.H.) LIMITED
Notes to the Financial Statements
Year ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 316 GREEN LANES, LONDON, N4 1BX, ENGLAND.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 15 (2023: 15 ).
5. Intangible assets
Goodwill
£
Cost
At 1 December 2023 and 30 November 2024
100,000
---------
Amortisation
At 1 December 2023 and 30 November 2024
---------
Carrying amount
At 30 November 2024
100,000
---------
At 30 November 2023
100,000
---------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 December 2023 and 30 November 2024
193,880
372,115
85,369
651,364
---------
---------
--------
---------
Depreciation
At 1 December 2023
156,713
272,720
73,443
502,876
Charge for the year
5,575
14,909
2,385
22,869
---------
---------
--------
---------
At 30 November 2024
162,288
287,629
75,828
525,745
---------
---------
--------
---------
Carrying amount
At 30 November 2024
31,592
84,486
9,541
125,619
---------
---------
--------
---------
At 30 November 2023
37,167
99,395
11,926
148,488
---------
---------
--------
---------
7. Debtors
2024
2023
£
£
Other debtors
335,901
340,331
---------
---------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
35,489
40,118
Trade creditors
97,328
11,417
Corporation tax
5,699
13,460
Social security and other taxes
5,473
5,965
---------
--------
143,989
70,960
---------
--------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
256,989
370,068
Other creditors
37,025
21,736
---------
---------
294,014
391,804
---------
---------