Company Registration No. 14673415 (England and Wales)
Fine Cutz Ltd
Unaudited accounts
for the year ended 28 February 2025
Fine Cutz Ltd
Unaudited accounts
Contents
Fine Cutz Ltd
Company Information
for the year ended 28 February 2025
Company Number
14673415 (England and Wales)
Registered Office
Fine Cutz Barbers
145 Sackville Road
Hove
East Sussex
BN3 3HD
England
Fine Cutz Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
9,120
9,120
Cash at bank and in hand
50
2,786
Creditors: amounts falling due within one year
(15,659)
(14,148)
Net current liabilities
(14,807)
(10,312)
Net liabilities
(5,687)
(1,192)
Called up share capital
100
100
Profit and loss account
(5,787)
(1,292)
Shareholders' funds
(5,687)
(1,192)
For the year ending 28 February 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 November 2025 and were signed on its behalf by
Faisal Arif
Director
Company Registration No. 14673415
Fine Cutz Ltd
Notes to the Accounts
for the year ended 28 February 2025
Fine Cutz Ltd is a private company, limited by shares, registered in England and Wales, registration number 14673415. The registered office is Fine Cutz Barbers, 145 Sackville Road, Hove, East Sussex, BN3 3HD, England.
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.
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 18 February 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 of five years.
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Tangible fixed assets
Total
At 28 February 2025
11,400
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).