REGISTERED NUMBER: 05402631 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Kutz N Kurlz Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D I Wallbank

Mr S M Wallbank

REGISTERED OFFICE:

7 Market Square

Brynmawr

Gwent

NP23 4AJ

REGISTERED NUMBER:

05402631 (England and Wales)

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Tangible assets

4

8,983

4,953

CURRENT ASSETS

Stocks

26,178

26,782

Debtors

5

76

223

26,254

27,005

CREDITORS

Amounts falling due within one year

6

49,564

59,295

NET CURRENT LIABILITIES

(23,310

)

(32,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,327

)

(27,337

)

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

(15,327

)

(28,337

)

SHAREHOLDERS' FUNDS

(14,327

)

(27,337

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2025 and were signed on its behalf by:

Mr S M Wallbank - Director

1.	STATUTORY INFORMATION

Kutz N Kurlz Limited 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

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

46,539

5,844

52,383

Additions

629

5,647

6,276

At 31 March 2025

47,168

11,491

58,659

DEPRECIATION

At 1 April 2024

41,981

5,449

47,430

Charge for year

1,037

1,209

2,246

At 31 March 2025

43,018

6,658

49,676

NET BOOK VALUE

At 31 March 2025

4,150

4,833

8,983

At 31 March 2024

4,558

395

4,953

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

76

223

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

16,496

31,449

Trade creditors

3,382

7,048

Taxation and social security

9,164

12,800

Other creditors

20,522

7,998

49,564

59,295

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1.00

1,000

1,000