Company Registration No. 11154705 (England and Wales)
Cutaway Consulting Ltd
Unaudited accounts
for the year ended 31 March 2025
Cutaway Consulting Ltd
Unaudited accounts
Contents
Cutaway Consulting Ltd
Company Information
for the year ended 31 March 2025
Company Number
11154705 (England and Wales)
Registered Office
38 Cardiff Road
Taffs Well
Cardiff
CF15 7RF
United Kingdom
Cutaway Consulting Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
1,054
560
Creditors: amounts falling due within one year
(33,057)
(35,915)
Net current liabilities
(372)
(1,352)
Total assets less current liabilities
297
445
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
70
4
Shareholders' funds
170
104
For the year ending 31 March 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.
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 28 December 2025 and were signed on its behalf by
Thomas Griffin
Director
Company Registration No. 11154705
Cutaway Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2025
Cutaway Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11154705. The registered office is 38 Cardiff Road, Taffs Well, Cardiff, CF15 7RF, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
The accounts are presented in £ sterling.
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 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:
Fixtures & fittings
20% Straight line
Computer equipment
33% Straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Cutaway Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,050
10,192
11,242
At 31 March 2025
1,050
10,192
11,242
At 1 April 2024
818
8,627
9,445
Charge for the year
176
952
1,128
At 31 March 2025
994
9,579
10,573
At 31 March 2025
56
613
669
At 31 March 2024
232
1,565
1,797
Amounts falling due within one year
Trade debtors
6,825
19,800
Other debtors
24,806
14,203
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
25,365
32,471
7
Transactions with related parties
Included within other debtors is a balance of £20,974 (2024: £10,367) due from the director. The balance is interest free, unsecured, and has no set repayment terms.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).