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Company Registration No. 01176926 (England and Wales)
Cerutti's Limited Unaudited accounts for the year ended 31 December 2025
Cerutti's Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cerutti's Limited Company Information for the year ended 31 December 2025
Directors
Mr A J Cerutti Ms C Cerutti
Company Number
01176926 (England and Wales)
Registered Office
Station Square Beverley HU17 0AS
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Cerutti's Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
1,000
1,000
Current assets
Debtors
5
-
30,683
Cash at bank and in hand
333
17,659
333
48,342
Creditors: amounts falling due within one year
6
(556)
(24,380)
Net current (liabilities)/assets
(223)
23,962
Net assets
777
24,962
Capital and reserves
Called up share capital
7
2,000
2,000
Profit and loss account
(1,223)
22,962
Shareholders' funds
777
24,962
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by
Ms C Cerutti Director Company Registration No. 01176926
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Cerutti's Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Cerutti's Limited is a private company, limited by shares, registered in England and Wales, registration number 01176926. The registered office is Station Square, Beverley, HU17 0AS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
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. As a result of the anticipated future value of the freehold property, deferred tax has been measured at the prevailing rates effective at the time the potential gain may arise. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Investments
Subsidiary undertakings
£
Valuation at 1 January 2025
1,000
Valuation at 31 December 2025
1,000
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Cerutti's Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
-
30,683
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
9,385
VAT
-
1,147
Trade creditors
(32)
(32)
Loans from directors
-
13,000
Accruals
588
880
556
24,380
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
8
Transactions with related parties
CERUTTI 2 LTD A company of which Cerutti Ltd is the 100% holding company sharing the same directors. During the year the company sold goods and services totalling £nil (2024: £9,488) During the year the company purchased goods and services totalling £nil (2024: £nil) During the year the company re-charged storage, pensions costs and motor expenses of £nil (2024 : £nil) The amount owed by the related party at the year end was £nil (2024: £(30,683).
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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