What Truck Cuts Limited

What Truck Cuts Limited
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	3,580	2,968
		3,580	2,968
Current assets
Debtors	4	0	20,069
Cash at bank and in hand		20,688	11,282
		20,688	31,351
Creditors: amount falling due within one year	5	(30,103)	(34,283)
Net current assets		(9,415)	(2,932)

Total assets less current liabilities		(5,835)	36
Creditors: amount falling due after more than one year	6	(312)	0
Provisions for liabilities	7	(895)	0
Net assets		(7,042)	36

Capital and reserves
Called up share capital		1	1
Profit and loss account		(7,043)	35
Shareholders' funds		(7,042)	36

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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.

The financial statements were approved by the director on 08 April 2026 and were signed by:

-------------------------------
Robert Frost
Director

What Truck Cuts Limited
Notes to the Financial Statements
For the year ended 28 February 2026

General Information

What Truck Cuts Limited is a private company, limited by shares, registered in , registration number 14654559, registration address Flat 9, Mentor House, 11 Oberman Road , London, NW10 1DX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Straight Line
Computer Equipment	25% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 1. Average number of employees during the year was 1 (2025 : 1).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 March 2025	1,382	4,317	5,699
Additions	530	1,276	1,806
Disposals	-	-	-
At 28 February 2026	1,912	5,593	7,505
Depreciation
At 01 March 2025	573	2,158	2,731
Charge for year	335	859	1,194
On disposals	-	-	-
At 28 February 2026	908	3,017	3,925
Net book values
Closing balance as at 28 February 2026	1,004	2,576	3,580
Opening balance as at 01 March 2025	809	2,159	2,968

Debtors: amounts falling due within one year

	2026 £		2025 £
Accrued Income	0		6,345
	0		6,345

Debtors: amounts falling due after one year

	2026 £		2025 £
Prepayments	0		419
Directors' Loan Accounts	0		13,305
	0		13,724

Creditors: amount falling due within one year

	2026 £	2025 £
Corporation Tax	24,986	28,330
PAYE & Social Security	733	0
Other Creditors	(1)	(1)
VAT	4,385	5,954
	30,103	34,283

Creditors: amount falling due after more than one year

	2026 £		2025 £
Directors' Loan Accounts	312		0
	312		0

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	895		0
	895		0


Registered Number: 14654559

WHAT TRUCK CUTS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 March 2025 End date: 28 February 2026