Registration number: 04711744

Cutting Bar Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Cutting Bar Limited

(Registration number: 04711744)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	216,936	221,741
Current assets
Stocks	7	156,007	181,493
Debtors	8	206,732	350,117
Cash at bank and in hand		1,861,149	1,887,518
		2,223,888	2,419,128
Creditors: Amounts falling due within one year	9	(286,264)	(415,224)
Net current assets		1,937,624	2,003,904
Net assets		2,154,560	2,225,645
Capital and reserves
Called up share capital		16	16
Retained earnings		2,154,544	2,225,629
Shareholders' funds		2,154,560	2,225,645

Cutting Bar Limited

(Registration number: 04711744)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 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; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 October 2026
 

......................................... Mr Roderick Anthony Griffin Director

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable in respect of hairdressing. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance basis
Plant and equipment	25% reducing balance basis
Leasehold improvements	10% straight line basis

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3

Taxation

	2026		2025
	£		£
Corporation tax	-		(161,152)
Deferred tax	-		-
	-		(161,152)

4	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 77 (2025 - 122).

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	1,876	1,876
At 31 March 2026	1,876	1,876
Amortisation
At 1 April 2025	1,876	1,876
At 31 March 2026	1,876	1,876
Carrying amount
At 31 March 2026	-	-

6	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	687,803	269,473	54,361	1,011,637
Additions	60,570	-	-	60,570
At 31 March 2026	748,373	269,473	54,361	1,072,207
Depreciation
At 1 April 2025	510,122	228,974	50,800	789,896
Charge for the year	54,358	10,125	892	65,375
At 31 March 2026	564,480	239,099	51,692	855,271
Carrying amount
At 31 March 2026	183,893	30,374	2,669	216,936
At 31 March 2025	177,681	40,499	3,561	221,741

Included within the net book value of land and buildings above is £183,893 (2025 - £177,681) in respect of freehold land and buildings.
 

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

Stocks

	2026 £	2025 £
Other inventories	156,007	181,493

8

Debtors

Current	Note	2026 £	2025 £
Amounts owed by related parties	11	26	26
Prepayments		11,569	179,930
Other debtors		195,137	170,161
		206,732	350,117

9

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Trade creditors		5,000	694
Taxation and social security		72,987	210,382
Other creditors		208,277	204,148
		286,264	415,224

Cutting Bar Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £1,905,494 (2025 - £1,761,711).

11	Related party transactions

Summary of transactions with subsidiaries

During the period the company had an interest free loan account with Roderick Anthony Limited (a company under common control). At the balance sheet dated the amount due from Roderick Anthony Limited was £26 (2025 - £26).