Company Registration No. 13219007 (England and Wales)
CUTTING RIGHT UK LTD
Unaudited accounts
for the year ended 28 February 2023
CUTTING RIGHT UK LTD
Unaudited accounts
Contents
CUTTING RIGHT UK LTD
Company Information
for the year ended 28 February 2023
Company Number
13219007 (England and Wales)
Registered Office
14 Thornton Heath,
SURREY
CR7 6BA
Accountants
Bismil Accountants
Certified Accountants and Tax Advisors
Challenge House
616 Mitcham Road
Croydon
CR0 3AA
CUTTING RIGHT UK LTD
Statement of financial position
as at 28 February 2023
Tangible assets
3,220
3,927
Cash at bank and in hand
9,423
12,153
Creditors: amounts falling due within one year
(14,737)
(18,771)
Net current liabilities
(1,363)
(2,802)
Called up share capital
100
100
Profit and loss account
1,757
1,025
Shareholders' funds
1,857
1,125
For the year ending 28 February 2023 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 11 September 2023 and were signed on its behalf by
Ghulam MURTAZA
Director
Company Registration No. 13219007
CUTTING RIGHT UK LTD
Notes to the Accounts
for the year ended 28 February 2023
CUTTING RIGHT UK LTD is a private company, limited by shares, registered in England and Wales, registration number 13219007. The registered office is 14 Thornton Heath,, SURREY, CR7 6BA.
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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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
2,244
2,545
4,789
At 28 February 2023
2,244
2,545
4,789
At 1 March 2022
404
458
862
Charge for the year
331
376
707
At 28 February 2023
735
834
1,569
At 28 February 2023
1,509
1,711
3,220
At 28 February 2022
1,840
2,087
3,927
Amounts falling due within one year
Amounts falling due after more than one year
CUTTING RIGHT UK LTD
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
7,374
6,542
Loans from directors
7,363
12,229
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Average number of employees
During the year the average number of employees was 0 (2022: 0).