Company Registration No. 10461626 (England and Wales)
The Cut Barber Shop Ltd
Unaudited accounts
for the year ended 30 November 2019
The Cut Barber Shop Ltd
Unaudited accounts
Contents
The Cut Barber Shop Ltd
Company Information
for the year ended 30 November 2019
Directors
Mr G Mazzotta
Mr D Mazzotta
Company Number
10461626 (England and Wales)
Registered Office
13 Collett Avenue
Swindon
Wiltshire
SN2 1NQ
The Cut Barber Shop Ltd
Statement of financial position
as at 30 November 2019
Tangible assets
1,599
5,951
Cash at bank and in hand
24,643
33,060
Creditors: amounts falling due within one year
(12,312)
(10,594)
Net current assets
22,403
24,026
Called up share capital
2
2
Profit and loss account
24,000
29,975
Shareholders' funds
24,002
29,977
For the year ending 30 November 2019 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.
Approved by the Board on 14 February 2020.
Mr G Mazzotta
Director
Company Registration No. 10461626
The Cut Barber Shop Ltd
Notes to the Accounts
for the year ended 30 November 2019
The Cut Barber Shop Ltd is a private company, limited by shares, registered in England and Wales, registration number 10461626. The registered office is 13 Collett Avenue, Swindon, Wiltshire, SN2 1NQ.
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.
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:
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2018
3,900
3,500
7,400
Disposals
(3,900)
-
(3,900)
At 30 November 2019
-
3,500
3,500
At 1 December 2018
81
1,368
1,449
Charge for the year
-
533
533
At 30 November 2019
-
1,901
1,901
At 30 November 2019
-
1,599
1,599
At 30 November 2018
3,819
2,132
5,951
Finished goods
1,560
1,560
The Cut Barber Shop Ltd
Notes to the Accounts
for the year ended 30 November 2019
Accrued income and prepayments
8,512
-
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
11,680
9,884
8
Average number of employees
During the year the average number of employees was 2 (2018: 2).
