CUTS R US LIMITED Accounts filed on 31-03-2014

CUTS R US LIMITED Accounts filed on 31-03-2014


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CUTS R US LIMITED




Company Registration Number:
05425810 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

CUTS R US LIMITED

Company Information
for the Period Ended
31st March 2014




Director: D. Matheou
Registered office: Hillswood Frieth
Henley-On-Thames
Oxon
RG9 6PJ
Company Registration Number: 05425810 (England and Wales)

CUTS R US LIMITED

Abbreviated Balance sheet
As at 31st March 2014

Notes 2014
£
2013
£
Fixed assets
Tangible assets: 2 5,401 6,715
Total fixed assets: 5,401 6,715
Current assets
Debtors: 573 4,508
Cash at bank and in hand: 10,297 7,189
Total current assets: 10,870 11,697
Creditors
Creditors: amounts falling due within one year 15,637 17,952
Net current assets (liabilities): ( 4,767 ) ( 6,255 )
Total assets less current liabilities: 634 460
Creditors: amounts falling due after more than one year: 169 179
Total net assets (liabilities): 465 281

The notes form part of these financial statements

CUTS R US LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

Notes 2014
£
2013
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: 365 181
Total shareholders funds: 465 281

For the year ending 31 March 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 11 July 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: D. Matheou
Status: Director

The notes form part of these financial statements

CUTS R US LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The Financial Statements have been prepared under the historical cost basis of accounting and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

    Tangible fixed assets depreciation policy

    Tangible Fixed assets are depreciated on a reducing balance basis over the estimated useful life of the assets. The rates of depreciation used by the Company are :- Equipment 25% reducing balance Leasehold Property 25% reducing balance

CUTS R US LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 2. Tangible assets

    Total
    Cost £
    At 01st April 2013: 25,191
    Additions: 365
    At 31st March 2014: 25,556
    Depreciation
    At 01st April 2013: 18,476
    Charge for year: 1,679
    At 31st March 2014: 20,155
    Net book value
    At 31st March 2014: 5,401
    At 31st March 2013: 6,715

CUTS R US LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st March 2014

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Total share capital: 100
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    100
    Total share capital: 100