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REGISTERED NUMBER: 07512911 (England and Wales)



















Abbreviated Unaudited Accounts

for the Year Ended 28th February 2015

for

CUTS ICE LIMITED

CUTS ICE LIMITED (REGISTERED NUMBER: 07512911)






Contents of the Abbreviated Accounts
for the year ended 28th February 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

CUTS ICE LIMITED

Company Information
for the year ended 28th February 2015







DIRECTORS: N R Quine
R M Peskin





REGISTERED OFFICE: Level 1, Devonshire House
One Mayfair Place
Mayfair
W1J 8AJ





REGISTERED NUMBER: 07512911 (England and Wales)





ACCOUNTANTS: Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN
Page 1
CUTS ICE LIMITED (REGISTERED NUMBER: 07512911)

Abbreviated Balance Sheet
28th February 2015

28.2.15 28.2.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 710,289 351,043

CURRENT ASSETS
Stocks 636,109 295,162
Debtors 301,501 89,492
Cash at bank 1,479,268 854,570
2,416,878 1,239,224
CREDITORS
Amounts falling due within one year 998,940 397,670
NET CURRENT ASSETS 1,417,938 841,554
TOTAL ASSETS LESS CURRENT LIABILITIES 2,128,227 1,192,597

PROVISIONS FOR LIABILITIES 103,958 59,004
NET ASSETS 2,024,269 1,133,593

CAPITAL AND RESERVES
Called up share capital 3 1,250 1,250
Share premium 29,750 29,750
Profit and loss account 1,993,269 1,102,593
SHAREHOLDERS' FUNDS 2,024,269 1,133,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The notes form part of these abbreviated accounts

Page 2 continued...
CUTS ICE LIMITED (REGISTERED NUMBER: 07512911)

Abbreviated Balance Sheet - continued
28th February 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 10th November 2015 and were signed on its
behalf by:





N R Quine - Director


The notes form part of these abbreviated accounts

Page 3
CUTS ICE LIMITED (REGISTERED NUMBER: 07512911)

Notes to the Abbreviated Accounts
for the year ended 28th February 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 33% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and
slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st March 2014 446,780
Additions 554,247
At 28th February 2015 1,001,027
DEPRECIATION
At 1st March 2014 95,737
Charge for year 195,001
At 28th February 2015 290,738
NET BOOK VALUE
At 28th February 2015 710,289
At 28th February 2014 351,043

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.15 28.2.14
value: £    £   
1,000 Ordinary £1 1,250 1,250

Page 4 continued...
CUTS ICE LIMITED (REGISTERED NUMBER: 07512911)

Notes to the Abbreviated Accounts - continued
for the year ended 28th February 2015

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A director's loan balance of £13,405 (2014: £Nil) is included in debtors at the year end. The balance was repaid
in full within nine months of the year end.

Page 5
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Cuts Ice Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Cuts Ice Limited for the year ended 28th February 2015 which comprise the Profit and Loss
Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Cuts Ice Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cuts Ice Limited and state those matters that we have agreed to state to the Board of Directors of Cuts Ice Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cuts Ice Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cuts Ice Limited. You consider that Cuts Ice Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cuts Ice Limited. For this
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations
you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Simpson Wreford & Partners
Chartered Accountants
Suffolk House
George Street
Croydon
Surrey
CR0 0YN


10th November 2015

This page does not form part of the abbreviated accounts

Page 6