REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
for |
Cutting Edge Employee Ownership Trustee |
Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
for |
Cutting Edge Employee Ownership Trustee |
Limited |
Cutting Edge Employee Ownership Trustee |
Limited (Registered number: 14154963) |
Contents of the Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Cutting Edge Employee Ownership Trustee |
Limited (Registered number: 14154963) |
Balance Sheet |
30 June 2023 |
£ |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - |
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 surplus or deficit 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Cutting Edge Employee Ownership Trustee |
Limited (Registered number: 14154963) |
Notes to the Financial Statements |
for the Period 7 June 2022 to 30 June 2023 |
1. | STATUTORY INFORMATION |
Cutting Edge Employee Ownership Trustee Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES |
A fixed and floating charge over all assets of the subsidiary Limited Companies of the Cutting Edge Employee Ownership Trust, Cutting Edge Investments Limited and Cutting Edge Services Limited, is in place between the company and D T Mook, the director. The charge is in place to cover a loan that has been made by D T Mook to the Cutting Edge Employee Ownership Trust for £7,250,000 (present value: £5,035,981). |
5. | SECURED DEBTS |
The bank loan held within Cutting Edge Employee Ownership Trust is secured by way of a first fixed charge over the ordinary share capital of the investment, Cutting Edge Investments Limited. |