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REGISTERED NUMBER: 08615069 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

CL TECH UK LIMITED

CL TECH UK LIMITED (REGISTERED NUMBER: 08615069)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

CL TECH UK LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2024







DIRECTORS: G F Maccabee
F Widjaja





SECRETARY:





REGISTERED OFFICE: 9 Mitchell Point
Ensign Way
Hamble
Southampton
Hampshire
SO31 4RF





REGISTERED NUMBER: 08615069 (England and Wales)





ACCOUNTANTS: Richard Small & Co
24 Central Precinct
Winchester Road
Chandlers Ford
Eastleigh
Hampshire
SO53 2GA

CL TECH UK LIMITED (REGISTERED NUMBER: 08615069)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,783 131,694

CURRENT ASSETS
Debtors 5 47,422 50,331
Cash at bank and in hand 197,585 252,724
245,007 303,055
CREDITORS
Amounts falling due within one year 6 58,964 148,040
NET CURRENT ASSETS 186,043 155,015
TOTAL ASSETS LESS CURRENT
LIABILITIES

285,826

286,709

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 285,825 286,708
SHAREHOLDERS' FUNDS 285,826 286,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 31 July 2024 and were signed on its behalf by:





F Widjaja - Director


CL TECH UK LIMITED (REGISTERED NUMBER: 08615069)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

CL Tech UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

CL TECH UK LIMITED (REGISTERED NUMBER: 08615069)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023 521,526 11,350 11,333 544,209
Additions - - 1,367 1,367
At 31 January 2024 521,526 11,350 12,700 545,576
DEPRECIATION
At 1 February 2023 397,085 8,157 7,273 412,515
Charge for year 31,119 802 1,357 33,278
At 31 January 2024 428,204 8,959 8,630 445,793
NET BOOK VALUE
At 31 January 2024 93,322 2,391 4,070 99,783
At 31 January 2023 124,441 3,193 4,060 131,694

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 29,347 28,425
Other debtors 18,075 21,906
47,422 50,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 2,418 (5,332 )
Amounts owed to group undertakings 62,789 227,296
Taxation and social security (10,443 ) (77,524 )
Other creditors 4,200 3,600
58,964 148,040

7. RELATED PARTY DISCLOSURES

During the year the company provided engineering services to Contact Lens Technologists PTE Ltd amounting to £407,627 (2023 - £1,021,973). At the year end the company was owed £Nil (2023 - £NIL) by Contact Lens Technologists PTE Ltd. In addition, that company has provided funds to support future research and development activities and the balance owing to Contact Lens Technologists PTE Ltd at 31 January 2024 amounted to £62,789 (2023 - £227,296).

8. ULTIMATE CONTROLLING PARTY

The controlling party is Contact Lens Technologists PTE Ltd.

The ultimate controlling party is G F Maccabee.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CL TECH UK LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CL Tech UK Limited for the year ended 31 January 2024 which comprise the Income Statement, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CL Tech UK 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 CL Tech UK Limited and state those matters that we have agreed to state to the Board of Directors of CL Tech UK Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CL Tech UK Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CL Tech UK 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 loss of CL Tech UK Limited. You consider that CL Tech UK 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 CL Tech UK 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.






Richard Small & Co
24 Central Precinct
Winchester Road
Chandlers Ford
Eastleigh
Hampshire
SO53 2GA


Date: 31 July 2024