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REGISTERED NUMBER: 12712142 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 July 2024

for

Cutting Edge Laser Holdings Limited

Cutting Edge Laser Holdings Limited (Registered number: 12712142)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cutting Edge Laser Holdings Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: T C Adamson
A J Millington
D J Stones





REGISTERED OFFICE: Unit B Vector 31 Waleswood Way
Sheffield
England
S26 5NU





REGISTERED NUMBER: 12712142 (England and Wales)





ACCOUNTANTS: Parkins Accountants Ltd
T/A, Parkins, Chartered Accountants
Moor Park House
Bawtry Rd
Wickersley
Rotherham
South Yorkshire
S66 2BL

Cutting Edge Laser Holdings Limited (Registered number: 12712142)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 859,425 1,012,020

CURRENT ASSETS
Debtors 5 170,174 108,000
Investments 6 2 2
Cash at bank 140 40
170,316 108,042
CREDITORS
Amounts falling due within one year 7 303,065 389,653
NET CURRENT LIABILITIES (132,749 ) (281,611 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

726,676

730,409

CREDITORS
Amounts falling due after more than one
year

8

(481,893

)

(720,467

)

PROVISIONS FOR LIABILITIES (216,176 ) -
NET ASSETS 28,607 9,942

CAPITAL AND RESERVES
Called up share capital 200 2
Retained earnings 28,407 9,940
28,607 9,942

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Cutting Edge Laser Holdings Limited (Registered number: 12712142)

Balance Sheet - continued
31 July 2024


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 24 April 2025 and were signed on its behalf by:





A J Millington - Director


Cutting Edge Laser Holdings Limited (Registered number: 12712142)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Cutting Edge Laser Holdings 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Cutting Edge Laser Holdings Limited (Registered number: 12712142)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 1,656,500
DEPRECIATION
At 1 August 2023 644,480
Charge for year 152,595
At 31 July 2024 797,075
NET BOOK VALUE
At 31 July 2024 859,425
At 31 July 2023 1,012,020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 27,000 108,000
Other debtors 143,174 -
170,174 108,000

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Shares in group undertakings 2 2

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 228,174 212,568
Taxation and social security 71,406 74,036
Other creditors 3,485 103,049
303,065 389,653

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 481,893 720,467