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REGISTERED NUMBER: 02807383 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

Cutting Edge Software Limited

Cutting Edge Software Limited (Registered number: 02807383)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cutting Edge Software Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: C M Henshall





SECRETARY: C M Henshall





REGISTERED OFFICE: First Floor
14 Hemnall Street
Epping
Essex
CM16 4LW





REGISTERED NUMBER: 02807383 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Cutting Edge Software Limited (Registered number: 02807383)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,298 7,222

CURRENT ASSETS
Debtors 5 28,283 28,073
Cash at bank 84,328 85,331
112,611 113,404
CREDITORS
Amounts falling due within one year 6 50,825 60,116
NET CURRENT ASSETS 61,786 53,288
TOTAL ASSETS LESS CURRENT LIABILITIES 68,084 60,510

CREDITORS
Amounts falling due after more than one year 7 - 21,600
NET ASSETS 68,084 38,910

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 8 68,044 38,870
SHAREHOLDERS' FUNDS 68,084 38,910

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 April 2025 and were signed by:





C M Henshall - Director


Cutting Edge Software Limited (Registered number: 02807383)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Cutting Edge Software 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 represents the invoiced sale of goods and services, net of Value Added Tax and is recognised on the completion of services and granting of licences.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current tax recognised as 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 not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date since the amount is not considered to be material.

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 September 2023 32,537
Additions 650
At 31 August 2024 33,187
DEPRECIATION
At 1 September 2023 25,315
Charge for year 1,574
At 31 August 2024 26,889
NET BOOK VALUE
At 31 August 2024 6,298
At 31 August 2023 7,222

Cutting Edge Software Limited (Registered number: 02807383)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 27,136 25,595
Other debtors - 1,083
Prepayments 1,147 1,395
28,283 28,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts - 9,600
Trade creditors 5,634 1,686
Corporation Tax 21,972 10,598
Social security and other taxes 1,122 1,162
VAT 5,168 7,621
Other creditors 2,316 4,255
Sales In Advance 3,371 3,355
Directors' current accounts 9,312 20,089
Accrued expenses 1,930 1,750
50,825 60,116

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years - 9,600
Bank loans - 2-5 years - 12,000
- 21,600

8. RESERVES
Retained
earnings
£   

At 1 September 2023 38,870
Profit for the year 74,174
Dividends (45,000 )
At 31 August 2024 68,044