REGISTERED NUMBER: 08598054 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Cutting Edge Laser Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Adams

A J Millington

D J Stones

REGISTERED OFFICE:

Unit B, Vector 31 Waleswood Way

Sheffield

England

S26 5NU

REGISTERED NUMBER:

08598054 (England and Wales)

ACCOUNTANTS:

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

FIXED ASSETS

Tangible assets

4

1,603,230

510,366

CURRENT ASSETS

Stocks

145,715

105,025

Debtors

5

1,815,254

1,485,208

Cash at bank and in hand

785,770

862,026

2,746,739

2,452,259

CREDITORS

Amounts falling due within one year

6

1,866,596

1,701,447

NET CURRENT ASSETS

880,143

750,812

TOTAL ASSETS LESS CURRENT LIABILITIES

2,483,373

1,261,178

CREDITORS

Amounts falling due after more than one year

7

(1,067,609

)

(236,322

)

PROVISIONS FOR LIABILITIES

(400,636

)

(128,817

)

NET ASSETS

1,015,128

896,039

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,015,126

896,037

1,015,128

896,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 20 September 2025 and were signed on its behalf by:

A J Millington - Director

1.	STATUTORY INFORMATION

Cutting Edge Laser 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.

Stocks

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

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 35 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

6,007

799,529

805,536

Additions

-

1,206,279

1,206,279

At 31 July 2025

6,007

2,005,808

2,011,815

DEPRECIATION

At 1 August 2024

5,093

290,077

295,170

Charge for year

228

113,187

113,415

At 31 July 2025

5,321

403,264

408,585

NET BOOK VALUE

At 31 July 2025

686

1,602,544

1,603,230

At 31 July 2024

914

509,452

510,366

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,575,601

1,447,345

Other debtors

239,653

37,863

1,815,254

1,485,208

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

402,343

30,078

Trade creditors

1,254,868

1,204,466

Taxation and social security

60,911

225,158

Other creditors

148,474

241,745

1,866,596

1,701,447

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

1,067,609

236,322

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Cutting Edge Laser Holdings Limited.

The company's ultimate controlling party is Vector 33 Ltd, an Employee Ownership Trust by virtue of their ownership of 60% of the issued share capital in Cutting Edge Laser Holdings Limited.