REGISTERED NUMBER: 08615069 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CL TECH UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

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

FIXED ASSETS

Tangible assets

4

77,290

99,783

CURRENT ASSETS

Debtors

5

429,602

47,422

Cash at bank and in hand

84,433

197,585

514,035

245,007

CREDITORS

Amounts falling due within one year

6

73,089

58,964

NET CURRENT ASSETS

440,946

186,043

TOTAL ASSETS LESS CURRENT LIABILITIES

518,236

285,826

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

518,235

285,825

SHAREHOLDERS' FUNDS

518,236

285,826

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 July 2025 and were signed on its behalf by:

F Widjaja - Director

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 6 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2024

521,526

11,350

12,700

545,576

Additions

992

-

2,290

3,282

At 31 January 2025

522,518

11,350

14,990

548,858

DEPRECIATION

At 1 February 2024

428,204

8,959

8,630

445,793

Charge for year

23,583

600

1,592

25,775

At 31 January 2025

451,787

9,559

10,222

471,568

NET BOOK VALUE

At 31 January 2025

70,731

1,791

4,768

77,290

At 31 January 2024

93,322

2,391

4,070

99,783

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

2,692

29,347

Amounts owed by group undertakings

32,013

-

Other debtors

394,897

18,075

429,602

47,422

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade creditors

2,166

2,418

Amounts owed to group undertakings

58,026

62,789

Taxation and social security

8,034

(10,443

)

Other creditors

4,863

4,200

73,089

58,964

7.	RELATED PARTY DISCLOSURES

During the year the company provided engineering services to Contact Lens Technologists PTE Ltd amounting to £2,522,658 (2024 - £407,627). At the year end the company was owed £Nil (2024 - £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 2025 amounted to £58,026 (2024 - £62,789).

During the year the company provided funds to support the establishment of CL Tech Ireland Limited and the balance owing by that company at 31 January 2025 amounted to £32,013 (2024 £Nil).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Contact Lens Technologists PTE Ltd.

The ultimate controlling party is G F Maccabee.

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 2025 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 profit 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: 30 July 2025