IRIS Accounts Production v26.1.0.640 08657967 Board of Directors 1.9.24 31.8.25 31.8.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08657967 2024-08-31 08657967 2025-08-31 08657967 2024-09-01 2025-08-31 08657967 2023-08-31 08657967 2023-09-01 2024-08-31 08657967 2024-08-31 08657967 ns15:EnglandWales 2024-09-01 2025-08-31 08657967 ns14:PoundSterling 2024-09-01 2025-08-31 08657967 ns10:Director1 2024-09-01 2025-08-31 08657967 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08657967 ns10:SmallEntities 2024-09-01 2025-08-31 08657967 ns10:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08657967 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 08657967 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08657967 ns10:FullAccounts 2024-09-01 2025-08-31 08657967 ns10:Director2 2024-09-01 2025-08-31 08657967 ns10:RegisteredOffice 2024-09-01 2025-08-31 08657967 ns5:CurrentFinancialInstruments 2025-08-31 08657967 ns5:CurrentFinancialInstruments 2024-08-31 08657967 ns5:ShareCapital 2025-08-31 08657967 ns5:ShareCapital 2024-08-31 08657967 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 08657967 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 08657967 ns5:PlantMachinery 2024-09-01 2025-08-31 08657967 ns5:FurnitureFittings 2024-09-01 2025-08-31 08657967 ns5:ComputerEquipment 2024-09-01 2025-08-31 08657967 ns5:PlantMachinery 2024-08-31 08657967 ns5:PlantMachinery 2025-08-31 08657967 ns5:PlantMachinery 2024-08-31 08657967 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 08657967 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 08657967 ns5:WithinOneYear 2025-08-31 08657967 ns5:WithinOneYear 2024-08-31 08657967 ns5:BetweenOneFiveYears 2025-08-31 08657967 ns5:BetweenOneFiveYears 2024-08-31 08657967 ns5:AllPeriods 2025-08-31 08657967 ns5:AllPeriods 2024-08-31 08657967 ns5:Secured 2025-08-31 08657967 ns5:Secured 2024-08-31 08657967 ns5:DeferredTaxation 2024-08-31 08657967 ns5:DeferredTaxation 2024-09-01 2025-08-31 08657967 ns5:DeferredTaxation 2025-08-31

REGISTERED NUMBER: 08657967 (England and Wales)

CUTTING EDGE KNIVES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 August 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

CUTTING EDGE KNIVES LIMITED

COMPANY INFORMATION

for the year ended 31 August 2025

| DIRECTORS: | Mr J Young

| Mrs A V Young

| REGISTERED OFFICE: | Vernon House

| 40 New North Road

| Huddersfield

| West Yorkshire

| HD1 5LS

| REGISTERED NUMBER: | 08657967 (England and Wales)

| ACCOUNTANTS: | SMH Sheards

| Vernon House

| 40 New North Road

| Huddersfield

| West Yorkshire

| HD1 5LS

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

BALANCE SHEET

31 August 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 8,868 |  | 10,253 |  |

CURRENT ASSETS

Stocks | 92,423 |  | 114,235 |  |

Debtors | 5 | 49 |  | 154 |  |

Cash at bank | 46,195 |  | 85,456 |  |

138,667 |  | 199,845 |  |

CREDITORS

Amounts falling due within one year | 6 | (82,181 | ) | (112,983 | ) |

NET CURRENT ASSETS | 56,486 |  | 86,862 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 65,354 |  | 97,115 |  |

PROVISIONS FOR LIABILITIES | 9 | (1,988 | ) | (2,351 | ) |

NET ASSETS | 63,366 |  | 94,764 |  |

CAPITAL AND RESERVES

Called up share capital | 10 |  | 10 |  |

Retained earnings | 63,356 |  | 94,754 |  |

SHAREHOLDERS' FUNDS | 63,366 |  | 94,764 |  |

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

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

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

BALANCE SHEET - continued

31 August 2025

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 11 May 2026 and were signed on its behalf by:

Mr J Young - Director

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 August 2025

1. | STATUTORY INFORMATION

| Cutting Edge Knives 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 value of sales made during the period, net of value added tax.

| 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 | - | 20% on reducing balance

| Fixtures and fittings | - | 20% on reducing balance

| Computer equipment | - | 20% on reducing balance

| Stocks

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

| Financial instruments

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

| Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

| Basic financial liabilities, including other creditors and accruals, are initially recognised at transaction price.

| Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

| 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.

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 20,118 |  |

| Additions | 833 |  |

| At 31 August 2025 | 20,951 |  |

| DEPRECIATION

| At 1 September 2024 | 9,865 |  |

| Charge for year | 2,218 |  |

| At 31 August 2025 | 12,083 |  |

| NET BOOK VALUE

| At 31 August 2025 | 8,868 |  |

| At 31 August 2024 | 10,253 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 49 |  | 154 |  |

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | - |  | 7,630 |  |

| Trade creditors | 4,543 |  | 8,598 |  |

| Taxation and social security | 43,020 |  | 48,783 |  |

| Other creditors | 34,618 |  | 47,972 |  |

82,181 |  | 112,983 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 4,293 |  | 4,293 |  |

| Between one and five years | - |  | 4,293 |  |

4,293 |  | 8,586 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | - |  | 7,630 |  |

| The bank loan is secured by a Government back initiative.

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 1,988 |  | 2,351 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 2,351 |  |

| Utilised during year | (363 | ) |

| Balance at 31 August 2025 | 1,988 |  |

CUTTING EDGE KNIVES LIMITED (REGISTERED NUMBER: 08657967)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 August 2025

10. | RELATED PARTY DISCLOSURES

| Loans owing to the directors on an interest free basis of £25,476 (2024: £24) were outstanding at the year end, the amounts are repayable on demand.