REGISTERED NUMBER: 11905090 (England and Wales)

Financial Statements

for the Year Ended 31st March 2026

for

CUTTING EDGE SURGICAL INSTRUMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J W Twigger

M K Robinson

B J Hackett

C J Grist

REGISTERED OFFICE:

Unit 1 - 2 Harforde Court

Foxholes Business Park

John Tate Road

Hertford

Hertfordshire

SG13 7NW

REGISTERED NUMBER:

11905090 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Tangible assets

4

155,390

157,565

CURRENT ASSETS

Stocks

198,983

138,718

Debtors

5

708,826

726,991

Cash at bank

373,214

253,952

1,281,023

1,119,661

CREDITORS

Amounts falling due within one year

6

608,318

464,573

NET CURRENT ASSETS

672,705

655,088

TOTAL ASSETS LESS CURRENT LIABILITIES

828,095

812,653

PROVISIONS FOR LIABILITIES

36,088

39,391

NET ASSETS

792,007

773,262

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

791,007

772,262

SHAREHOLDERS' FUNDS

792,007

773,262

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 4th June 2026 and were signed on its behalf by:

M K Robinson - Director

1.	STATUTORY INFORMATION

CUTTING EDGE SURGICAL INSTRUMENTS LTD 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.

Tools and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer and office equipment

-

25% 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.

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 25 (2025 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Fixtures

and

Tools and

and

Motor

office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

140,812

134,621

51,499

14,182

341,114

Additions

12,121

-

46,332

200

58,653

Disposals

-

-

(24,000

)

-

(24,000

)

At 31st March 2026

152,933

134,621

73,831

14,382

375,767

DEPRECIATION

At 1st April 2025

89,272

63,715

19,272

11,290

183,549

Charge for year

12,732

14,182

15,142

773

42,829

Eliminated on disposal

-

-

(6,001

)

-

(6,001

)

At 31st March 2026

102,004

77,897

28,413

12,063

220,377

NET BOOK VALUE

At 31st March 2026

50,929

56,724

45,418

2,319

155,390

At 31st March 2025

51,540

70,906

32,227

2,892

157,565

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

599,986

694,873

Other debtors

24,205

24,205

Prepayments

84,635

7,913

708,826

726,991

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

185,405

54,829

Tax

261,853

230,309

Social security and other taxes

-

14,311

VAT

154,276

154,590

Other creditors

-

4,518

Accrued expenses

6,784

6,016

608,318

464,573

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/3/26

31/3/25

value:

£

£

1,000

Ordinary shares

£1.00

1,000

1,000