Registered number
08412802
Cutis Health Ltd
Unaudited Filleted Accounts
28 February 2026

Cutis Health Ltd
Registered number: | 08412802
Balance Sheet
as at 28 February 2026
Notes |  |  | 2026 |  |  | 2025
£ | £
Fixed assets
Tangible assets | 3 |  |  | - |  |  | 327
Investments | 4 |  |  | 107,000 |  |  | 107,000
|  |  |  | 107,000 |  |  | 107,327
Current assets
Cash at bank and in hand |  |  | 31,445 |  |  | 28,860
Creditors: amounts falling due within one year | 5 |  | (11,804) |  |  | (11,804)
Net current assets |  |  |  | 19,641 |  |  | 17,056
Net assets |  |  |  | 126,641 |  |  | 124,383
Capital and reserves
Called up share capital |  |  |  | 3 |  |  | 3
Profit and loss account |  |  |  | 126,638 |  |  | 124,380
Shareholders' funds |  |  |  | 126,641 |  |  | 124,383
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
KJ Baird
Director
Approved by the board on 20 July 2026

Cutis Health Ltd
Notes to the Accounts
for the year ended 28 February 2026
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Computers | over 4 years
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 | Employees | 2026 |  | 2025
Number | Number
| Average number of persons employed by the company | - |  | -
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Computer Equipment
£
| Cost
| At 1 March 2025 | 2,175
| At 28 February 2026 | 2,175
| Depreciation
| At 1 March 2025 | 1,848
| Charge for the year | 327
| At 28 February 2026 | 2,175
| Net book value
| At 28 February 2026 | -
| At 28 February 2025 | 327
4 | Investments
Other
| Annuity Contracts Value | investments
£
| Cost
| At 1 March 2025 | 107,000
| At 28 February 2026 | 107,000
| Historical cost
| At 1 March 2025 | 107,000
| At 28 February 2026 | 107,000
| The Other Investments comprise of a contract purchased from the directors as detailed in note 6 and are shown at cost.
5 | Creditors: amounts falling due within one year | 2026 |  | 2025
£ | £
| Directors' loan account |  |  |  |  | 11,444 |  | 11,444
| Other creditors | 360 |  | 360
|  |  |  |  |  | 11,804 |  | 11,804
6 | Contingent liabilities
| The Company has previously engaged in remuneration arrangements which may be considered by HM Revenue & Customs (HMRC) to fall within the scope of the disguised remuneration rules, particularly under the Finance Act 2011 and subsequent legislative changes, including the 2017 loan charge.HMRC is continuing its investigations into such arrangements, and while the Company is cooperating fully, the outcome remains uncertain. At the date of signing these accounts, no formal assessment has been issued. Consequently, no provision has been made in the financial statements. However, should HMRC determine that tax, interest, and/or penalties are payable in respect of these arrangements, the potential liability could be material.The directors are unable to quantify the exact financial impact at this stage due to the ongoing nature of the enquiry and the legal complexity surrounding disguised remuneration schemes. The Company will continue to assess its position as more information becomes available.
7 | Related party transactions
| On 14 November 2017 Cutis Health Limited entered into a contract with Kenneth James Baird for £100,000. Under the terms of the contract, the company will receive annual payments commencing on 14 November 2018, the first payment of £2,997 increasing by the Retail Price Index annually for the lifetime of Kenneth James Baird.
8 | Controlling party
| The Company is under the control of its Directors by virtue of their shareholdings.
9 | Other information
| Cutis Health Ltd is a private company limited by shares and incorporated in England. Its registered office is:
| 22 Longmeadow
| Weaverham
| Northwich
| CW8 3JH

Cutis Health Ltd 08412802 false 2025-03-01 2026-02-28 2026-02-28 VT Final Accounts February 2026 KJ Baird No description of principal activity 08412802 2024-03-01 2025-02-28 08412802 core:WithinOneYear 2025-02-28 08412802 core:ShareCapital 2025-02-28 08412802 core:RetainedEarningsAccumulatedLosses 2025-02-28 08412802 2025-03-01 2026-02-28 08412802 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 08412802 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 08412802 bus:Director40 2025-03-01 2026-02-28 08412802 1 2025-03-01 2026-02-28 08412802 2 2025-03-01 2026-02-28 08412802 core:PlantMachinery 2025-03-01 2026-02-28 08412802 countries:England 2025-03-01 2026-02-28 08412802 bus:FRS102 2025-03-01 2026-02-28 08412802 bus:FilletedAccounts 2025-03-01 2026-02-28 08412802 2026-02-28 08412802 core:WithinOneYear 2026-02-28 08412802 core:ShareCapital 2026-02-28 08412802 core:RetainedEarningsAccumulatedLosses 2026-02-28 08412802 core:PlantMachinery 2026-02-28 08412802 2025-02-28 08412802 core:PlantMachinery 2025-02-28 iso4217:GBP xbrli:pure