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REGISTERED NUMBER: 14575415 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

LASER PROFILING LIMITED

LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LASER PROFILING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: R Jones
Mrs L P Jones





REGISTERED OFFICE: Unit 4 Seaway Parade Industrial Estate
Baglan
Port Talbot
United Kingdom
SA12 7BR





REGISTERED NUMBER: 14575415 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,420 -
Tangible assets 5 11,282 2,908
14,702 2,908

CURRENT ASSETS
Stocks 5,000 -
Debtors 6 127,293 28,309
Cash at bank 98,950 8,654
231,243 36,963
CREDITORS
Amounts falling due within one year 7 155,484 36,374
NET CURRENT ASSETS 75,759 589
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,461

3,497

PROVISIONS FOR LIABILITIES 3,675 552
NET ASSETS 86,786 2,945

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 86,785 2,944
86,786 2,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)

BALANCE SHEET - continued
31 JULY 2024


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 November 2024 and were signed on its behalf by:





R Jones - Director


LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Laser Profiling 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

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 etc - 33% on reducing balance, 25% on reducing balance and 10% on cost

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.

LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued

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 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 4,275
At 31 July 2024 4,275
AMORTISATION
Charge for year 855
At 31 July 2024 855
NET BOOK VALUE
At 31 July 2024 3,420

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 3,231
Additions 11,658
At 31 July 2024 14,889
DEPRECIATION
At 1 August 2023 323
Charge for year 3,284
At 31 July 2024 3,607
NET BOOK VALUE
At 31 July 2024 11,282
At 31 July 2023 2,908

LASER PROFILING LIMITED (REGISTERED NUMBER: 14575415)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 91,868 28,308
Amounts owed by group undertakings 32,817 1
Other debtors 2,608 -
127,293 28,309

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,808 14,006
Amounts owed to group undertakings 52,358 16,358
Taxation and social security 49,366 5,110
Other creditors 5,952 900
155,484 36,374

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,900 -
Between one and five years 76,320 -
92,220 -

9. ULTIMATE CONTROLLING PARTY

The controlling party is Foredowel Holdings Ltd.

The ultimate controlling party is Mr Robert Jones.