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REGISTERED NUMBER: 11919496 (England and Wales)












PHOTON LER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






PHOTON LER LTD (REGISTERED NUMBER: 11919496)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PHOTON LER LTD

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTOR: S C Harvey





REGISTERED OFFICE: 19 Wyndham Road
Kingston upon Thames
Surrey
KT2 5JR





REGISTERED NUMBER: 11919496 (England and Wales)





ACCOUNTANTS: Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

PHOTON LER LTD (REGISTERED NUMBER: 11919496)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,569 7,320

CURRENT ASSETS
Debtors 5 60,029 9,929
Cash at bank 13,797 15,134
73,826 25,063
CREDITORS
Amounts falling due within one year 6 (44,240 ) (26,793 )
NET CURRENT ASSETS/(LIABILITIES) 29,586 (1,730 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,155

5,590

CREDITORS
Amounts falling due after more than
one year

7

(35,948

)

(4,989

)
NET ASSETS 207 601

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 107 501
207 601

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PHOTON LER LTD (REGISTERED NUMBER: 11919496)

BALANCE SHEET - continued
31 March 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 director and authorised for issue on 16 January 2025 and were signed by:





S C Harvey - Director


PHOTON LER LTD (REGISTERED NUMBER: 11919496)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Photon LER 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 represents the supply of services for the reporting of medical scans and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes where applicable.

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 - 33% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 25% on cost

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.

PHOTON LER LTD (REGISTERED NUMBER: 11919496)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 11,481
Additions 2,951
At 31 March 2024 14,432
DEPRECIATION
At 1 April 2023 4,161
Charge for year 3,702
At 31 March 2024 7,863
NET BOOK VALUE
At 31 March 2024 6,569
At 31 March 2023 7,320

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 60,029 9,929

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,574 1,978
Trade creditors 1,896 1,566
Taxation and social security 29,395 12,494
Other creditors 6,375 10,755
44,240 26,793

PHOTON LER LTD (REGISTERED NUMBER: 11919496)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 35,948 4,989

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
S C Harvey
Balance outstanding at start of year 4,379 3,610
Amounts advanced 57,132 20,780
Amounts repaid (18,312 ) (20,011 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 43,199 4,379