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Registration number: 15240479

First Light Optics Holdings Limited

Unaudited Filleted Financial Statements

for the Period from 27 October 2023 to 31 July 2024

 

First Light Optics Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

First Light Optics Holdings Limited

(Registration number: 15240479)
Balance Sheet as at 31 July 2024

Note

2024
£

Fixed assets

 

Investments

4

112

Current assets

 

Cash at bank and in hand

 

10

Creditors: Amounts falling due within one year

5

(112)

Net current liabilities

 

(102)

Net assets

 

10

Capital and reserves

 

Called up share capital

6

10

Shareholders' funds

 

10

For the financial period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 March 2025 and signed on its behalf by:
 

.........................................
Mr Stephen Graham
Director

 

First Light Optics Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7 Budlake Units
Budlake Road
Marsh Barton Trading Estate
Exeter
EX2 8PY
United Kingdom

These financial statements were authorised for issue by the Board on 16 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

First Light Optics Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 July 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Investments

2024
£

Investments in subsidiaries

112

Subsidiaries

£

Cost or valuation

Additions

112

Provision

Carrying amount

At 31 July 2024

112

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

Subsidiary undertakings

First Light Optics Limited

7 Budlake Units Budlake Road, Marsh Barton Trading Estate, Exeter, EX2 8PY

Ordinary shares

100%

Remote Observatory Limited

7 Budlake Units Budlake Road, Marsh Barton Trading Estate, Exeter, EX2 8PY

Ordinary shares

100%

The Binocular Shop Ltd

7 Budlake Units Budlake Road, Marsh Barton Trading Estate, Exeter, EX2 8PY

Ordinary shares

100%

 

First Light Optics Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 July 2024

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

First Light Communities Ltd

7 Budlake Units Budlake Road, Marsh Barton Trading Estate, Exeter, EX2 8PY

Ordinary shares

100%

Subsidiary undertakings

First Light Optics Limited

The principal activity of First Light Optics Limited is the retail of astronomy equipment.

The Binocular Shop Ltd, First Light Communities Ltd and Remote Observatory Limited are not currently trading.

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Other creditors

112

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary Shares of £1 each

2

2

A Ordinary Shares of £1 each

8

8

10

10