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REGISTERED NUMBER: 07927218 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

SENSOR COATING SYSTEMS LIMITED

SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SENSOR COATING SYSTEMS LIMITED

Company Information
for the year ended 31 December 2024







Directors: Dr J P Feist
Dr R J C Easton
Prof A L Heyes
Mr W D Iselin
Prof J R Nicholls
Mr B R Shaw
Dr S A Rodriguez





Registered office: The Cube London East-UK
Yewtree Avenue
Dagenham East
London
RM10 7FN





Registered number: 07927218 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Statement of Financial Position
31 December 2024

2024 2023
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 27,301 7,128
27,301 7,128

Current assets
Debtors 6 253,548 200,608
Cash at bank 369,800 340,743
623,348 541,351
Creditors
Amounts falling due within one year 7 154,814 188,917
Net current assets 468,534 352,434
Total assets less current liabilities 495,835 359,562

Provisions for liabilities 8 5,187 3,459
Net assets 490,648 356,103

Capital and reserves
Called up share capital 9 330 330
Share premium 276,788 276,788
Retained earnings 213,530 78,985
Shareholders' funds 490,648 356,103

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

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

SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:




Mr W D Iselin - Director



Dr J P Feist - Director


SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Sensor Coating Systems 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Patents and licences are being amortised evenly over their 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 - Straight line over 2 years
Computer equipment - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


2. Accounting policies - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. Employees and directors

The average number of employees during the year was 15 (2023 - 14 ) .

4. Intangible fixed assets
Patents and
licences
£
Cost
At 1 January 2024
and 31 December 2024 4,521
Amortisation
At 1 January 2024
and 31 December 2024 4,521
Net book value
At 31 December 2024 -
At 31 December 2023 -

5. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£ £ £
Cost
At 1 January 2024 90,303 35,010 125,313
Additions 25,513 2,142 27,655
At 31 December 2024 115,816 37,152 152,968
Depreciation
At 1 January 2024 87,181 31,004 118,185
Charge for year 4,409 3,073 7,482
At 31 December 2024 91,590 34,077 125,667
Net book value
At 31 December 2024 24,226 3,075 27,301
At 31 December 2023 3,122 4,006 7,128

SENSOR COATING SYSTEMS LIMITED (REGISTERED NUMBER: 07927218)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 220,987 129,912
Other debtors 32,561 70,696
253,548 200,608

7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 3,799 48,618
Trade creditors 40,977 20,943
Taxation and social security 17,091 17,523
Other creditors 92,947 101,833
154,814 188,917

8. Provisions for liabilities
2024 2023
£ £
Deferred tax 5,187 3,459

Deferred tax
£
Balance at 1 January 2024 3,459
Provided during year 1,728
Balance at 31 December 2024 5,187

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
33,002 Ordinary shares 0.01 330 330