Surface Imaging Solutions Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

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Balance Sheet

As At 31 January 2025

Balance Sheet

Registered number: 07704196

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,260		2,242
Tangible Assets	5		2,568		4,131

			5,828		6,373
CURRENT ASSETS
Stocks	6	151,730		189,415
Debtors	7	464,631		358,595
Cash at bank and in hand		129,176		172,309

		745,537		720,319
Creditors: Amounts Falling Due Within One Year	8	(386,901 )		(426,182 )

NET CURRENT ASSETS (LIABILITIES)			358,636		294,137

TOTAL ASSETS LESS CURRENT LIABILITIES			364,464		300,510

Creditors: Amounts Falling Due After More Than One Year	9		-		(11,908 )

NET ASSETS			364,464		288,602

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			364,364		288,502

SHAREHOLDERS' FUNDS			364,464		288,602

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Surface Imaging Solutions Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 16 September 2025 and were signed on its behalf by:

Mr. N A Miedzianowski-Sinclair

Director

The notes on pages 4 to 8 form part of these financial statements.

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Surface Imaging Solutions Limited

Notes to the Financial Statements

For The Year Ended 31 January 2025

Notes to the Financial Statements

1. General Information

Surface Imaging Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07704196 .

The registered office is 9a Burroughs Gardens, Hendon, London, NW4 4AU.

The Principle place of business is Little Beeches, Wycombe Lane, All Cannings, Devizes, Wiltshire, SN10 3NT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

The financial statements have been prepared under the historical cost convention (except that as disclosed in the accounting policies certain items are shown at fair value) and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Assets Class	Amortisation method and rate
Website	5 years on costs

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Surface Imaging Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and

installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures & Fittings	25% reducing balance
Office Equipment	33.33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.9. Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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Surface Imaging Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.10. Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Website
	£
Cost
As at 1 February 2024	5,850
Additions	2,500

As at 31 January 2025	8,350

Amortisation
As at 1 February 2024	3,608
Provided during the period	1,482

As at 31 January 2025	5,090

Net Book Value
As at 31 January 2025	3,260

As at 1 February 2024	2,242

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Surface Imaging Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

5. Tangible Assets

	Fixtures & Fittings	Office Equipment	Total
	£	£	£
Cost
As at 1 February 2024	2,975	10,190	13,165

As at 31 January 2025	2,975	10,190	13,165

Depreciation
As at 1 February 2024	2,033	7,001	9,034
Provided during the period	235	1,328	1,563

As at 31 January 2025	2,268	8,329	10,597

Net Book Value
As at 31 January 2025	707	1,861	2,568

As at 1 February 2024	942	3,189	4,131

6. Stocks

	2025	2024
	£	£
Finished goods	151,730	189,415

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	440,875	347,460
Amounts owed by group undertakings	1,137	600
Other debtors	22,619	10,535

	464,631	358,595

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	262,958	317,615
Bank loans and overdrafts	13,675	41,453
Other creditors	61,788	52,478
Taxation and social security	48,480	14,636

	386,901	426,182

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Surface Imaging Solutions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	11,908

10. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	13,675	41,453

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	-	11,908

Bank borrowings

The Funding Circle Loan is denominated in Sterling with a nominal interest rate of 5%, and the final instalment is due on 14 May 2025. The carrying amount at year end is £13,675 (2024 - £53,361).

The Funding Circle Loan is governed by the Coronavirus Business Interruption Loan Scheme (CBILS).

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

12. Related Party Disclosures

Transaction with directors

At the balance sheet date, the company owed £40,445 (2024: £37,273) to the directors.

Transaction with group companies

At the balance sheet date, the Corium Imaging Limited owed £1,137 (2024: £600) to the company.

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Directors	Mrs L J Miedzianowska-Sinclair
	Mr. N A Miedzianowski-Sinclair

Company Number	07704196

Registered Office	9a Burroughs Gardens
	Hendon
	London
	NW4 4AU

Business	Little Beeches
	Wycombe Lane
	All Cannings, Davizes
	Wiltshire
	SN10 3NT

Accountants	Ripe LLP
	Chartered Accountants
	9A Burroughs Gardens
	London
	NW4 4AU