REGISTERED NUMBER: 08955837 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LASER SCANNING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R Rigby

SECRETARY:

REGISTERED OFFICE:

Unit 18, Chambers Way

Thorncliffe Park Estate

Newton Chambers Road

Sheffield

S35 2PH

REGISTERED NUMBER:

08955837 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

FIXED ASSETS

Tangible assets

5

119,536

123,938

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

6

146,961

93,552

Cash at bank and in hand

67,664

149,432

217,125

245,484

CREDITORS

Amounts falling due within one year

7

105,765

129,124

NET CURRENT ASSETS

111,360

116,360

TOTAL ASSETS LESS CURRENT LIABILITIES

230,896

240,298

CREDITORS

Amounts falling due after more than one year

8

(4,167

)

(19,898

)

PROVISIONS FOR LIABILITIES

11

(23,853

)

(29,070

)

NET ASSETS

202,876

191,330

CAPITAL AND RESERVES

Called up share capital

12

99,600

115,221

Share premium

16,466

16,466

Capital redemption reserve

67,483

51,862

Retained earnings

19,327

7,781

SHAREHOLDERS' FUNDS

202,876

191,330

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 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.

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 22 September 2025 and were signed by:

J R Rigby - Director

1.	STATUTORY INFORMATION

Laser Scanning 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 (£).

These financial statements cover the entity as an individual company.

The figures in the financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on cost, Over period of lease and at varying rates 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.

Financial instruments

Financial Liabilities

The company's loans payable meet the definition of a basic financial instrument, so they are originally recognised at the transaction price These loans carry a market rate of interest.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rentals paid under operating leases are charged to profit and loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

424,140

Additions

12,866

At 31 December 2024

437,006

DEPRECIATION

At 1 January 2024

300,202

Charge for year

17,268

At 31 December 2024

317,470

NET BOOK VALUE

At 31 December 2024

119,536

At 31 December 2023

123,938

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

42,770

Transfer to ownership

(13,295

)

At 31 December 2024

29,475

DEPRECIATION

At 1 January 2024

14,106

Charge for year

2,948

Transfer to ownership

(11,159

)

At 31 December 2024

5,895

NET BOOK VALUE

At 31 December 2024

23,580

At 31 December 2023

28,664

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

132,924

79,455

Other debtors

14,037

14,097

146,961

93,552

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts (see note 9)

5,731

10,738

Trade creditors

48,646

49,186

Taxation and social security

35,776

33,040

Other creditors

5,612

26,160

105,765

129,124

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,167

14,167

Hire purchase contracts (see note 9)

-

5,731

4,167

19,898

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2024

2023

£

£

Net obligations repayable:

Within one year

5,731

10,738

Between one and five years

-

5,731

5,731

16,469

Non-cancellable

operating leases

2024

2023

£

£

Within one year

19,299

28,061

Between one and five years

9,155

28,454

28,454

56,515

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

5,731

16,469

The hire purchase contracts are secured by a charge over the assets to which they relate.

11.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

23,853

29,070

Deferred

tax

£

Balance at 1 January 2024

29,070

Credit to Income Statement during year

(5,217

)

Balance at 31 December 2024

23,853

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

199,200

Ordinary

£0.50

99,600

115,221

13.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024

2023

£

£

J R Rigby

Balance outstanding at start of year

-

10,000

Amounts repaid

-

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-