Nanolayr UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12260902

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		35,201		46,449

			35,201		46,449
CURRENT ASSETS
Debtors	5	166,129		121,531
Cash at bank and in hand		15,247		37,459

		181,376		158,990
Creditors: Amounts Falling Due Within One Year	6	(37,021 )		(14,951 )

NET CURRENT ASSETS (LIABILITIES)			144,355		144,039

TOTAL ASSETS LESS CURRENT LIABILITIES			179,556		190,488

NET ASSETS			179,556		190,488

CAPITAL AND RESERVES
Called up share capital	8		1,400		1,400
Share premium account			99,650		99,650
Revaluation reserve	9		8,479		10,934
Profit and Loss Account			70,027		78,504

SHAREHOLDERS' FUNDS			179,556		190,488

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Nanolayr UK Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

On behalf of the board

Dr Simon King

Director

8 April 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Nanolayr UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12260902 . The registered office is 4 Saxton Parklands, Guildford, Surrey, GU2 9JX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention 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.

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.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	3 years straight line
Computer Equipment	3 years straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

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Nanolayr UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	103,377	1,263	5,717	110,357
Additions	416	-	-	416

As at 31 March 2025	103,793	1,263	5,717	110,773

Depreciation
As at 1 April 2024	56,936	1,263	5,709	63,908
Provided during the period	11,656	-	8	11,664

As at 31 March 2025	68,592	1,263	5,717	75,572

Net Book Value
As at 31 March 2025	35,201	-	-	35,201

As at 1 April 2024	46,441	-	8	46,449

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,518	20,818
Prepayments and accrued income	900	900
VAT	817	2,652
Net wages	162	-
Amounts owed by subsidiaries	147,732	97,161

	166,129	121,531

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	14,321
Trade creditors	(207 )	630
Accruals and deferred income	37,228	-

	37,021	14,951

7. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	14,321

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Nanolayr UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,400	1,400

9. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	10,934
Transfer to profit and loss	(2,455 )

As at 31 March 2025	8,479

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