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COMPANY REGISTRATION NUMBER: 10112166

Lightsense IP Ltd

Filleted Unaudited Financial Statements

31 December 2024

Lightsense IP Ltd

Financial Statements

Year ended 31 December 2024

Contents | Page

Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements | 1

Statement of financial position | 2

Notes to the financial statements | 3

Lightsense IP Ltd

Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Lightsense IP Ltd

Year ended 31 December 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 December 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
COMPLETE ACCOUNTING SOLUTIONS Chartered Certified Accountants
727-729 High Road London N12 0BP

Lightsense IP Ltd

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £

Fixed assets

Investments | 5 | 1 | 1

Current assets

Debtors | 6 | 168,170 | 168,170

Creditors: amounts falling due within one year | 7 | 818,079 | 794,448
| --------- | ---------
Net current liabilities | 649,909 | 626,278
| --------- | ---------
Total assets less current liabilities | ( 649,908) | ( 626,277)
| --------- | ---------

Capital and reserves

Called up share capital | 1 | 1
Profit and loss account | ( 649,909) | ( 626,278)
| --------- | ---------
Shareholders funds | ( 649,908) | ( 626,277)
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

H Aidlin |
Director |

Company registration number: 10112166

Lightsense IP Ltd

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 727-729 High Road, London, N12 0BP.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
In my opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which I believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular I believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures, fittings and equipment | - | 33% straight line

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
4. Tangible assets

| Fixtures, fittings and equipment
| £
Cost |
At 1 January 2024 and 31 December 2024 | 845
| ----
Depreciation |
At 1 January 2024 and 31 December 2024 | 845
| ----
Carrying amount |
At 31 December 2024 | –
| ----
At 31 December 2023 | –
| ----

5. Investments

| Shares in group undertakings
| £
Cost |
At 1 January 2024 and 31 December 2024 | 1
| ----
Impairment |
At 1 January 2024 and 31 December 2024 | –
| ----

Carrying amount |
At 31 December 2024 | 1
| ----
At 31 December 2023 | 1
| ----

The above investment represents a 100% holding in Femto Vision Limited.
6. Debtors

| 2024 | 2023
| £ | £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 168,170 | 168,170
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 818,079 | 794,448
| --------- | ---------