Raytest Instruments Limited Accounts






Raytest Instruments Limited

	Company No. 01495163
		Information for Filing with The Registrar
		31 March 2025

The Director presents his report and the accounts for the period ended 31 March 2025.

Principal activities
The principal activity of the company during the period under review was an investment company.




Director

The Director who served at any time during the period was as follows:

P.K. Clapham









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

P.K. Clapham
Director
08 December 2025

at	31 March 2025
Company No.		01495163	Notes	2025	2023
				£	£
Fixed assets

	Tangible assets		4	495,556	495,583

	Investments		5	200,000	200,000
				695,556	695,583
Current assets

	Debtors		6	361	332

	Cash at bank and in hand			160,940	214,693
				161,301	215,025
Creditors: Amount falling due within one year			7	(5,625)	(4,000)
Net current assets				155,676	211,025
Total assets less current liabilities				851,232	906,608




Net assets				851,232	906,608

Capital and reserves
	Called up share capital			1,000	1,000



	Profit and loss account		9	850,232	905,608

Total equity				851,232	906,608



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 08 December 2025 and signed on its behalf by:
P.K. Clapham
Director
08 December 2025

for the period ended 31 March 2025

General information

Raytest Instruments Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 01495163

Its registered office is:

16 Melrose Terrace

Ragland Lane

Bath

BA1 6HW

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

15% reducing balance

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 profit and loss account 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2025	2023
			Number	Number
		The average monthly number of employees (including directors) during the period:	1	1

4	Tangible fixed assets
			Land and buildings	Fixtures, fittings and equipment	Total
			£	£	£
		Cost or revaluation
		At 1 January 2024	495,400	930	496,330




		At 31 March 2025	495,400	930	496,330
		Depreciation
		At 1 January 2024	-	747	747
		Charge for the year	-	27	27



		At 31 March 2025	-	774	774
		Net book values
		At 31 March 2025	495,400	156	495,556
		At 31 December 2023	495,400	183	495,583

5	Investments
			Other investments	Total
			£	£
		Cost or valuation
		At 1 January 2024	200,000	200,000



		At 31 March 2025	200,000	200,000
		Provisions/Impairment





		Net book values
		At 31 March 2025	200,000	200,000
		At 31 December 2023	200,000	200,000

		Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments cannot be valued at fair value hence included at historical cost.
		The aggregate amount of the capital and reserves of the undertaking as at 30 June 2024 of Lablogic Group Holdings Limited was £24,298,319. The profit for the year was £168,990.
		The aggregate amount of the capital and reserves of the undertaking as at 30 June 2024 of Lablogic (2012) Limited was £2,537,369. The loss for the year was £296,798.

6	Debtors
			2025	2023
			£	£







		Prepayments and accrued income	361	332
			361	332

7	Creditors:
		amounts falling due within one year
			2025	2023
			£	£






		Taxes and social security	4,844	3,314
		Loans from directors	8	7

		Accruals and deferred income	773	679
			5,625	4,000

Share Capital

A scheme of reconstruction was undertaken pursuant to a reconstruction agreement dated 16 May 2024 between Raytest Holdings Limited, Raytest Instruments Limited and the existing shareholders. A 50% capital reduction was undertaken and the remaining shares were allotted to Raytest Holdings Limited, and in return Raytest Holdings Limited allotted new shares to the shareholders.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2025	2023
			£	£
		Dividends for the period:
		Dividends paid in the period	76,000	35,500

			76,000	35,500

		Dividends by type:

		Equity dividends	76,000	35,500
			76,000	35,500