REGISTERED NUMBER: 09041054 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Laser Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S A Mitchell

REGISTERED OFFICE:

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

REGISTERED NUMBER:

09041054 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

FIXED ASSETS

Tangible assets

4

16,020

21,360

Investments

5

1

-

Investment property

6

1,685,000

1,685,000

1,701,021

1,706,360

CURRENT ASSETS

Debtors

7

126,440

197,627

Cash at bank

66,831

113,461

193,271

311,088

CREDITORS

Amounts falling due within one year

8

81,422

241,459

NET CURRENT ASSETS

111,849

69,629

TOTAL ASSETS LESS CURRENT LIABILITIES

1,812,870

1,775,989

PROVISIONS FOR LIABILITIES

74,644

74,644

NET ASSETS

1,738,226

1,701,345

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Non distributable retained

earnings

242,632

242,632

Retained earnings

1,494,494

1,457,613

SHAREHOLDERS' FUNDS

1,738,226

1,701,345

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 8 December 2025 and were signed by:

S A Mitchell - Director

1.	STATUTORY INFORMATION

Laser Estates 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

37,973

DEPRECIATION

At 1 July 2024

16,613

Charge for year

5,340

At 30 June 2025

21,953

NET BOOK VALUE

At 30 June 2025

16,020

At 30 June 2024

21,360

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

1

At 30 June 2025

1

NET BOOK VALUE

At 30 June 2025

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

1,685,000

NET BOOK VALUE

At 30 June 2025

1,685,000

At 30 June 2024

1,685,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2022

215,000

Valuation in 2023

134,183

Valuation in 2024

(31,907

)

Cost

1,367,724

1,685,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,367,724

1,367,724

The investment properties were valued on an open market basis on 30 June 2025 by the director who is a Chartered Surveyor .

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

9,058

15,021

Other debtors

57,382

92,606

66,440

107,627

Amounts falling due after more than one year:

Other debtors

60,000

90,000

Aggregate amounts

126,440

197,627

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

95

Taxation and social security

25,701

39,324

Other creditors

55,721

202,040

81,422

241,459