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Company Registration No. SC813751 (Scotland)
Northern Light Microscopy Limited Unaudited accounts for the period from 17 June 2024 to 30 June 2025
Northern Light Microscopy Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Northern Light Microscopy Limited Company Information for the period from 17 June 2024 to 30 June 2025
Directors
Peter Tinning Ralf Bauer Colin Roberts
Company Number
SC813751 (Scotland)
Registered Office
Room 543b Technology & Innovation Centre 99 George Street Glasgow G1 1RD Scotland
Accountants
FinFlare Limited Mitchell House 5 Mitchell Street Edinburgh Midlothian EH6 7BD
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Northern Light Microscopy Limited Statement of financial position as at 30 June 2025
2025
Notes
£
Fixed assets
Tangible assets
4
9,612
Current assets
Debtors
5
6,837
Cash at bank and in hand
85,750
92,587
Creditors: amounts falling due within one year
6
(9,061)
Net current assets
83,526
Total assets less current liabilities
93,138
Creditors: amounts falling due after more than one year
7
(100,000)
Net liabilities
(6,862)
Capital and reserves
Called up share capital
1,805
Profit and loss account
(8,667)
Shareholders' funds
(6,862)
For the period ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Peter Tinning Director Company Registration No. SC813751
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Northern Light Microscopy Limited Notes to the Accounts for the period from 17 June 2024 to 30 June 2025
1
Statutory information
Northern Light Microscopy Limited is a private company, limited by shares, registered in Scotland, registration number SC813751. The registered office is Room 543b, Technology & Innovation Centre, 99 George Street, Glasgow, G1 1RD, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
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 historic cost convention
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Northern Light Microscopy Limited Notes to the Accounts for the period from 17 June 2024 to 30 June 2025
Government grants
Government grants are recognised based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received. A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Retirement benefits
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 17 June 2024
-
-
-
Additions
8,441
3,549
11,990
At 30 June 2025
8,441
3,549
11,990
Depreciation
Charge for the period
1,936
442
2,378
At 30 June 2025
1,936
442
2,378
Net book value
At 30 June 2025
6,505
3,107
9,612
5
Debtors
2025
£
Amounts falling due within one year
VAT
6,476
Other debtors
361
6,837
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Northern Light Microscopy Limited Notes to the Accounts for the period from 17 June 2024 to 30 June 2025
6
Creditors: amounts falling due within one year
2025
£
Trade creditors
114
Loans from directors
8,557
Accruals
390
9,061
7
Creditors: amounts falling due after more than one year
2025
£
Other creditors
100,000
8
Average number of employees
During the period the average number of employees was 3.
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