Company registration number 05206487 (England and Wales)
SINOSCAN UK LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
SINOSCAN UK LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2
Notes to the financial statements
3 - 7
SINOSCAN UK LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr. R Taylor
Mr. J Daugaard
Ms P. Warncke
(Appointed 21 October 2025)
Company number
05206487
Registered office
Unit 26 Fareham Innovation Centre Merlin House
4 Meteor Way
Daedalus Drive
Lee-On-The-Solent
Hampshire
England
PO16 9FU
Auditor
TC Group
3 Acorn Business Centre
Northarbour Road
Cosham
Portsmouth
Hampshire
PO6 3TH
SINOSCAN UK LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
2,269
1,480
Current assets
Stocks
593,475
805,330
Debtors
4
444,537
187,986
Cash at bank and in hand
228,707
165,726
1,266,719
1,159,042
Creditors: amounts falling due within one year
5
(251,009)
(202,473)
Net current assets
1,015,710
956,569
Net assets
1,017,979
958,049
Capital and reserves
Called up share capital
6
10,000
10,000
Profit and loss reserves
1,007,979
948,049
Total equity
1,017,979
958,049

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 March 2026 and are signed on its behalf by:
Mr. R Taylor
Director
Company registration number 05206487 (England and Wales)
SINOSCAN UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Sinoscan UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 26 Fareham Innovation Centre Merlin House, 4 Meteor Way, Daedalus Drive, Lee-On-The-Solent, Hampshire, England, PO16 9FU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is derived from ordinary activities from the sale of goods for resale and is recognised in the profit and loss account when delivery is made and risk has passed to the buyer. Turnover is recognised net of VAT, duties and discounts.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
20% reducing balance
1.4
Stocks

Stocks are value d at the lower of cost and net realisable selling price, and on an Average Weighted Cost (AWC) basis. Cost consists of purchase price plus delivery costs.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

SINOSCAN UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

SINOSCAN UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.8
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

1.10

Research and development expenditure

Research expenditure is written off against profits in the year in which it is incurred.

2
Employees

The average monthly number of persons (including salaried directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
SINOSCAN UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
3
Tangible fixed assets
Office equipment
£
Cost
At 1 January 2025
8,869
Additions
1,357
At 31 December 2025
10,226
Depreciation and impairment
At 1 January 2025
7,389
Depreciation charged in the year
568
At 31 December 2025
7,957
Carrying amount
At 31 December 2025
2,269
At 31 December 2024
1,480
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
295,169
144,156
Amounts owed by group undertakings
144,418
37,830
Prepayments and accrued income
4,950
6,000
444,537
187,986
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,844
18,003
Amounts due to group undertakings
65,321
21,557
Corporation tax
59,685
41,233
VAT
106,885
103,592
PAYE
7,460
6,619
Accruals and deferred income
5,814
11,469
251,009
202,473
SINOSCAN UK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 7 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
10,000
10,000
10,000
10,000
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
James Blake FCA
Statutory Auditor:
TC Group
Date of audit report:
3 March 2026
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
5,840
-
0
9
Related party transactions

In accordance with Section 33.1A of FRS 102 the company has taken exemption from disclosing transactions and balances with fellow wholly owned group undertakings.

10
Parent company

The company is controlled by its parent company, Sinoscan Group A/S, a company registered in Denmark. Sinoscan Group A/S holds 100% of the company's ordinary share capital.

The smallest and largest group to consolidate the results of Sinoscan UK Limited is Sinoscan Group A/S. copies of the consolidated financial statements can be obtained from https://datacvr.virk.dk/data/

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