REGISTERED NUMBER: 01747946 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PEM LASER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S A Bell

A P Mate

SECRETARY:

S A Bell

REGISTERED OFFICE:

Sutherland House

1759 London Road

Leigh-on-Sea

Essex

SS9 2RZ

REGISTERED NUMBER:

01747946 (England and Wales)

ACCOUNTANTS:

Platt Rushton LLP

Sutherland House

1759 London Road

Leigh On Sea

Essex

SS9 2RZ

BANKERS:

HSBC Bank Plc

Brentwood DSC

Unit B Redwing Court

Ashton Road

Harold Hill

Romford Essex

RM3 8UD

FIXED ASSETS

Tangible assets

4

428,223

461,698

Investments

5

75,000

75,000

503,223

536,698

CURRENT ASSETS

Debtors

6

56,230

26,350

Cash at bank

4,073

35,586

60,303

61,936

CREDITORS

Amounts falling due within one year

7

43,929

56,317

NET CURRENT ASSETS

16,374

5,619

TOTAL ASSETS LESS CURRENT LIABILITIES

519,597

542,317

CREDITORS

Amounts falling due after more than one year

8

(21,578

)

(32,741

)

PROVISIONS FOR LIABILITIES

(37,554

)

(42,145

)

NET ASSETS

460,465

467,431

CAPITAL AND RESERVES

Called up share capital

25,000

25,000

Retained earnings

10

435,465

442,431

SHAREHOLDERS' FUNDS

460,465

467,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

S A Bell - Director

1.	STATUTORY INFORMATION

PEM Laser 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Land and buildings

-

2% on cost upon completion

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

362,802

1,034,769

1,397,571

DEPRECIATION

At 1 September 2024

131,546

804,327

935,873

Charge for year

7,758

25,717

33,475

At 31 August 2025

139,304

830,044

969,348

NET BOOK VALUE

At 31 August 2025

223,498

204,725

428,223

At 31 August 2024

231,256

230,442

461,698

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

75,000

NET BOOK VALUE

At 31 August 2025

75,000

At 31 August 2024

75,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,200

7,200

Amounts owed by group undertakings

48,172

18,292

Other debtors

858

858

56,230

26,350

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,285

9,704

Trade creditors

19,680

7,914

Taxation and social security

8,098

32,833

Other creditors

5,866

5,866

43,929

56,317

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

21,578

32,741

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

31,863

42,445

There is a mortgage charge with HSBC Bank PLC, which is secured over the leasehold property of the company. The charge contains a negative pledge.

There is a loan from S A Bell secured by a fixed and floating charge. Covering all of the property and undertaking of the company.

10.

RESERVES

Retained

earnings

£

At 1 September 2024

442,431

Profit for the year

55,434

Dividends

(62,400

)

At 31 August 2025

435,465