Spectrum Optical Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC159122

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,730		10,498

			7,730		10,498
CURRENT ASSETS
Stocks	5	7,995		8,345
Debtors	6	21,574		18,369
Cash at bank and in hand		1,590		7,549

		31,159		34,263
Creditors: Amounts Falling Due Within One Year	7	(77,672 )		(82,728 )

NET CURRENT ASSETS (LIABILITIES)			(46,513 )		(48,465 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(38,783 )		(37,967 )

Creditors: Amounts Falling Due After More Than One Year	8		(66,819 )		(64,861 )

NET LIABILITIES			(105,602 )		(102,828 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(105,702 )		(102,928 )

SHAREHOLDERS' FUNDS			(105,602)		(102,828)

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Spectrum Optical Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

A McCann

Director

29/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Spectrum Optical Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC159122 . The registered office is Unit 16 , Flexspace Springhill Parkway, Baillieston, Glasgow, G69 6GA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 September 2024	12,000	179,364	7,500	198,864

As at 31 August 2025	12,000	179,364	7,500	198,864

Depreciation
As at 1 September 2024	12,000	170,290	6,076	188,366
Provided during the period	-	2,268	500	2,768

As at 31 August 2025	12,000	172,558	6,576	191,134

Net Book Value
As at 31 August 2025	-	6,806	924	7,730

As at 1 September 2024	-	9,074	1,424	10,498

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Spectrum Optical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Stocks

	2025	2024
	£	£
Stock	7,995	8,345

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	21,574	18,369

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	36,435	43,206
Other creditors	30,855	32,768
Taxation and social security	10,382	6,754

	77,672	82,728

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	15,947	13,989
Other creditors	50,872	50,872

	66,819	64,861

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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