REGISTERED NUMBER: 02835714 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LASER COMPONENTS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Paul

D J Barlow

SECRETARY:

D Barlow

REGISTERED OFFICE:

4 Office Village

Forder Way

Cygnet Park

Peterborough

PE7 8GX

REGISTERED NUMBER:

02835714 (England and Wales)

SENIOR STATUTORY AUDITOR:

TC Group

AUDITORS:

TC Group

4 Office Village

Cygnet Park

Hampton

Peterborough

PE7 8GX

FIXED ASSETS

Tangible assets

4

19,937

14,072

CURRENT ASSETS

Stocks

5

68,328

15,053

Debtors

6

1,014,847

1,052,984

Cash at bank

310,611

1,018,231

1,393,786

2,086,268

CREDITORS

Amounts falling due within one year

7

1,165,883

1,308,844

NET CURRENT ASSETS

227,903

777,424

TOTAL ASSETS LESS CURRENT LIABILITIES

247,840

791,496

PROVISIONS FOR LIABILITIES

3,174

2,660

NET ASSETS

244,666

788,836

CAPITAL AND RESERVES

Called up share capital

8

20,010

20,010

Retained earnings

9

224,656

768,826

SHAREHOLDERS' FUNDS

244,666

788,836

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 1 June 2026 and were signed on its behalf by:

D J Barlow - Director

1.	STATUTORY INFORMATION

Laser Components (UK) 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Going concern

The financial statements have been prepared on a going concern basis. In assessing whether the going concern assumption is appropriate, the directors have considered all available information about the future, including forecasts and projections, for a period of at least twelve months from the date of approval of the financial statements.

The directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future and, accordingly, continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

15,452

26,339

53,076

94,867

Additions

425

10,039

1,836

12,300

Disposals

(13,783

)

(6,458

)

(11,956

)

(32,197

)

At 31 December 2025

2,094

29,920

42,956

74,970

DEPRECIATION

At 1 January 2025

13,969

17,879

48,947

80,795

Charge for year

1,625

1,455

2,546

5,626

Eliminated on disposal

(13,783

)

(5,649

)

(11,956

)

(31,388

)

At 31 December 2025

1,811

13,685

39,537

55,033

NET BOOK VALUE

At 31 December 2025

283

16,235

3,419

19,937

At 31 December 2024

1,483

8,460

4,129

14,072

5.

STOCKS

2025

2024

£

£

Stocks

68,328

15,053

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

950,465

1,029,967

Bad debt provision

(6,742

)

-

Amounts owed by group undertakings

5,303

5,000

Tax

46,759

-

Prepayments

19,062

18,017

1,014,847

1,052,984

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

360,314

659,088

Corporation tax

-

46,783

Social security and other taxes

30,340

33,284

VAT

152,044

308,551

Other creditors

190,133

261,138

Creditors Inter co

433,052

-

1,165,883

1,308,844

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20,000

Ordinary

£1

20,000

20,000

10

Non Voting Preference

£1

10

10

20,010

20,010

9.

RESERVES

Retained

earnings

£

At 1 January 2025

768,826

Deficit for the year

(144,170

)

Dividends

(400,000

)

At 31 December 2025

224,656

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

TC Group John Grant

for and on behalf of TC Group

11.	ULTIMATE CONTROLLING PARTY

The controlling party is P Paul.

The ultimate controlling party is P Paul.

The immediate parent company and the ultimate parent company is

Photona GmbH

Werner-von-Siemens-Str. 15

82140 Olching

Commercial Register: HRB 77055

Registration court: München

Represented by: Patrick-Oliver Paul