Brolis Photonics Solutions Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: NI630993 (Northern Ireland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BROLIS PHOTONICS SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

D Vizbaras

Ms L Jukneviciute

REGISTERED OFFICE:

Unit A4

The Innovation Suite Ash Building

Willowbank Business Park

Larne

Co. Antrim

BT40 2SF

REGISTERED NUMBER:

NI630993 (Northern Ireland)

AUDITORS:

Baker Tilly Mooney Moore

Statutory Auditors

17 Clarendon Road

Belfast

BT1 3BG

FIXED ASSETS

Tangible assets

4

6,344

6,270

CURRENT ASSETS

Stocks

778

Debtors

5

1,612

23,620

Cash at bank

13,301

10,057

15,691

34,455

CREDITORS

Amounts falling due within one year

6

16,784

54,602

NET CURRENT LIABILITIES

(1,093

)

(20,147

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,251

(13,877

)

PROVISIONS FOR LIABILITIES

1,586

1,787

NET ASSETS/(LIABILITIES)

3,665

(15,664

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

3,565

(15,764

)

SHAREHOLDERS' FUNDS

3,665

(15,664

)

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 authorised for issue by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

D Vizbaras - Director

1.	STATUTORY INFORMATION

Brolis Photonics Solutions Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

The directors believe that the Company's financial statements should be prepared on a going concern basis on the grounds that the current and future sources of funding or support will be more than adequate for the Company's needs. In the event that additional funds were needed to support the Company, subject to the project being commercial on a long-term basis, the directors would seek to procure and are confident that they would be able to secure any necessary funding from the parent companies. They have considered a period of twelve months from the date of approval of the annual financial statements considering all reasonable fluctuations in the forecast assumptions and currently forecast that the Company is a commercial on a long term basis.

Significant judgements and estimates

In preparing these financial statements the directors have made the following judgements in:

The determination of whether there are indicators of impairment of the company's tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and business in general.

The directors also consider the depreciation rates and useful lives on an annual basis to ensure there is sufficient evidence to support these and that the estimates remain reasonable.

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.

Short leasehold

-

20% on cost

Plant and machinery

-

20% on reducing balance

Fixtures, fittings & equipment

-

20% on reducing balance

Stocks

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

Financial instruments

All financial instruments of the company are considered to meet the definition of basic financial instruments.

- Short term debtors and creditors

Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

- Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

14,805

33,248

48,053

Additions

-

1,444

At 31 December 2025

14,805

34,692

49,497

DEPRECIATION

At 1 January 2025

14,805

26,978

41,783

Charge for year

-

1,370

At 31 December 2025

14,805

28,348

43,153

NET BOOK VALUE

At 31 December 2025

-

6,344

At 31 December 2024

-

6,270

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Amounts owed by group undertakings

-

15,910

Prepayments and accrued income

1,612

7,710

1,612

23,620

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

21

4,311

Amounts owed to group undertakings

-

38,497

Taxation and social security

10,431

6,158

Other creditors

6,332

5,636

16,784

54,602

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

The Report of the Auditors was unqualified.

Eimear Brown (Senior Statutory Auditor)

for and on behalf of Baker Tilly Mooney Moore

8.	RELATED PARTY DISCLOSURES

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.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its parent company Brolis Defence Group UAB.