Company No: 16436699 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	R Jäckle (Appointed 16 July 2025)
	M Chung Hai Lee (Appointed 18 June 2025)
	S Wo Douglas Li (Appointed 08 May 2025)
	M Hong Kei Mo (Appointed 08 May 2025)

REGISTERED OFFICE	3rd Floor 1 Ashley Road
	Altrincham
	WA14 2DT
	United Kingdom

COMPANY NUMBER

16436699 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	31.03.2026
		£
Fixed assets
Intangible assets	3	247,595
Tangible assets	4	13,225
		260,820
Current assets
Debtors	5	11,794
Cash at bank and in hand		3,160,020
		3,171,814
Creditors: amounts falling due within one year	6	( 45,357)
Net current assets		3,126,457
Total assets less current liabilities		3,387,277
Accruals and deferred income		( 979)
Net assets		3,386,298
Capital and reserves
Called-up share capital		4
Share premium account		3,725,281
Profit and loss account		( 338,987 )
Total shareholders' funds		3,386,298

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Lightfern Ltd (registered number: 16436699) were approved and authorised for issue by the Board of Directors on 23 June 2026. They were signed on its behalf by:

M Hong Kei Mo Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Lightfern Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 3rd Floor 1 Ashley Road, Altrincham, WA14 2DT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

5 years straight line

Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the directors are satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset and amortised over the period during which the Company is expected to benefit. This period is between three and five years. Provision is made for any impairment.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

25 % reducing balance

2. Employees

	Period from 08.05.2025 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	4

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 08 May 2025	0		0
Additions	303,178		303,178
At 31 March 2026	303,178		303,178
Accumulated amortisation
At 08 May 2025	0		0
Charge for the financial period	55,583		55,583
At 31 March 2026	55,583		55,583
Net book value
At 31 March 2026	247,595		247,595

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 08 May 2025	0		0
Additions	14,092		14,092
At 31 March 2026	14,092		14,092
Accumulated depreciation
At 08 May 2025	0		0
Charge for the financial period	867		867
At 31 March 2026	867		867
Net book value
At 31 March 2026	13,225		13,225

5. Debtors

	31.03.2026
	£
Other debtors	11,794

6. Creditors: amounts falling due within one year

	31.03.2026
	£
Trade creditors	4,966
Other taxation and social security	33,166
Other creditors	7,225
	45,357