Lithography Equipment Support Ltd

Lithography Equipment Support Ltd
Registered number:		08320473
Statement of Financial Position
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		48,240			31,341

Current assets
Stocks		224,313			227,993
Debtors	4	258,365			142,747
Cash at bank and in hand		1,007,815			277,633
		1,490,493			648,373

Creditors: amounts falling due within one year	5	(959,682)			(107,110)

Net current assets			530,811			541,263

Total assets less current liabilities			579,051			572,604


Provisions for liabilities			(11,032)			(7,783)


Net assets			568,019			564,821

Capital and reserves
Called up share capital			100			100
Profit and loss account			567,919			564,721

Shareholders' funds			568,019			564,821

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




James Ede
Director
Approved by the board on 20 July 2026

Lithography Equipment Support Ltd
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% reducing balance
	Motor vehicles	25% reducing balance

	Inventories
	Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Employees and directors			2025		2024
Number					Number

	Average number of directors and persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2025	23,808		38,999		62,807
	Additions	1,567		55,308		56,875
	Disposals	(3,483)		(38,999)		(42,482)
	At 31 December 2025	21,892		55,308		77,200

	Depreciation
	At 1 January 2025	14,404		17,062		31,466
	Charge for the year	2,253		13,827		16,080
	On disposals	(1,524)		(17,062)		(18,586)
	At 31 December 2025	15,133		13,827		28,960

	Net book value
	At 31 December 2025	6,759		41,481		48,240
	At 31 December 2024	9,404		21,937		31,341


4	Debtors			2025		2024
£					£

	Trade debtors			73,130		58,328
	Prepayments			3,327		3,094
	Other debtors			181,908		81,325
				258,365		142,747


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			9,048		13,726
	Accruals			923,287		1,350
	Corporation tax			23,630		64,575
	Other taxes and social security costs			-		26,517
	Other creditors			3,717		942
				959,682		107,110


6	Other information

	Lithography Equipment Support Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	15 Hazel Heights
	Ashford
	Kent
	TN25 4GF