IRIS Accounts Production v26.2.0.496 02235770 director 1.1.25 31.12.25 31.12.25 10.8.2026 false true false false false true false Auditors Opinion Ordinary 0.01000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02235770 2024-12-31 02235770 2025-12-31 02235770 2025-01-01 2025-12-31 02235770 2023-12-31 02235770 2024-01-01 2024-12-31 02235770 2024-12-31 02235770 ns15:EnglandWales 2025-01-01 2025-12-31 02235770 ns14:PoundSterling 2025-01-01 2025-12-31 02235770 ns10:Director1 2025-01-01 2025-12-31 02235770 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02235770 ns10:SmallEntities 2025-01-01 2025-12-31 02235770 ns10:Audited 2025-01-01 2025-12-31 02235770 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 02235770 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02235770 ns10:FullAccounts 2025-01-01 2025-12-31 02235770 1 2025-01-01 2025-12-31 02235770 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 02235770 ns10:RegisteredOffice 2025-01-01 2025-12-31 02235770 ns5:CurrentFinancialInstruments 2025-12-31 02235770 ns5:CurrentFinancialInstruments 2024-12-31 02235770 ns5:ShareCapital 2025-12-31 02235770 ns5:ShareCapital 2024-12-31 02235770 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 02235770 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 02235770 ns5:IntangibleAssetsOtherThanGoodwill 2025-01-01 2025-12-31 02235770 ns5:PatentsTrademarksLicencesConcessionsSimilar 2025-01-01 2025-12-31 02235770 ns5:LandBuildings 2025-01-01 2025-12-31 02235770 ns5:PlantMachinery 2025-01-01 2025-12-31 02235770 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 02235770 ns5:IntangibleAssetsOtherThanGoodwill 2025-12-31 02235770 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-31 02235770 ns5:LandBuildings 2024-12-31 02235770 ns5:PlantMachinery 2024-12-31 02235770 ns5:LandBuildings 2025-12-31 02235770 ns5:PlantMachinery 2025-12-31 02235770 ns5:LandBuildings 2024-12-31 02235770 ns5:PlantMachinery 2024-12-31 02235770 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 02235770 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 02235770 ns5:WithinOneYear 2025-12-31 02235770 ns5:WithinOneYear 2024-12-31 02235770 ns5:BetweenOneFiveYears 2025-12-31 02235770 ns5:BetweenOneFiveYears 2024-12-31 02235770 ns5:AllPeriods 2025-12-31 02235770 ns5:AllPeriods 2024-12-31 02235770 ns5:DeferredTaxation 2024-12-31 02235770 ns5:DeferredTaxation 2025-01-01 2025-12-31 02235770 ns5:DeferredTaxation 2025-12-31 02235770 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 02235770 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Artistic Licence Engineering Limited |

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Contents of the Financial Statements

for the year ended 31 December 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |  | to |  | 6

| Artistic Licence Engineering Limited |

Company Information

for the year ended 31 December 2025

| DIRECTOR: | Mr M J Hannaford

| REGISTERED OFFICE: | The Mould Making Workshop

| Soby Mews

| Bovey Tracey

| Newton Abbott

| Devon

| TQ13 9JG

| REGISTERED NUMBER: | 02235770 (England and Wales)

| AUDITORS: | Clifford Roberts

| Chartered Accountants &

| Statutory Auditors

| Pacioli House

| 9 Brookfield

| Duncan Close

| Northampton

| Northamptonshire

| NN3 6WL

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Balance Sheet

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 5 |  | 6 |  |

Tangible assets | 5 | 7,949 |  | 14,607 |  |

7,954 |  | 14,613 |  |

CURRENT ASSETS

Stocks | 6 | 251,783 |  | 339,586 |  |

Debtors | 7 | 207,739 |  | 201,237 |  |

Cash at bank | 65,726 |  | 26,819 |  |

525,248 |  | 567,642 |  |

CREDITORS

Amounts falling due within one year | 8 | 315,248 |  | 292,163 |  |

NET CURRENT ASSETS | 210,000 |  | 275,479 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 217,954 |  | 290,092 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 217,854 |  | 289,992 |  |

SHAREHOLDERS' FUNDS | 217,954 |  | 290,092 |  |

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 August 2026 and were signed by:

Mr M J Hannaford - Director

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Notes to the Financial Statements

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Artistic Licence Engineering 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.

| Going concern

| The financial statements have been prepared on a going concern basis as the company will continue to receive the support of the group, particularly from its immediate parent company.

| 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.

| Revenue

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Turnover consists of the sale of lighting control, data-distribution and integration products.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Patents and licences are being amortised evenly over their estimated useful life of ten years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | 10% on cost

| Plant and machinery etc | - | 33% on cost and 25% 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.

| Trade and other debtors

| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at undiscounted cost less impairment losses for bad and doubtful debts.

| Trade and other creditors

| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at undiscounted cost.

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 5 (2024 - 5 ) .

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1 January 2025

| and 31 December 2025 | 10 |  |

| AMORTISATION

| At 1 January 2025 | 4 |  |

| Charge for year | 1 |  |

| At 31 December 2025 | 5 |  |

| NET BOOK VALUE

| At 31 December 2025 | 5 |  |

| At 31 December 2024 | 6 |  |

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 4,989 |  | 88,826 |  | 93,815 |  |

| DEPRECIATION

| At 1 January 2025 | 4,989 |  | 74,219 |  | 79,208 |  |

| Charge for year | - |  | 6,658 |  | 6,658 |  |

| At 31 December 2025 | 4,989 |  | 80,877 |  | 85,866 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 7,949 |  | 7,949 |  |

| At 31 December 2024 | - |  | 14,607 |  | 14,607 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 251,783 |  | 339,586 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 4,394 |  | 16,962 |  |

| Amounts owed by group undertakings | 15,054 |  | 926 |  |

| Other debtors | 188,291 |  | 183,349 |  |

207,739 |  | 201,237 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 4,059 |  | 12,207 |  |

| Amounts owed to group undertakings | 269,581 |  | 235,174 |  |

| Taxation and social security | 10,516 |  | 9,105 |  |

| Other creditors | 31,092 |  | 35,677 |  |

315,248 |  | 292,163 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 26,445 |  | 26,445 |  |

| Between one and five years | 28,649 |  | 55,094 |  |

55,094 |  | 81,539 |  |

| Artistic Licence Engineering Limited (Registered number: 02235770) |

Notes to the Financial Statements - continued

for the year ended 31 December 2025

10. | DEFERRED TAX

£ |

| Balance at 1 January 2025 | (170,090 | ) |

| Provided during year | (1,664 | ) |

| Balance at 31 December 2025 | (171,754 | ) |

| The deferred tax asset is included within other debtors.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 10,000 | Ordinary | £0.01 | 100 |  | 100 |  |

| Called up share capital

| This represents the nominal value of shares that have been issued.

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

| The Report of the Auditors was unqualified.

| Robert Dearing BEng FCA (Senior Statutory Auditor)

| for and on behalf of Clifford Roberts

13. | ULTIMATE CONTROLLING PARTY

| The immediate parent company is Robe UK Limited, located at 3 Spinney View, Stone Circle Road, Round Spinney Industrial Estate, Northampton, Northamptonshire, NN3 8RF.

| The ultimate parent company is Robe Lighting S.R.O, a company incorporated in the Czech Republic, with the registered address Hazovice 2090, 75661, Roznov pod Radhostem.