Company Registration No. SC379219 (Scotland)
Layer Systems Limited
Unaudited accounts
for the year ended 31 May 2026
Layer Systems Limited
Unaudited accounts
Contents
Layer Systems Limited
Company Information
for the year ended 31 May 2026
Directors
Michelle Livingstone
NIcholas Kewney
Company Number
SC379219 (Scotland)
Registered Office
16 Mcphater Street
Ground Floor Orient Building,
Glasgow
Scotland
G4 0HW
Accountants
Arran Accountancy Limited
Alexanders
Brodick
Isle of Arran
KA27 8HF
Layer Systems Limited
Statement of financial position
as at 31 May 2026
Intangible assets
765,388
683,238
Cash at bank and in hand
169,416
108,605
Creditors: amounts falling due within one year
(427,398)
(366,771)
Net current liabilities
(115,114)
(166,645)
Total assets less current liabilities
651,767
517,358
Creditors: amounts falling due after more than one year
(1,011,659)
(1,080,240)
Net liabilities
(359,892)
(562,882)
Called up share capital
4
4
Profit and loss account
(359,896)
(562,886)
Shareholders' funds
(359,892)
(562,882)
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2026 and were signed on its behalf by
Michelle Livingstone
Director
Company Registration No. SC379219
Layer Systems Limited
Notes to the Accounts
for the year ended 31 May 2026
Layer Systems Limited is a private company, limited by shares, registered in Scotland, registration number SC379219. The registered office is 16 Mcphater Street, Ground Floor Orient Building,, Glasgow, Scotland, G4 0HW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% straight line
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the year
102,486
Layer Systems Limited
Notes to the Accounts
for the year ended 31 May 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2025
620
7,325
26,544
34,489
At 31 May 2026
620
7,325
28,130
36,075
At 1 June 2025
620
7,265
25,839
33,724
Charge for the year
-
60
798
858
At 31 May 2026
620
7,325
26,637
34,582
At 31 May 2026
-
-
1,493
1,493
At 31 May 2025
-
60
705
765
Amounts falling due within one year
Trade debtors
86,233
39,821
Accrued income and prepayments
5,422
2,573
Other debtors
51,213
49,127
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
34,009
32,198
Taxes and social security
4,062
8,274
Other creditors
36,964
14,586
Loans from directors
159,182
159,347
Deferred income
108,190
48,694
8
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
1,011,659
1,080,240
9
Average number of employees
During the year the average number of employees was 14 (2025: 14).