Registered number : SC465737

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ALBAN LASER SYSTEMS LTD

DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Alban Laser Systems Ltd.

Directors' Report and Unaudited Financial Statements

For The Year Ended 31 December 2025

 

Contents

Page

 

 

Directors' Report

3

 

 

Balance Sheet

4 - 5

 

 

Notes to the Financial Statements

6 - 10

 

Alban Laser Systems Ltd.

Company No. SC465737

Directors' Report For The Year Ended 31 December 2025

 

The directors present their report and the financial statements for the year ended 31 December 2025.

 

Principal Activity

 

The principal activity of the company during the year was the design, manufacture and supply of articulated laser arm systems.

 

Statement of Directors' Responsibilities

 

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

 

*

select suitable accounting policies and then apply them consistently;

*

make judgments and accounting estimates that are reasonable and prudent;

*

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

 

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

 

Directors

 

The directors who held office during the year were as follows:

Mr Ray Todhunter

Mr Martin Hargreaves

Mr Nick Clark

 

Small Company Rules

 

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

On behalf of the board

 

 

 

 

Mr Martin Hargreaves

Director

5th August 2026

Alban Laser Systems Ltd.

Balance Sheet

As at 31 December 2025

 

 

 

31 December 2025

31 December 2024

 

Notes

£

£

£

£

 

 

 

 

 

 

FIXED ASSETS

 

 

 

 

 

Tangible Assets

3

 

2,025

 

2,366

 

 

 

 

 

 

 

 

 

2,025

 

2,366

CURRENT ASSETS

 

 

 

 

 

Stocks

4

192,268

 

130,268

 

Debtors

5

218,966

 

98,006

 

Deferred Tax

 

5,581

 

 

 

Cash at bank and in hand

 

11,506

 

34,469

 

 

 

 

 

 

 

 

 

428,321

 

262,743

 

 

 

 

 

 

 

Creditors: Amounts Falling Due Within One Year

6

(231,017)

 

(60,500)

 

 

 

 

 

 

 

NET CURRENT ASSETS (LIABILITIES)

 

 

197,304

 

202,243

 

 

 

 

 

 

TOTAL ASSETS LESS CURRENT LIABILITIES

 

 

199,329

 

204,609

 

 

 

 

 

 

Creditors: Amounts Falling Due After More Than One Year

7

 

(50,000)

 

(50,000)

 

 

 

 

 

 

NET ASSETS

 

 

149,329

 

154,609

 

 

 

 

 

 

CAPITAL AND RESERVES

 

 

 

 

 

 

 

 

 

 

 

Called up share capital

 

 

10

 

10

Profit and Loss Account

 

 

149,319

 

154,599

 

 

 

 

 

 

SHAREHOLDERS' FUNDS

 

 

149,329

 

154,609

Alban Laser Systems Ltd.

Balance Sheet (continued)

As at 31 December 2025

 

For the year ending 31 December 2025 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 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 in accordance with the provisions applicable to companies subject to the small companies' regime.

 

On behalf of the board

 

 

 

 

Mr Martin Hargreaves

Director

5th August 2026

 

 

The notes on pages 6 to 10 form part of these financial statements

 

Alban Laser Systems Ltd.

Notes to the Financial Statements

For The Year Ended 31 December 2025

 

1.     Accounting Policies

 

1.1.     Basis of Preparation of Financial Statements

 

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

 

1.2.     Tangible Fixed Assets and Depreciation

 

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

 

Leasehold

Straight line over the remainder of the lease

Plant & Machinery

20% straight line

Fixtures & Fittings

20% straight line

Computer Equipment

20% straight line

 

1.3.     Stocks and Work in Progress

 

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slowmoving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

 

2.     Average Number of Employees

 

Average number of employees during the year was 6 (2024: 7)

Alban Laser Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

 

3.     Tangible Assets

 

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

 

Plant and

Plant and

 

Machinery

Machinery

Cost

etc.

etc.

 

 

 

As at 31 December 2025

30,56630,067

 

 

 

Depreciation

 

 

As at 1 January 2025

27,70126,861

Provided during the period

840840

 

 

 

As at 31 December 2025

28,54127,701

 

 

 

Net Book Value

2,0252,366

 

4.     Stocks

 

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

Stock - materials

78,45793,140

Stock - work in progress

113,81137,128

 

 

 

 

192,268130,268

Alban Laser Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

 

5.     Debtors

 

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

Due within one year

 

 

Trade debtors

207,47792,728

Prepayments and accrued income

1,497500

VAT

9,9924,778

 

 

 

 

218,96698,006

 

6.     Creditors : Amounts Falling Due Within One Year

 

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

Trade Creditors

171,53626,853

Corporation tax

0

(11,394)

Other taxes and social security

7,5705,999

Other creditors

042

Accruals and deferred income

3,4111,000

Directors' loan accounts

48,50038,000

 

 

 

 

231,01760,500

 

7.     Creditors : Amounts Falling Due After More Than One Year

 

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

Directors' loan accounts

50,00050,000

Alban Laser Systems Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

 

8.     Share Capital

 

 

31 December

31 December

 

2025

2024

 

 

 

Allotted, Called up and fully paid

1010

 

9.     Other commitments

 

The total of future minimum lease payments under non-cancellable operating leases are as follows:

 

 

Land and buildings

 

31 December

31 December

 

2025

2024

 

£

£

 

 

 

Within 1 year

32,00012,000

Between 1 and 5 years

21,3330

 

 

 

 

53,33312,000

 

10.     General Information

 

Alban Laser Systems Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC465737. The registered office is at 4 Fife Interchange North, Sandpiper Drive, Dunfermline, Scotland, KY11 8EZ