REGISTERED NUMBER: 02659194 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Prolight Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Statement of Directors' Responsibilities

10

Independent Chartered Accountants' Review Report

11

DIRECTORS:

P Binsted

S Gill

N Whitehand

SECRETARY:

P Binsted

REGISTERED OFFICE:

Beacon Business Centre

Hopton Park

Devizes

Wiltshire

SN10 2EY

REGISTERED NUMBER:

02659194 (England and Wales)

ACCOUNTANTS:

PPS Chartered Accountants

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

FIXED ASSETS

Tangible assets

4

337,213

363,042

CURRENT ASSETS

Stocks

1,259,765

1,760,369

Debtors

5

1,848,117

1,281,712

Cash at bank

1,180,884

1,850,569

4,288,766

4,892,650

CREDITORS

Amounts falling due within one year

6

2,152,170

3,046,254

NET CURRENT ASSETS

2,136,596

1,846,396

TOTAL ASSETS LESS CURRENT LIABILITIES

2,473,809

2,209,438

CREDITORS

Amounts falling due after more than one year

7

(13,817

)

(101,945

)

PROVISIONS FOR LIABILITIES

9

(84,222

)

(78,065

)

NET ASSETS

2,375,770

2,029,428

CAPITAL AND RESERVES

Called up share capital

10

5,792

4,570

Share premium

11

77,700

-

Capital redemption reserve

11

430

430

Retained earnings

11

2,291,848

2,024,428

SHAREHOLDERS' FUNDS

2,375,770

2,029,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2026 and were signed on its behalf by:

S Gill - Director

1.	STATUTORY INFORMATION

Prolight Design 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and are presented in £ sterling which is the the functional currency of the company.

Turnover

Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, rebates and value added tax. Revenue from the sales of goods is recognised when the significant risks and rewards of ownership have passed to the buyer, usually on despatch of the goods.

Depreciation of tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

Over the remaining lease term

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 48 (2024 - 41 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

Plant and

and

to property

machinery

fittings

£

£

£

COST

At 1 December 2024

50,439

289,573

66,403

Additions

20,885

45,912

23,277

Disposals

(555

)

(62,729

)

(2,179

)

At 30 November 2025

70,769

272,756

87,501

DEPRECIATION

At 1 December 2024

-

117,461

34,751

Charge for year

5,061

58,271

14,952

Eliminated on disposal

-

(62,729

)

(2,179

)

At 30 November 2025

5,061

113,003

47,524

NET BOOK VALUE

At 30 November 2025

65,708

159,753

39,977

At 30 November 2024

50,439

172,112

31,652

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 December 2024

197,881

84,345

688,641

Additions

37,316

25,743

153,133

Disposals

(196,889

)

(19,195

)

(281,547

)

At 30 November 2025

38,308

90,893

560,227

DEPRECIATION

At 1 December 2024

126,966

46,421

325,599

Charge for year

15,045

22,666

115,995

Eliminated on disposal

(134,477

)

(19,195

)

(218,580

)

At 30 November 2025

7,534

49,892

223,014

NET BOOK VALUE

At 30 November 2025

30,774

41,001

337,213

At 30 November 2024

70,915

37,924

363,042

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 December 2024

124,824

Additions

36,735

Disposals

(124,824

)

At 30 November 2025

36,735

DEPRECIATION

At 1 December 2024

54,611

Charge for year

14,689

Eliminated on disposal

(62,412

)

At 30 November 2025

6,888

NET BOOK VALUE

At 30 November 2025

29,847

At 30 November 2024

70,213

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

1,796,633

1,183,196

Other debtors

51,484

98,516

1,848,117

1,281,712

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

61,001

102,000

Hire purchase contracts

8,501

16,286

Trade creditors

512,962

1,426,285

Taxation and social security

786,615

853,955

Other creditors

783,091

647,728

2,152,170

3,046,254

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

61,000

Hire purchase contracts

13,817

40,945

13,817

101,945

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

61,001

163,000

Hire purchase contracts

22,318

57,231

83,319

220,231

9.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

Accelerated capital allowances

84,222

78,065

Deferred tax

£

Balance at 1 December 2024

78,065

Accelerated Capital Allowances

6,157

Balance at 30 November 2025

84,222

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

479,200

Ordinary

£0.01

4,792

4,570

(30.11.24 - 457,000 )

100,000

Vn shares

£0.01

1,000

-

5,792

4,570

100,000 Vn shares shares of £0.01 each were allotted and fully paid for cash at par during the year.

22,200 Ordinary shares of £0.01 each were allotted as fully paid at a premium of 3.50 per share during the year.

Vn shares do not carry any entitlement to vote. Dividend entitlement depends upon the clearance of hurdles attached to the shares.

11.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 December 2024

2,024,428

-

430

2,024,858

Profit for the year

717,420

717,420

Dividends

(450,000

)

(450,000

)

Cash share issue

-

77,700

-

77,700

At 30 November 2025

2,291,848

77,700

430

2,369,978

12.	FINANCIAL COMMITMENTS

Total financial commitments relating to operating leases amounted to £729,828 (2024: £786,299) at the balance sheet date.

13.	TRANSACTIONS WITH DIRECTORS

The directors have current accounts with the company on which interest at a rate of 4% is payable in respect of credit balances and is charged in respect of debit balances.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Binsted.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

The directors are responsible for preparing the Report of the Directors 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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 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 these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements 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.

ON BEHALF OF THE BOARD:

S Gill - Director

13 August 2026

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

We have reviewed the financial statements of Prolight Design Limited for the year ended 30 November 2025, which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Directors' responsibility for the financial statements

As explained more fully in the Statement of Directors' Responsibilities set out on page ten, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view.

Accountants' responsibility

Our responsibility is to express a conclusion on the financial statements. We conducted our review in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), 'Engagements to review historical financial statements' and ICAEW Technical Release TECH 09/13AAF (Revised) 'Assurance review engagements on historical financial statements'. ISRE 2400 (Revised) requires us to conclude whether anything has come to our attention that causes us to believe that the financial statements, taken as a whole, are not prepared, in all material respects, in accordance with United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ISRE 2400 (Revised) also requires us to comply with the ICAEW Code of Ethics and the FRC's Ethical Standard, as applicable.

Scope of the assurance review

A review of financial statements in accordance with ISRE 2400 (Revised) is a limited assurance engagement. We have performed additional procedures, primarily consisting of making enquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained. The procedures performed in a review are substantially less than those performed in an audit conducted in accordance with International Standards on Auditing (UK). Accordingly, we do not express an audit opinion on these financial statements.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the financial statements have not been prepared:

-	so as to give a true and fair view of the state of the company's affairs as at 30 November 2025 and of its profit for the year then ended;

-	in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	in accordance with the requirements of the Companies Act 2006.

Use of our report

This report is made solely to the company's directors, as a body, in accordance with our terms of engagement. Our review has been undertaken so that we might state to the directors those matters that we have agreed with them in a reviewer's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's directors as a body for our work, for this report, or for the conclusions we have formed.

PPS Chartered Accountants

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

20 August 2026