Company Registration No. SC813751 (Scotland)
Northern Light Microscopy Limited
Unaudited accounts
for the year ended 30 June 2026
Northern Light Microscopy Limited
Unaudited accounts
Contents
Northern Light Microscopy Limited
Company Information
for the year ended 30 June 2026
Directors
Peter Tinning
Ralf Bauer
Colin Roberts
Company Number
SC813751 (Scotland)
Registered Office
Suite 1.1 The Beyond Skypark
8 Elliot Place
Glasgow
G3 8EP
Scotland
Accountants
FinFlare Limited
Mitchell House
5 Mitchell Street
Edinburgh
Midlothian
EH6 7BD
Northern Light Microscopy Limited
Statement of financial position
as at 30 June 2026
Intangible assets
17,426
-
Tangible assets
13,926
9,612
Cash at bank and in hand
746,753
85,750
Creditors: amounts falling due within one year
(40,750)
(9,061)
Net current assets
867,761
83,526
Total assets less current liabilities
899,113
93,138
Creditors: amounts falling due after more than one year
-
(100,000)
Net assets/(liabilities)
899,113
(6,862)
Called up share capital
3,088
1,805
Profit and loss account
(114,459)
(8,667)
Shareholders' funds
899,113
(6,862)
For the year ending 30 June 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 7 October 2026 and were signed on its behalf by
Peter Tinning
Director
Company Registration No. SC813751
Northern Light Microscopy Limited
Notes to the Accounts
for the year ended 30 June 2026
Northern Light Microscopy Limited is a private company, limited by shares, registered in Scotland, registration number SC813751. The registered office is Suite 1.1 The Beyond Skypark, 8 Elliot Place, Glasgow, G3 8EP, Scotland.
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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.
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 historic cost convention
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is calculated over the useful life of the asset.
Patents are amortised over 10 years.
Government grants are recognised based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.
A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable.
A grant received before the recognition criteria are satisfied is recognised as a liability
Northern Light Microscopy Limited
Notes to the Accounts
for the year ended 30 June 2026
Expenditure on research and development is written off in the year in which it is incurred.
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The Share capital of the Company is divided into Ordinary Shares, A Ordinary Shares, B Ordinary Shares, C Ordinary Shares and D Ordinary Shares.
The above named shares are separate share classes, carrying respective rights over voting, rights to appoint and remove directors, and rights to capital as outlined in the company's Memorandum and Articles of Association.
During the year the company issued a total of 128,437 shares for a total cash consideration of £1,090,422.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
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Intangible fixed assets
Other
Northern Light Microscopy Limited
Notes to the Accounts
for the year ended 30 June 2026
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2025
8,441
-
3,549
11,990
Additions
1,042
3,419
2,829
7,290
At 30 June 2026
9,483
3,419
6,378
19,280
At 1 July 2025
1,936
-
442
2,378
Charge for the year
1,705
276
995
2,976
At 30 June 2026
3,641
276
1,437
5,354
At 30 June 2026
5,842
3,143
4,941
13,926
At 30 June 2025
6,505
-
3,107
9,612
Amounts falling due within one year
Accrued income and prepayments
18,449
-
8
Creditors: amounts falling due within one year
2026
2025
Trade creditors
28,491
114
Loans from directors
8,600
8,557
9
Creditors: amounts falling due after more than one year
2026
2025
Northern Light Microscopy Limited
Notes to the Accounts
for the year ended 30 June 2026
Allotted, called up and fully paid:
308,850 Ordinary shares (A,B and C) of £0.01 each
3,088.50
1,804.13
Shares issued during the period:
128,437 Ordinary shares (A,B and C) of £0.01 each
1,284.37
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Average number of employees
During the year the average number of employees was 6 (2025: 3).