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REGISTERED NUMBER: 03628762 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022

FOR

EPSILON LIGHTING LIMITED

EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EPSILON LIGHTING LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2022







DIRECTORS: J Wigmore
A Kenton





SECRETARY: Ms J Wallace





REGISTERED OFFICE: Hollybush Lane
Aldershot
Hampshire
GU11 2PX





REGISTERED NUMBER: 03628762 (England and Wales)





ACCOUNTANTS: Saunders Wood & Co.
Chartered Accountants
140A Tachbrook Street
London SW1V 2NE

EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)

BALANCE SHEET
28 February 2022

28.2.22 28.2.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,136 51,496

CURRENT ASSETS
Stocks 236,752 176,635
Debtors 5 253,525 253,587
Cash at bank 176,435 224,607
666,712 654,829
CREDITORS
Amounts falling due within one year 6 165,868 159,066
NET CURRENT ASSETS 500,844 495,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,980

547,259

CREDITORS
Amounts falling due after more than one
year

7

59,046

71,635
NET ASSETS 480,934 475,624

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Capital redemption reserve 8 10,000 10,000
Retained earnings 8 455,934 450,624
SHAREHOLDERS' FUNDS 480,934 475,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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.

EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)

BALANCE SHEET - continued
28 February 2022


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 1 September 2022 and were signed on its behalf by:





J Wigmore - Director


EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

Epsilon Lighting 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on reducing balance
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.

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 4 (2021 - 5 ) .

EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2021 1,959 4,597 196,156 6,620 209,332
Additions - - - 1,168 1,168
At 28 February 2022 1,959 4,597 196,156 7,788 210,500
DEPRECIATION
At 1 March 2021 1,959 4,597 145,385 5,895 157,836
Charge for year - - 12,694 834 13,528
At 28 February 2022 1,959 4,597 158,079 6,729 171,364
NET BOOK VALUE
At 28 February 2022 - - 38,077 1,059 39,136
At 28 February 2021 - - 50,771 725 51,496

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Trade debtors 215,591 226,534
VAT 37,019 26,138
Prepayments 915 915
253,525 253,587

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Hire purchase contracts 9,986 12,455
Trade creditors 111,766 118,855
Tax 5,827 296
Social security and other taxes 10,786 9,980
Accrued expenses 27,503 17,480
165,868 159,066

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.22 28.2.21
£    £   
Bank loans - 1-2 years 9,998 -
Bank loans - 2-5 years 37,398 50,000
Hire purchase contracts 11,650 21,635
59,046 71,635

EPSILON LIGHTING LIMITED (REGISTERED NUMBER: 03628762)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2022

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 March 2021 450,624 10,000 460,624
Profit for the year 11,310 11,310
Dividends (6,000 ) (6,000 )
At 28 February 2022 455,934 10,000 465,934