SYSTEMLITE LIMITED

Company limited by guarantee

Company Registration Number:
03013174 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

SYSTEMLITE LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

SYSTEMLITE LIMITED

Company limited by guarantee

Company Information

for the Period Ended 28 February 2023




Director: Angela Margaret Rhodes
Registered office: 19
Moss Side
Callington
Cornwall
PL17 7SD
Company Registration Number: 03013174 (England and Wales)

SYSTEMLITE LIMITED

Company limited by guarantee

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 2,000 2,000
Tangible assets: 5 1,184 1,481
Total fixed assets: 3,184 3,481
Current assets
Stocks: 2,293 1,416
Debtors: 1,563 1,954
Cash at bank and in hand: 1,563 1,862
Total current assets: 5,419 5,232
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 5,996 ) ( 7,964 )
Net current assets (liabilities): ( 577 ) ( 2,732 )
Total assets less current liabilities: 2,607 749
Total net assets (liabilities): 2,607 749

The notes form part of these financial statements

SYSTEMLITE LIMITED

Company limited by guarantee

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Reserves
Income and expenditure account 2,607 749
Members funds 2,607 749

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 September 2023
And Signed On Behalf Of The Board By:

Name: Angela Margaret Rhodes
Status: Director

The notes form part of these financial statements

SYSTEMLITE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SYSTEMLITE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

    One employee only who has reduced working hours.

SYSTEMLITE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

SYSTEMLITE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 4. Intangible assets

    Total
    Cost £
    At 01 March 2022 2,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 28 February 2023 2,000
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 28 February 2023 -
    Net book value
    Net book value at 28 February 2023 2,000
    Net book value at 28 February 2022 2,000

SYSTEMLITE LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible Assets

Total
Cost £
At 01 March 2022 1,481
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2023 1,481
Depreciation
At 01 March 2022 -
Charge for year 297
On disposals -
Other adjustments -
At 28 February 2023 297
Net book value
At 28 February 2023 1,184
At 28 February 2022 1,481