Company Registration No. NI636493 (Northern Ireland)
LIVING LIGHT (N.I.) LTD
Unaudited accounts
for the year ended 28 February 2023
LIVING LIGHT (N.I.) LTD
Unaudited accounts
Contents
LIVING LIGHT (N.I.) LTD
Company Information
for the year ended 28 February 2023
Director
Mary Rose Stewart
Secretary
Mary Rose Stewart
Company Number
NI636493 (Northern Ireland)
Registered Office
72 Straid Road
Ballycastle
County Antrim
BT54 6NW
Northern Ireland
Accountants
Kevin & Margaret Duffin T/A KMD Accountancy
Ardmalin
15 Inishowen Park
Portstewart
Londonderry
BT55 7BQ
LIVING LIGHT (N.I.) LTD
Statement of financial position
as at 28 February 2023
Tangible assets
4,747
5,934
Cash at bank and in hand
3,194
7,622
Creditors: amounts falling due within one year
(6,443)
(4,916)
Net current assets
22,251
42,506
Total assets less current liabilities
26,998
48,440
Creditors: amounts falling due after more than one year
(30,728)
(41,125)
Net (liabilities)/assets
(3,730)
7,315
Called up share capital
100
100
Profit and loss account
(3,830)
7,215
Shareholders' funds
(3,730)
7,315
For the year ending 28 February 2023 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 director acknowledges her 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 and authorised for issue on 1 November 2023 and were signed on its behalf by
Mary Rose Stewart
Director
Company Registration No. NI636493
LIVING LIGHT (N.I.) LTD
Notes to the Accounts
for the year ended 28 February 2023
LIVING LIGHT (N.I.) LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI636493. The registered office is 72 Straid Road, Ballycastle, County Antrim, BT54 6NW, Northern Ireland.
2
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Fixtures & fittings
At 28 February 2023
11,450
LIVING LIGHT (N.I.) LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,250
3,972
Taxes and social security
1,556
944
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).