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Company Registration No. 08422619 (England and Wales)
Moments of Light Ltd Unaudited accounts for the year ended 28 February 2023
Moments of Light Ltd Unaudited accounts Contents
Page
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Moments of Light Ltd Company Information for the year ended 28 February 2023
Directors
H Dawson C Friend R Goldthorpe J Bowers
Company Number
08422619 (England and Wales)
Registered Office
South Cottage Wood Langham MARKET RASEN Lincolnshire LN8 3QR United Kingdom
Accountants
qbx- the quickbooks accountants South Cottage Wood Langham Market Rasen Lincolnshire LN8 3QR
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Moments of Light Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,730 
3,536 
Current assets
Debtors
- 
1,500 
Cash at bank and in hand
16,351 
6,441 
16,351 
7,941 
Creditors: amounts falling due within one year
(1,517)
(2,250)
Net current assets
14,834 
5,691 
Total assets less current liabilities
30,564 
9,227 
Creditors: amounts falling due after more than one year
(50,056)
(34,344)
Net liabilities
(19,492)
(25,117)
Capital and reserves
Profit and loss account
(19,492)
(25,117)
Shareholders' funds
(19,492)
(25,117)
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 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 9 March 2023 and were signed on its behalf by
H Dawson Director Company Registration No. 08422619
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Moments of Light Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Moments of Light Ltd is a private company, limited by shares, registered in England and Wales, registration number 08422619. The registered office is South Cottage, Wood Langham, MARKET RASEN, Lincolnshire, LN8 3QR, United Kingdom.
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.
3
Accounting policies
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.
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:
Land & buildings
10% per annum on cost
Plant & machinery
20% per annum on cost
Computer equipment
33% per annum on cost
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
1,874 
6,310 
3,773 
11,957 
Additions
10,542 
5,178 
- 
15,720 
Disposals
- 
(672)
- 
(672)
At 28 February 2023
12,416 
10,816 
3,773 
27,005 
Depreciation
At 1 March 2022
1,476 
4,879 
2,066 
8,421 
Charge for the year
1,242 
1,444 
840 
3,526 
On disposals
- 
(672)
- 
(672)
At 28 February 2023
2,718 
5,651 
2,906 
11,275 
Net book value
At 28 February 2023
9,698 
5,165 
867 
15,730 
At 28 February 2022
398 
1,431 
1,707 
3,536 
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Moments of Light Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,500 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,250 
1,250 
Trade creditors
267 
- 
Deferred income
- 
1,000 
1,517 
2,250 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,308 
9,375 
Loans from directors
41,748 
24,969 
50,056 
34,344 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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