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REGISTERED NUMBER: 11913322 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

INTEGRITY LIGHTING SOLUTIONS LTD

INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTEGRITY LIGHTING SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: J Harper
L Harper
L Quinn





REGISTERED OFFICE: 18 Highmeres Road
Leicester
LE4 9LZ





REGISTERED NUMBER: 11913322 (England and Wales)





ACCOUNTANTS: TC Group
31 High View Close
Hamilton Office Park
Leicester
Leicestershire
LE4 9LJ

INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,523 6,253

CURRENT ASSETS
Stocks 156,197 79,414
Debtors 5 137,941 123,301
Cash at bank 85,285 90,211
379,423 292,926
CREDITORS
Amounts falling due within one year 6 146,075 134,048
NET CURRENT ASSETS 233,348 158,878
TOTAL ASSETS LESS CURRENT LIABILITIES 278,871 165,131

CREDITORS
Amounts falling due after more than one
year

7

(50,000

)

(50,000

)

PROVISIONS FOR LIABILITIES (11,370 ) (1,563 )
NET ASSETS 217,501 113,568

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 217,201 113,268
217,501 113,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

BALANCE SHEET - continued
31 DECEMBER 2023


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 20 March 2024 and were signed on its behalf by:





J Harper - Director


INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Integrity Lighting Solutions Ltd 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.
Improvements to property - in accordance with the lease
Plant and machinery - 12.5% on cost
Fixtures and fittings - 12.5% on cost
Computer equipment - 50% 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 8 (2022 - 7 ) .

INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 - 4,456 388 6,857 11,701
Additions 34,585 1,208 5,626 2,407 43,826
At 31 December 2023 34,585 5,664 6,014 9,264 55,527
DEPRECIATION
At 1 January 2023 - 871 60 4,517 5,448
Charge for year 785 631 255 2,885 4,556
At 31 December 2023 785 1,502 315 7,402 10,004
NET BOOK VALUE
At 31 December 2023 33,800 4,162 5,699 1,862 45,523
At 31 December 2022 - 3,585 328 2,340 6,253

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 132,537 119,003
Other debtors 5,404 4,298
137,941 123,301

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 22,866 35,995
Taxation and social security 88,063 51,231
Other creditors 35,146 46,822
146,075 134,048

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 50,000 50,000

8. LEASING AGREEMENTS
At the year end the company had leasing agreements of £41,638 ( 2022 £nil) due for payment within five years.

9. OTHER FINANCIAL COMMITMENTS

At 31 December 2023 the company had financial commitments relation to operating leases totalling £167,500 (2022 £nil) due within the next five years.

INTEGRITY LIGHTING SOLUTIONS LTD (REGISTERED NUMBER: 11913322)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


10. RELATED PARTY DISCLOSURES

Included in other creditors is a directors loan £177 (2022 £2,188). No interest is charged and the loan is repayable on demand.

During the year the company made sales of £57,659 (2022 £52,669) and purchases of £61,559 (2022 £30,715) to a shareholder company. At the year end £68,878 (2022 £87,563) was owed to the related company. £50,000 of this balance is included in creditors due after one year and the related company has confirmed they will not recall this within 12 months of the date of signing the accounts.