07354503falsesales and distribution of LED lighting2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-07-31http://www.companieshouse.gov.uk/cd:Director12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director22022-08-012023-07-31http://www.companieshouse.gov.uk/cd:Director32022-08-012023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-08-012023-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-07-31http://www.companieshouse.gov.uk/2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:FRS1022022-08-012023-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07354503

Supernova LED Lighting Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Supernova LED Lighting Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
DIRECTORS
B S Panesar
N P James
A Lock
REGISTERED OFFICE
31-32 High Street
Wellingborough
Northants
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07354503
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Supernova LED Lighting Limited

ACCOUNTS
FOR THEYEARENDED31/07/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Supernova LED Lighting Limited

BALANCE SHEET AT 31/07/2023
20232022
Notes££
CURRENT ASSETS
Stock-4,000
Debtors31,3011,282
1,3015,282
CREDITORS: Amounts falling due within one year461,60359,097
NET CURRENT LIABILITIES(60,302)(53,815)
TOTAL ASSETS LESS CURRENT LIABILITIES(60,302)(53,815)
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account(60,402)(53,915)
SHAREHOLDERS' FUNDS(60,302)(53,815)
For the year ending 31/07/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18/03/2024 and signed on their behalf by
.............................
B S Panesar
Director

Supernova LED Lighting Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
The accounts have been prepared on a going concern basis, despite the fact that liabilities exceed assets. The directors have given an undertaking to support the company until it returns to a net assets position.
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. STOCK 20232022
££
Stock comprises:
Stock-4,000
-4,000
3. DEBTORS 20232022
££
Amounts falling due within one year
VAT1,2651,253
1,2651,253

Supernova LED Lighting Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Directors current account672644
Directors current account7,6696,079
Directors current account17,55216,989
Bank loans and overdrafts4,9964,836
Loans1,8551,855
Trade creditors138144
Other creditors28,20028,050
Accruals521500
61,60359,097
5. EMPLOYEES
20232022
No.No.
Average number of employees--
6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
7. CONTROLLING PARTY
There is no Ultimate Controlling Party.
8. RELATED PARTY TRANSACTIONS
The net balance of £22,205 (2022 - £22,055) was owed by Supernova LED Lighting Limited to Datatec IT Services Limited at 31st July 2023; this is included within other creditors. B Panesar is a sole Director and Shareholder of Datatec IT Services Limited.