Company Registration No. 6366322 (England and Wales)
Chimera Lighting Limited
Unaudited accounts
for the year ended 30 September 2023
Chimera Lighting Limited
Unaudited accounts
Contents
Chimera Lighting Limited
Company Information
for the year ended 30 September 2023
Directors
Mr Simon Maunder
Mr Benjamin Fox
Company Number
6366322 (England and Wales)
Registered Office
School Master's House
College Street
Petersfield
Hampshire
GU31 4AG
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
Chimera Lighting Limited
Statement of financial position
as at 30 September 2023
Tangible assets
34,190
38,297
Cash at bank and in hand
33,613
45,968
Creditors: amounts falling due within one year
(76,024)
(86,423)
Net current assets/(liabilities)
9,019
(6,925)
Total assets less current liabilities
91,548
83,540
Creditors: amounts falling due after more than one year
(22,836)
(32,645)
Provisions for liabilities
Deferred tax
(10,027)
(1,412)
Called up share capital
6
6
Profit and loss account
58,679
49,477
Shareholders' funds
58,685
49,483
For the year ending 30 September 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 1 May 2024 and were signed on its behalf by
Mr Simon Maunder
Director
Company Registration No. 6366322
Chimera Lighting Limited
Notes to the Accounts
for the year ended 30 September 2023
Chimera Lighting Limited is a private company, limited by shares, registered in England and Wales, registration number 6366322. The registered office is School Master's House, College Street, Petersfield, Hampshire, GU31 4AG.
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.
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:
Plant & machinery
20% reducing balance
Investments in listed shares are included at fair value.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Chimera Lighting Limited
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
144,707
At 30 September 2023
110,517
At 30 September 2023
34,190
At 30 September 2022
38,297
5
Investments
Other investments
Valuation at 1 October 2022
52,168
Fair value adjustments
5,918
Valuation at 30 September 2023
48,339
Amounts falling due within one year
Trade debtors
49,035
31,031
Accrued income and prepayments
2,395
2,499
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,788
10,788
Trade creditors
15,119
24,917
Taxes and social security
29,250
18,110
Other creditors
6,378
4,755
8
Creditors: amounts falling due after more than one year
2023
2022
Chimera Lighting Limited
Notes to the Accounts
for the year ended 30 September 2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
1 Ordinary A shares of £1 each
1
1
1 Ordinary B shares of £1 each
1
1
1 Ordinary C shares of £1 each
1
1
1 Ordinary D shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).