Company Registration No. 07924176 (England and Wales)
Lighthouse CPS Ltd
Unaudited accounts
for the year ended 31 March 2024
Lighthouse CPS Ltd
Unaudited accounts
Contents
Lighthouse CPS Ltd
Company Information
for the year ended 31 March 2024
Directors
James Andrew Brown
Lucy Victoria Brown
Company Number
07924176 (England and Wales)
Registered Office
41 Goodwood Grove
York
YO24 1ER
England
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Lighthouse CPS Ltd
Accountants' report
Accountants' report to the board of directors of Lighthouse CPS Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Lighthouse CPS Ltd for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Lighthouse CPS Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Lighthouse CPS Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lighthouse CPS Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lighthouse CPS Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lighthouse CPS Ltd. You consider that Lighthouse CPS Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lighthouse CPS Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
25 July 2024
Lighthouse CPS Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
1,914
4,222
Cash at bank and in hand
13,531
14,842
Creditors: amounts falling due within one year
(103,773)
(118,765)
Net current liabilities
(90,242)
(103,923)
Total assets less current liabilities
(88,328)
(99,701)
Creditors: amounts falling due after more than one year
-
(2,573)
Net liabilities
(88,328)
(102,274)
Called up share capital
100
100
Profit and loss account
(88,428)
(102,374)
Shareholders' funds
(88,328)
(102,274)
For the year ending 31 March 2024 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 2 August 2024 and were signed on its behalf by
James Andrew Brown
Director
Company Registration No. 07924176
Lighthouse CPS Ltd
Notes to the Accounts
for the year ended 31 March 2024
Lighthouse CPS Ltd is a private company, limited by shares, registered in England and Wales, registration number 07924176. The registered office is 41 Goodwood Grove, York, YO24 1ER, England.
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.
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:
Motor vehicles
20% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
10,805
1,584
12,389
At 31 March 2024
10,805
1,584
12,389
At 1 April 2023
6,933
1,234
8,167
Charge for the year
2,161
147
2,308
At 31 March 2024
9,094
1,381
10,475
At 31 March 2024
1,711
203
1,914
At 31 March 2023
3,872
350
4,222
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
103,773
118,765
Lighthouse CPS Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
In December 2020, the company received a Bounce Back Loan of £3,412, which is a 100% UK Government backed loan.
Under the terms of the loan, the fees and interest incurred in the first 12 months are settled on behalf of the company by the UK Government.
After the first 12 months, an interest rate of 2.5% is applicable.
The initial length of the loan is for six years, with an option to extend to ten years under the Bounce Back Loan Scheme.
The loan was fully repaid in the year.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).