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REGISTERED NUMBER: 09374813 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LIGHTBULB AGENCY LIMITED

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LIGHTBULB AGENCY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs S Edmundson
M B Edmundson





REGISTERED OFFICE: 3B Phoenix Park
Goodlass Road
Liverpool
L24 9HL





REGISTERED NUMBER: 09374813 (England and Wales)





ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 164 2,048

CURRENT ASSETS
Debtors 5 20,315 22,474
Cash at bank 11,545 2,583
31,860 25,057
CREDITORS
Amounts falling due within one year 6 5,020 10,654
NET CURRENT ASSETS 26,840 14,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,004

16,451

PROVISIONS FOR LIABILITIES 41 512
NET ASSETS 26,963 15,939

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 26,863 15,839
SHAREHOLDERS' FUNDS 26,963 15,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

BALANCE SHEET - continued
31 MARCH 2024


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 1 August 2024 and were signed on its behalf by:





M B Edmundson - Director


LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Lightbulb Agency Limited 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.
Computer equipment - 25% on cost

Tangible fixed assets are initially recognised at cost.

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.

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 27,124
DEPRECIATION
At 1 April 2023 25,076
Charge for year 1,884
At 31 March 2024 26,960
NET BOOK VALUE
At 31 March 2024 164
At 31 March 2023 2,048

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,517 2,283
Other debtors 18,798 20,191
20,315 22,474

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 353 -
Taxation and social security 2,917 2,322
Other creditors 1,750 8,332
5,020 10,654

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 14,000 21,000
Between one and five years - 14,000
14,000 35,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
45 Ordinary 'A' 1 45 45
45 Ordinary 'B' 1 45 45
10 Ordinary 'C' 1 10 10
100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 15,839
Profit for the year 11,024
At 31 March 2024 26,863

LIGHTBULB AGENCY LIMITED (REGISTERED NUMBER: 09374813)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
M B Edmundson and Mrs S Edmundson
Balance outstanding at start of year (20 ) (20 )
Amounts advanced 1,297 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,277 (20 )

11. RELATED PARTY DISCLOSURES

During the year, the company made sales and recharged expenses totalling £40,996 (2023: £33,203) to Aurion Digital Limited, a company related by common directors and shareholders. The balance due from Aurion Digital Limited at the year end was £12,000 (2023: creditor of £5,062).

12. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by the directors.