2023-07-01 02830426 2024-06-30 02830426 2023-07-01 2024-06-30 02830426 2023-06-30 02830426 2022-07-01 2023-06-30 02830426 uk-core:WithinOneYear 2023-06-30 02830426 uk-core:WithinOneYear 2024-06-30 02830426 uk-core:ShareCapital 2024-06-30 02830426 uk-core:ShareCapital 2023-06-30 02830426 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 02830426 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 02830426 uk-bus:Director1 2023-07-01 2024-06-30 02830426 uk-core:LandBuildings 2023-07-01 2024-06-30 02830426 uk-core:PlantMachinery 2023-07-01 2024-06-30 02830426 uk-core:MotorVehicles 2023-07-01 2024-06-30 02830426 uk-core:FurnitureFittings 2023-07-01 2024-06-30 02830426 uk-core:FurnitureFittings 2023-06-30 02830426 uk-core:MotorVehicles 2023-06-30 02830426 uk-core:PlantMachinery 2023-06-30 02830426 uk-core:LandBuildings 2023-06-30 02830426 uk-core:PlantMachinery 2024-06-30 02830426 uk-core:MotorVehicles 2024-06-30 02830426 uk-core:FurnitureFittings 2024-06-30 02830426 uk-core:LandBuildings 2024-06-30 iso4217:GBP xbrli:pure 02830426 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 02830426 uk-bus:FRS102 2023-07-01 2024-06-30 02830426 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 02830426 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Southern Lightning Engineers Limited
Registered Number:02830426
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Southern Lightning Engineers Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
02830426
As at 30 June 2024
Southern Lightning Engineers Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
936,515
922,066
2
936,515
922,066
Current assets
Inventories
22,914
27,800
3
Trade and other receivables
664,289
374,623
4
580,935
Cash and cash equivalents
1,198,434
1,600,857
1,268,138
Trade and other payables: amounts falling due within one
year
(259,718)
(419,513)
5
1,008,420
1,181,344
Net current assets
Total assets less current liabilities
2,117,859
1,930,486
(39,139)
(32,541)
Provisions for liabilities
2,078,720
Net assets
1,897,945
Capital and reserves
Called up share capital
2
2
Retained earnings
2,078,718
1,897,943
2,078,720
1,897,945
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ian Edward Barker Director
These financial statements were approved and authorised for issue by the Board on 31 July 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Southern Lightning Engineers Limited
Notes to the Financial Statements
Statutory Information
Southern Lightning Engineers Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02830426.
Registered address:
The Old Garage 22 West Street
Harrietsham
Maidstone
Kent
ME17 1HX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable relating to lightning engineering and pest control.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
12.5% Straight line
Plant and Machinery
20% Reducing balance
25% Reducing balance
Motor Vehicles
20% Reducing balance
Fixtures, Fittings & Equipment
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 30 June 2024
Southern Lightning Engineers Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures,
Fittings &
Equipment
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 July 2023
1,426,176
83,287
347,056
53,997
941,836
155,549
-
155,549
-
-
Additions
-
(115,958)
-
-
Disposals
(115,958)
At 30 June 2024
53,997
386,647
83,287
1,465,767
941,836
Provision for depreciation and impairment
At 01 July 2023
504,110
77,445
156,843
51,178
218,644
Charge for year
102,955
1,168
59,407
564
41,816
(77,813)
-
(77,813)
-
-
On disposal
At 30 June 2024
529,252
78,613
138,437
51,742
260,460
At 30 June 2024
Net book value
681,376
2,255
248,210
4,674
936,515
At 30 June 2023
723,192
2,819
190,213
5,842
922,066
3. Inventories
2023
2024
£
£
Stocks
27,800
22,914
4. Trade and other receivables
2023
2024
£
£
Trade debtors
318,798
609,269
Other debtors
55,825
55,020
664,289
374,623
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6
For the year ended 30 June 2024
Southern Lightning Engineers Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
114,029
138,764
Taxation and social security
158,942
82,929
Other creditors
146,542
38,025
419,513
259,718
6. Average number of persons employed
During the year the average number of employees was 22 (2023 : 23)
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