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REGISTERED NUMBER: 10488958 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

BRIGHT NIGHTS ELECTRICAL LIMITED

BRIGHT NIGHTS ELECTRICAL LIMITED (REGISTERED NUMBER: 10488958)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIGHT NIGHTS ELECTRICAL LIMITED

COMPANY INFORMATION
for the Year Ended 30th November 2023







DIRECTOR: R Cowan





REGISTERED OFFICE: 15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB





REGISTERED NUMBER: 10488958 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

BRIGHT NIGHTS ELECTRICAL LIMITED (REGISTERED NUMBER: 10488958)

BALANCE SHEET
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,424 4,093

CURRENT ASSETS
Stocks 500 500
Debtors 5 2,152 1,691
Cash at bank 3,705 13,381
6,357 15,572
CREDITORS
Amounts falling due within one year 6 3,047 10,279
NET CURRENT ASSETS 3,310 5,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,734

9,386

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 6,714 9,366
SHAREHOLDERS' FUNDS 6,734 9,386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th August 2024 and were signed by:



R Cowan - Director


BRIGHT NIGHTS ELECTRICAL LIMITED (REGISTERED NUMBER: 10488958)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Bright Nights Electrical 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

BRIGHT NIGHTS ELECTRICAL LIMITED (REGISTERED NUMBER: 10488958)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1st December 2022 1,191 16,695 17,886
Additions 447 - 447
At 30th November 2023 1,638 16,695 18,333
DEPRECIATION
At 1st December 2022 979 12,814 13,793
Charge for year 146 970 1,116
At 30th November 2023 1,125 13,784 14,909
NET BOOK VALUE
At 30th November 2023 513 2,911 3,424
At 30th November 2022 212 3,881 4,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 763 342
Other debtors 1,389 1,349
2,152 1,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - 1,255
Taxation and social security 1,877 7,054
Other creditors 1,170 1,970
3,047 10,279

7. ULTIMATE CONTROLLING PARTY

The controlling party is R Cowan.