Company Registration No. 08656697 (England and Wales)
Light Systems (UK) Ltd
Unaudited accounts
for the year ended 30 November 2023
Light Systems (UK) Ltd
Unaudited accounts
Contents
Light Systems (UK) Ltd
Company Information
for the year ended 30 November 2023
Company Number
08656697 (England and Wales)
Registered Office
12 Grenville Road
Cardiff
CF23 5BP
Light Systems (UK) Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
12,800
13,731
Cash at bank and in hand
32,774
22,876
Creditors: amounts falling due within one year
(14,997)
(14,791)
Net current assets
28,281
18,002
Called up share capital
100
100
Profit and loss account
40,981
31,633
Shareholders' funds
41,081
31,733
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 27 August 2024 and were signed on its behalf by
Daniel Aberdeen
Director
Company Registration No. 08656697
Light Systems (UK) Ltd
Notes to the Accounts
for the year ended 30 November 2023
Light Systems (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08656697. The registered office is 12 Grenville Road, Cardiff, CF23 5BP.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
3,601
3,789
821
26,035
34,246
Additions
1,004
2,332
-
-
3,336
At 30 November 2023
4,605
6,121
821
26,035
37,582
At 1 December 2022
2,461
2,981
562
14,511
20,515
Charge for the year
536
785
65
2,881
4,267
At 30 November 2023
2,997
3,766
627
17,392
24,782
At 30 November 2023
1,608
2,355
194
8,643
12,800
At 30 November 2022
1,140
808
259
11,524
13,731
Light Systems (UK) Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Accrued income and prepayments
1,518
1,468
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,500
9,951
Taxes and social security
634
-
Loans from directors
2,065
1,106
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).