Company Registration No. 03175847 (England and Wales)
LED Controls Limited
Unaudited accounts
for the year ended 31 December 2023
LED Controls Limited
Unaudited accounts
Contents
LED Controls Limited
Company Information
for the year ended 31 December 2023
Directors
David Allen
Margaret Allen
Richard Allen
Company Number
03175847 (England and Wales)
Registered Office
Unit 2 Boran Court
Hapton
Burnley
Lancashire
BB11 5TH
Accountants
JJL Accountants Limited
97 Ribchester Road
Clayton le Dale
Blackburn
Lancashire
BB1 9HT
LED Controls Limited
Statement of financial position
as at 31 December 2023
Tangible assets
36,906
27,224
Inventories
847,087
777,870
Debtors
1,459,301
1,532,144
Cash at bank and in hand
565,100
415,689
Creditors: amounts falling due within one year
(1,206,627)
(1,264,874)
Net current assets
1,664,861
1,460,829
Net assets
1,701,767
1,488,053
Called up share capital
100
100
Capital redemption reserve
75
75
Profit and loss account
1,701,592
1,487,878
Shareholders' funds
1,701,767
1,488,053
For the year ending 31 December 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 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 21 August 2024 and were signed on its behalf by
Richard Allen
Director
Company Registration No. 03175847
LED Controls Limited
Notes to the Accounts
for the year ended 31 December 2023
LED Controls Limited is a private company, limited by shares, registered in England and Wales, registration number 03175847. The registered office is Unit 2 Boran Court, Hapton, Burnley, Lancashire, BB11 5TH.
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
25% on reducing balance
Fixtures & fittings
20% on cost
Computer equipment
20% on cost
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 January 2023
1,458
45,700
37,942
30,722
115,822
Additions
14,056
-
-
5,255
19,311
At 31 December 2023
15,514
45,700
37,942
35,977
135,133
At 1 January 2023
219
23,963
37,652
26,764
88,598
Charge for the year
2,294
5,434
58
1,843
9,629
At 31 December 2023
2,513
29,397
37,710
28,607
98,227
At 31 December 2023
13,001
16,303
232
7,370
36,906
At 31 December 2022
1,239
21,737
290
3,958
27,224
LED Controls Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
1,107,593
1,180,431
Amounts due from group undertakings etc.
344,816
344,816
Accrued income and prepayments
6,892
6,897
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
878,920
1,020,068
Taxes and social security
169,932
121,787
7
Average number of employees
During the year the average number of employees was 19 (2022: 19).