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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
Page
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LED Controls Limited Company Information for the year ended 31 December 2023
Directors
David Allen Margaret Allen Richard Allen
Secretary
Margaret 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
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LED Controls Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,906 
27,224 
Current assets
Inventories
847,087 
777,870 
Debtors
1,459,301 
1,532,144 
Cash at bank and in hand
565,100 
415,689 
2,871,488 
2,725,703 
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 
Capital and reserves
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
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LED Controls Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
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 
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LED Controls Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
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 
1,459,301 
1,532,144 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
93,899 
61,189 
Trade creditors
878,920 
1,020,068 
Taxes and social security
169,932 
121,787 
Accruals
63,876 
61,830 
1,206,627 
1,264,874 
7
Average number of employees
During the year the average number of employees was 19 (2022: 19).
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