Registration number:
Illuminated Sites Limited
for the Year Ended 31 December 2023
Illuminated Sites Limited
Contents
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
Illuminated Sites Limited
(Registration number: 00878803)
Balance Sheet as at 31 December 2023
Note |
2023 |
2022 |
|
Fixed assets |
|||
Tangible assets |
|
|
|
Current assets |
|||
Debtors |
|
|
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
25,000 |
|
Profit and loss account |
|
1,177 |
|
Total equity |
|
26,177 |
For the financial 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.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
......................................... |
Illuminated Sites Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Freehold Land and Buildings |
Depreciation has not been provided on the basis that the residual value of the freehold buildings is less than the value of the land which is not subject to depreciation. |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Illuminated Sites Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023
Tangible assets |
Land and buildings |
Total |
|
Cost or valuation |
||
At 1 January 2023 |
|
|
At 31 December 2023 |
|
|
Depreciation |
||
Carrying amount |
||
At 31 December 2023 |
|
|
At 31 December 2022 |
|
|
Included within the net book value of buildings above is £22,009 (2022 - £22,009) in respect of freehold buildings and a value of £3192 relating to freehold land which is not depreciated .
Debtors |
Current |
Note |
2023 |
2022 |
Amounts owed by related parties |
|
|
|
|
|
Related party transactions |
Butterfield Signs Ltd
There were no disclosable transaction in the year. At the balance sheet date the amount due from Butterfield Signs Limited was £4,168 (2022 - £4,168).
The company has entered into a guarantee, limited to £600,000, in respect of the parent company Butterfield Signs Limited’s liabilities to its banker.