IRIS Accounts Production v24.2.0.383 09922117 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099221172022-12-31099221172023-12-31099221172023-01-012023-12-31099221172021-12-31099221172022-01-012022-12-31099221172022-12-3109922117ns14:PoundSterling2023-01-012023-12-3109922117ns10:Director12023-01-012023-12-3109922117ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109922117ns10:SmallEntities2023-01-012023-12-3109922117ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3109922117ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109922117ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109922117ns10:FullAccounts2023-01-012023-12-310992211712023-01-012023-12-3109922117ns5:CurrentFinancialInstruments2023-12-3109922117ns5:CurrentFinancialInstruments2022-12-3109922117ns5:Non-currentFinancialInstruments2023-12-3109922117ns5:Non-currentFinancialInstruments2022-12-3109922117ns5:ShareCapital2023-12-3109922117ns5:ShareCapital2022-12-3109922117ns5:RetainedEarningsAccumulatedLosses2023-12-3109922117ns5:RetainedEarningsAccumulatedLosses2022-12-3109922117ns10:RegisteredOffice2023-01-012023-12-3109922117ns5:NetGoodwill2023-01-012023-12-3109922117ns5:PlantMachinery2023-01-012023-12-3109922117ns5:NetGoodwill2022-12-3109922117ns5:NetGoodwill2023-12-3109922117ns5:NetGoodwill2022-12-3109922117ns5:PlantMachinery2022-12-3109922117ns5:PlantMachinery2023-12-3109922117ns5:PlantMachinery2022-12-3109922117ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3109922117ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 09922117















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Lockyer Lighting Limited

Lockyer Lighting Limited (Registered number: 09922117)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3

Report of the Accountants 7

Lockyer Lighting Limited (Registered number: 09922117)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 10,000 15,000
Tangible assets 6 15,837 22,387
25,837 37,387

CURRENT ASSETS
Stocks 49,513 39,165
Debtors 7 22,834 18,341
Cash at bank and in hand 36,792 97,440
109,139 154,946
CREDITORS
Amounts falling due within one year 8 94,417 103,525
NET CURRENT ASSETS 14,722 51,421
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,559

88,808

CREDITORS
Amounts falling due after more than one
year

9

(24,848

)

(30,902

)

PROVISIONS FOR LIABILITIES (2,781 ) (4,011 )
NET ASSETS 12,930 53,895

Lockyer Lighting Limited (Registered number: 09922117)

Balance Sheet - continued
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 12,928 53,893
SHAREHOLDERS' FUNDS 12,930 53,895

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





Mr M Lockyer - Director


Lockyer Lighting Limited (Registered number: 09922117)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Lockyer Lighting Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number: 09922117

Registered office: 28 Woodside Road
Sundridge
Sevenoaks
Kent
TN14 6DW

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of goods is recognised at the point at which the goods have been delivered to the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Lockyer Lighting Limited (Registered number: 09922117)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued

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 Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 50,000
AMORTISATION
At 1 January 2023 35,000
Charge for year 5,000
At 31 December 2023 40,000
NET BOOK VALUE
At 31 December 2023 10,000
At 31 December 2022 15,000

Lockyer Lighting Limited (Registered number: 09922117)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 37,967
Additions 1,747
At 31 December 2023 39,714
DEPRECIATION
At 1 January 2023 15,580
Charge for year 8,297
At 31 December 2023 23,877
NET BOOK VALUE
At 31 December 2023 15,837
At 31 December 2022 22,387

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 200 -
Other debtors 22,634 18,341
22,834 18,341

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 2,057 2,057
Trade creditors 30,699 34,853
Taxation and social security 11,708 19,372
Other creditors 49,953 47,243
94,417 103,525

Lockyer Lighting Limited (Registered number: 09922117)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 9,513 11,569
Other creditors 15,335 19,333
24,848 30,902

10. RELATED PARTY DISCLOSURES

An amount of £41,953 (2021 £39,241) was due to M Lockyer, a director of the company at the year end. This loan is interest-free and repayable on demand.

Lockyer Lighting Limited

Report of the Accountants to the Directors of
Lockyer Lighting Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Amherst Accountancy
Room 2
1st Floor
7 Bligh's Walk
Sevenoaks
Kent
TN13 1DB


Date: .............................................