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REGISTERED NUMBER: 13847333 (England and Wales)










Lighting & Control Services Limited

Unaudited Financial Statements

for the Period 1 February 2023 to 30 January 2024






Lighting & Control Services Limited (Registered number: 13847333)






Contents of the Financial Statements
for the Period 1 February 2023 to 30 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lighting & Control Services Limited

Company Information
for the Period 1 February 2023 to 30 January 2024







DIRECTOR: Mr M R Palmer





REGISTERED OFFICE: 29-31 Sackville Street
Manchester
England
M1 3LZ





REGISTERED NUMBER: 13847333 (England and Wales)






Lighting & Control Services Limited (Registered number: 13847333)

Balance Sheet
30 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 371 241

CURRENT ASSETS
Debtors 6 17,626 4,811
Cash at bank 732 3,127
18,358 7,938
CREDITORS
Amounts falling due within one year 7 (26,475 ) (18,740 )
NET CURRENT LIABILITIES (8,117 ) (10,802 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,746

)

(10,561

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (7,846 ) (10,661 )
SHAREHOLDERS' FUNDS (7,746 ) (10,561 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Lighting & Control Services Limited (Registered number: 13847333)

Balance Sheet - continued
30 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2024 and were signed by:





Mr M R Palmer - Director


Lighting & Control Services Limited (Registered number: 13847333)

Notes to the Financial Statements
for the Period 1 February 2023 to 30 January 2024

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
29-31 Sackville Street
Manchester
England
M1 3LZ

2. 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.

3. ACCOUNTING POLICIES

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.

GOING CONCERN
The company's liabilities exceeded its assets as at the year end. These financial statements have been prepared on a going concern basis and the company will continue to be supported by the director.

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.

REVENUE RECOGNITION
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, 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 specific criteria have been met for each of the company's activities.

TAX
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

TANGIBLE ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.


Lighting & Control Services Limited (Registered number: 13847333)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 30 January 2024
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
Plant and Machinery 20% on WDV

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

DIVIDEND
The Company has declared dividend in excess of available reserves.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

Lighting & Control Services Limited (Registered number: 13847333)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 30 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 February 2023 273
Additions 214
At 30 January 2024 487
DEPRECIATION
At 1 February 2023 32
Charge for period 84
At 30 January 2024 116
NET BOOK VALUE
At 30 January 2024 371
At 31 January 2023 241

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,848 597
Other debtors 7,778 4,214
17,626 4,811

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 19,878 14,043
Taxation and social security 3,718 2,445
Other creditors 2,879 2,252
26,475 18,740

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 100 100

9. DIVIDENDS

2024 2023
£ £
Final dividend of £1,000.00 (2023 - £970.00) each Ordinary Share 10,000 9,700

Lighting & Control Services Limited (Registered number: 13847333)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 30 January 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr M R Palmer
Balance outstanding at start of period 1,687 -
Amounts advanced 6,091 (43 )
Amounts repaid - 1,730
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 7,778 1,687