2023-06-012024-05-312024-05-31false13389528Candle Bright Company Limited2024-10-07iso4217:GBPxbrli:pure133895282023-06-01133895282024-05-31133895282023-06-012024-05-31133895282022-06-01133895282023-05-31133895282022-06-012023-05-3113389528bus:SmallEntities2023-06-012024-05-3113389528bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3113389528bus:FullAccounts2023-06-012024-05-3113389528bus:PrivateLimitedCompanyLtd2023-06-012024-05-3113389528core:WithinOneYear2024-05-3113389528core:AfterOneYear2024-05-3113389528core:WithinOneYear2023-05-3113389528core:AfterOneYear2023-05-3113389528core:ShareCapital2024-05-3113389528core:SharePremium2024-05-3113389528core:RevaluationReserve2024-05-3113389528core:OtherReservesSubtotal2024-05-3113389528core:RetainedEarningsAccumulatedLosses2024-05-3113389528core:ShareCapital2023-05-3113389528core:SharePremium2023-05-3113389528core:RevaluationReserve2023-05-3113389528core:OtherReservesSubtotal2023-05-3113389528core:RetainedEarningsAccumulatedLosses2023-05-3113389528core:LandBuildings2024-05-3113389528core:PlantMachinery2024-05-3113389528core:Vehicles2024-05-3113389528core:FurnitureFittings2024-05-3113389528core:OfficeEquipment2024-05-3113389528core:NetGoodwill2024-05-3113389528core:IntangibleAssetsOtherThanGoodwill2024-05-3113389528core:ListedExchangeTraded2024-05-3113389528core:UnlistedNon-exchangeTraded2024-05-3113389528core:LandBuildings2023-05-3113389528core:PlantMachinery2023-05-3113389528core:Vehicles2023-05-3113389528core:FurnitureFittings2023-05-3113389528core:OfficeEquipment2023-05-3113389528core:NetGoodwill2023-05-3113389528core:IntangibleAssetsOtherThanGoodwill2023-05-3113389528core:ListedExchangeTraded2023-05-3113389528core:UnlistedNon-exchangeTraded2023-05-3113389528core:LandBuildings2023-06-012024-05-3113389528core:PlantMachinery2023-06-012024-05-3113389528core:Vehicles2023-06-012024-05-3113389528core:FurnitureFittings2023-06-012024-05-3113389528core:OfficeEquipment2023-06-012024-05-3113389528core:NetGoodwill2023-06-012024-05-3113389528core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113389528core:ListedExchangeTraded2023-06-012024-05-3113389528core:UnlistedNon-exchangeTraded2023-06-012024-05-3113389528core:MoreThanFiveYears2023-06-012024-05-3113389528core:Non-currentFinancialInstruments2024-05-3113389528core:Non-currentFinancialInstruments2023-05-3113389528dpl:CostSales2023-06-012024-05-3113389528dpl:DistributionCosts2023-06-012024-05-3113389528core:LandBuildings2023-06-012024-05-3113389528core:PlantMachinery2023-06-012024-05-3113389528core:Vehicles2023-06-012024-05-3113389528core:FurnitureFittings2023-06-012024-05-3113389528core:OfficeEquipment2023-06-012024-05-3113389528dpl:AdministrativeExpenses2023-06-012024-05-3113389528core:NetGoodwill2023-06-012024-05-3113389528core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3113389528dpl:GroupUndertakings2023-06-012024-05-3113389528dpl:ParticipatingInterests2023-06-012024-05-3113389528dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3113389528core:ListedExchangeTraded2023-06-012024-05-3113389528dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3113389528core:UnlistedNon-exchangeTraded2023-06-012024-05-3113389528dpl:CostSales2022-06-012023-05-3113389528dpl:DistributionCosts2022-06-012023-05-3113389528core:LandBuildings2022-06-012023-05-3113389528core:PlantMachinery2022-06-012023-05-3113389528core:Vehicles2022-06-012023-05-3113389528core:FurnitureFittings2022-06-012023-05-3113389528core:OfficeEquipment2022-06-012023-05-3113389528dpl:AdministrativeExpenses2022-06-012023-05-3113389528core:NetGoodwill2022-06-012023-05-3113389528core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3113389528dpl:GroupUndertakings2022-06-012023-05-3113389528dpl:ParticipatingInterests2022-06-012023-05-3113389528dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3113389528core:ListedExchangeTraded2022-06-012023-05-3113389528dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3113389528core:UnlistedNon-exchangeTraded2022-06-012023-05-3113389528core:NetGoodwill2024-05-3113389528core:IntangibleAssetsOtherThanGoodwill2024-05-3113389528core:LandBuildings2024-05-3113389528core:PlantMachinery2024-05-3113389528core:Vehicles2024-05-3113389528core:FurnitureFittings2024-05-3113389528core:OfficeEquipment2024-05-3113389528core:AfterOneYear2024-05-3113389528core:WithinOneYear2024-05-3113389528core:ListedExchangeTraded2024-05-3113389528core:UnlistedNon-exchangeTraded2024-05-3113389528core:ShareCapital2024-05-3113389528core:SharePremium2024-05-3113389528core:RevaluationReserve2024-05-3113389528core:OtherReservesSubtotal2024-05-3113389528core:RetainedEarningsAccumulatedLosses2024-05-3113389528core:NetGoodwill2023-05-3113389528core:IntangibleAssetsOtherThanGoodwill2023-05-3113389528core:LandBuildings2023-05-3113389528core:PlantMachinery2023-05-3113389528core:Vehicles2023-05-3113389528core:FurnitureFittings2023-05-3113389528core:OfficeEquipment2023-05-3113389528core:AfterOneYear2023-05-3113389528core:WithinOneYear2023-05-3113389528core:ListedExch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Candle Bright Company Limited

Registered Number
13389528
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

Candle Bright Company Limited
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

G Atkinson
S Moor

Registered Address

28 Mill Lane
Kirk Ella
Hull
HU10 7QY

Registered Number

13389528 (England and Wales)
Candle Bright Company Limited
Statement of Financial Position
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,516306
1,516306
Current assets
Stocks42,4022,650
Debtors51,224-
Cash at bank and on hand5811,628
4,2074,278
Creditors amounts falling due within one year6(3,795)(4,310)
Net current assets (liabilities)412(32)
Total assets less current liabilities1,928274
Creditors amounts falling due after one year7(1,500)-
Provisions for liabilities8(288)-
Net assets140274
Capital and reserves
Called up share capital100100
Profit and loss account40174
Shareholders' funds140274
The financial statements were approved and authorised for issue by the Board of Directors on 7 October 2024, and are signed on its behalf by:
G Atkinson
Director
S Moor
Director

Registered Company No. 13389528
Candle Bright Company Limited
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees
The company has no paid employees in the current or previous year.

20242023
Average number of employees during the year00
3.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 June 23346346
Additions1,3251,325
At 31 May 241,6711,671
Depreciation and impairment
At 01 June 234040
Charge for year115115
At 31 May 24155155
Net book value
At 31 May 241,5161,516
At 31 May 23306306
4.Stocks

2024

2023

££
Finished goods2,4022,650
Total2,4022,650
5.Debtors: amounts due within one year

2024

2023

££
Other debtors1,224-
Total1,224-
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties3,0193,284
Taxation and social security127432
Accrued liabilities and deferred income649594
Total3,7954,310
Short term creditors are measured at transaction price (which is usually the invoice price).
7.Creditors: amounts due after one year

2024

2023

££
Other creditors1,500-
Total1,500-
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)288-
Total288-