REGISTERED NUMBER: |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD (REGISTERED NUMBER: 14866260) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD |
COMPANY INFORMATION |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: | Eastern Avenue |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants and Registered Auditors |
6-7 Citibase |
New Barclay House |
234 Botley Road |
Oxford |
OX2 0HP |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD (REGISTERED NUMBER: 14866260) |
BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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 |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD (REGISTERED NUMBER: 14866260) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Lighthouse Worldwide Solutions UK Ltd is a |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
SIGNIFICANT JUDGEMENTS AND ESTIMATES |
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
There are no judgements that are deemed to have had a significant effect on amounts recognised in the financial statements. |
TURNOVER |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
TANGIBLE FIXED ASSETS |
20% straight line basis for plant and machinery, and equipment. |
TAXATION |
Taxation for the period 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. |
DEFERRED TAX |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
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. |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD (REGISTERED NUMBER: 14866260) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
2. | ACCOUNTING POLICIES - continued |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
7. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
£ |
Within one year |
Between one and five years |
LIGHTHOUSE WORLDWIDE SOLUTIONS UK LTD (REGISTERED NUMBER: 14866260) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 12 MAY 2023 TO 31 MARCH 2024 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 31 March 2024: |
£ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
10. | ULTIMATE CONTROLLING PARTY |
The Ultimate Controlling Party is Lighthouse Worldwide Solutions which is a company registered in the USA at 300 West Antelope Road, White City, OR, 97503. |
11. | GOING CONCERN AND SUPPORT FROM PARENT COMPANY |
The financial statements have been prepared on a going concern basis, this is dependent upon the continued support of the parent company Lighthouse Worldwide Solutions. If this support was to cease adjustments would be required in order to show recoverable amounts and provide for any further liabilities which may arise. |