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REGISTERED NUMBER: 14866260 (England and Wales)















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: M Kite
P Newman
S H Salton





REGISTERED OFFICE: 140 Eastern Avenue
Milton
Abingdon
OX14 4SB





REGISTERED NUMBER: 14866260 (England and Wales)





AUDITORS: Mercer Lewin Ltd
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 6,965

CURRENT ASSETS
Debtors 5 156,685
Cash at bank 40,529
197,214
CREDITORS
Amounts falling due within one year 6 257,582
NET CURRENT LIABILITIES (60,368 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(53,403

)

CAPITAL AND RESERVES
Called up share capital 1,000
Retained earnings (54,403 )
(53,403 )

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 24 September 2024 and were signed on its behalf by:





P Newman - Director


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 private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 8,316
At 31 March 2024 8,316
DEPRECIATION
Charge for period 1,351
At 31 March 2024 1,351
NET BOOK VALUE
At 31 March 2024 6,965

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 139,851
Other debtors 16,834
156,685

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1,561
Amounts owed to group undertakings 215,627
Taxation and social security 15,138
Other creditors 25,256
257,582

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 39,696
Between one and five years 9,924
49,620

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.

Jon Swayne FCA (Senior Statutory Auditor)
for and on behalf of Mercer Lewin Ltd

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024:

£   
M Kite
Balance outstanding at start of period -
Amounts advanced 7,382
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 7,382

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.