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Company Registration No. 08517797 (England and Wales)
Lightwoods Solutions Limited Unaudited accounts for the year ended 31 May 2024
Lightwoods Solutions Limited Unaudited accounts Contents
Page
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Lightwoods Solutions Limited Company Information for the year ended 31 May 2024
Directors
Stephen David Tucker Stephen David Tucker
Company Number
08517797 (England and Wales)
Registered Office
113 Milcote Road Smethwick B67 5BG
Accountants
Barbara Krzyczmonik 45 Matheson Road Southampton - SO16 8GS
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Lightwoods Solutions Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,656 
- 
Current assets
Cash at bank and in hand
42,840 
20,232 
Creditors: amounts falling due within one year
(34,121)
(20,085)
Net current assets
8,719 
147 
Net assets
10,375 
147 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
10,373 
145 
Shareholders' funds
10,375 
147 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2024 and were signed on its behalf by
Stephen David Tucker Director Company Registration No. 08517797
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Lightwoods Solutions Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Lightwoods Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08517797. The registered office is 113 Milcote Road, Smethwick, B67 5BG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
- 
Additions
1,860 
At 31 May 2024
1,860 
Depreciation
Charge for the year
204 
At 31 May 2024
204 
Net book value
At 31 May 2024
1,656 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
11,509 
6,654 
Loans from directors
20,247 
13,431 
Accruals
2,365 
- 
34,121 
20,085 
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Lightwoods Solutions Limited Notes to the Accounts for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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