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REGISTERED NUMBER: 09593038 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2024

FOR

INTEGRATEDLIGHT LTD

INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTEGRATEDLIGHT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: C Beasley





REGISTERED OFFICE: Claytons Studio
Station Road
Stonegate
Wadhurst
East Sussex
TN5 7EN





REGISTERED NUMBER: 09593038 (England and Wales)





ACCOUNTANTS: Honey Barrett Limited
Chartered Accountants
Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP

INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,213 6,625

CURRENT ASSETS
Debtors 6 17,624 1,500
Cash at bank 35,763 106,212
53,387 107,712
CREDITORS
Amounts falling due within one year 7 11,600 22,525
NET CURRENT ASSETS 41,787 85,187
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,000

91,812

PROVISIONS FOR LIABILITIES 8 803 1,656
NET ASSETS 44,197 90,156

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 44,097 90,056
SHAREHOLDERS' FUNDS 44,197 90,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

BALANCE SHEET - continued
31 MAY 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





C Beasley - Director


INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Integratedlight 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Equipment - 33% on cost

All assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


3. ACCOUNTING POLICIES - continued
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 year 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investment income
Investment income is shown in the profit and loss account in the period to which it relates.

Grants received
The entity has adopted the use of the accruals model in respect of grants received.

Any grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in ‘Other income’, in the period to which it relates.

4. EMPLOYEES AND DIRECTORS

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

INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Equipment Totals
£    £    £    £    £   
COST
At 1 June 2023
and 31 May 2024 17,078 5,416 19,683 9,691 51,868
DEPRECIATION
At 1 June 2023 17,078 4,062 14,675 9,428 45,243
Charge for year - 1,354 1,845 213 3,412
At 31 May 2024 17,078 5,416 16,520 9,641 48,655
NET BOOK VALUE
At 31 May 2024 - - 3,163 50 3,213
At 31 May 2023 - 1,354 5,008 263 6,625

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,624 -
Other debtors - 1,500
17,624 1,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 6,609 16,790
PAYE and social security 479 -
VAT 3,152 3,597
Other creditors - 750
Director's current account 2 113
Accruals and deferred income 1,358 1,275
11,600 22,525

INTEGRATEDLIGHT LTD (REGISTERED NUMBER: 09593038)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 803 1,656

Deferred
tax
£   
Balance at 1 June 2023 1,656
Credit to Profit and loss account during year (853 )
Balance at 31 May 2024 803

9. CALLED UP SHARE CAPITAL

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