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Company Registration No. 15237161 (England and Wales)
Lighten Sw1 Ltd Unaudited accounts for the period from 25 October 2023 to 30 April 2024
Lighten Sw1 Ltd Unaudited accounts Contents
Page
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Lighten Sw1 Ltd Company Information for the period from 25 October 2023 to 30 April 2024
Directors
Gillen Lighten Rasna Panesar
Company Number
15237161 (England and Wales)
Registered Office
49 Tower Cottages Weald Road South Weald Brentwood Essex CM14 5QJ England
Accountants
Jayray Financial Services Ltd 49 Tower Cottages, Weald Road South Weald Brentwood Essex CM14 5QJ
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Lighten Sw1 Ltd Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
6,745 
Investment property
210,000 
216,745 
Current assets
Cash at bank and in hand
827 
Creditors: amounts falling due within one year
(3,230)
Net current liabilities
(2,403)
Total assets less current liabilities
214,342 
Creditors: amounts falling due after more than one year
(132,628)
Net assets
81,714 
Capital and reserves
Called up share capital
2 
Fair value reserve
103,975 
Profit and loss account
(22,263)
Shareholders' funds
81,714 
For the period ending 30 April 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 9 October 2024 and were signed on its behalf by
Gillen Lighten Director Company Registration No. 15237161
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Lighten Sw1 Ltd Notes to the Accounts for the period from 25 October 2023 to 30 April 2024
1
Statutory information
Lighten Sw1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 15237161. The registered office is 49 Tower Cottages, Weald Road, South Weald, Brentwood, Essex, CM14 5QJ, England.
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 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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
The Company is of going concern as the directors have agreed not to draw down on the loan balances owed to them until such a time that the investment property is sold.
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Lighten Sw1 Ltd Notes to the Accounts for the period from 25 October 2023 to 30 April 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 25 October 2023
- 
- 
- 
Additions
8,634 
359 
8,993 
At 30 April 2024
8,634 
359 
8,993 
Depreciation
Charge for the period
2,158 
90 
2,248 
At 30 April 2024
2,158 
90 
2,248 
Net book value
At 30 April 2024
6,476 
269 
6,745 
5
Investment property
2024 
£ 
Additions
106,025 
Net gain from fair value adjustments
103,975 
At 30 April 2024
210,000 
6
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
2,530 
Accruals
700 
3,230 
7
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
132,628 
8
Average number of employees
During the period the average number of employees was 2.
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