1 May 2023 false Taxfiler 2024.6 04139212business:PrivateLimitedCompanyLtd2023-05-012024-04-30 041392122023-04-30 041392122023-05-012024-04-30 04139212business:AuditExemptWithAccountantsReport2023-05-012024-04-30 04139212business:FilletedAccounts2023-05-012024-04-30 041392122024-04-30 04139212business:Director12023-05-012024-04-30 04139212business:Director22023-05-012024-04-30 04139212business:Director32023-05-012024-04-30 04139212business:RegisteredOffice2023-05-012024-04-30 041392122023-04-30 04139212core:WithinOneYear2024-04-30 04139212core:WithinOneYear2023-04-30 04139212core:AfterOneYear2024-04-30 04139212core:AfterOneYear2023-04-30 04139212core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 04139212core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 04139212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 04139212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 04139212core:PreviouslyStatedAmount2024-04-30 04139212core:PreviouslyStatedAmount2023-04-30 04139212business:SmallEntities2023-05-012024-04-30 04139212countries:EnglandWales2023-05-012024-04-30 04139212core:LandBuildings2023-05-012024-04-30 04139212core:MotorVehicles2023-05-012024-04-30 04139212core:FurnitureFittings2023-05-012024-04-30 04139212core:LandBuildings2023-04-30 04139212core:MotorVehicles2023-04-30 04139212core:FurnitureFittings2023-04-30 04139212core:LandBuildings2024-04-30 04139212core:MotorVehicles2024-04-30 04139212core:FurnitureFittings2024-04-30 04139212business:OrdinaryShareClass12023-05-012024-04-30 04139212business:OrdinaryShareClass12022-05-012023-04-30 041392122022-05-012023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04139212 (England and Wales)
Light Style London Limited Unaudited accounts for the year ended 30 April 2024
Light Style London Limited Unaudited accounts Contents
Page
- 2 -
Light Style London Limited Company Information for the year ended 30 April 2024
Directors
E Liebert L B Garcia P W Wrobel
Company Number
04139212 (England and Wales)
Registered Office
67 Imperial Way Croydon CR0 4RR United Kingdom
Accountants
Luke, Gordon & Co Accountants and Tax Advisers 105 Palewell Park London SW14 8JJ
- 3 -
Light Style London Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
612,865 
623,131 
Current assets
Inventories
1,003,363 
1,049,053 
Debtors
206,819 
302,829 
Cash at bank and in hand
491,661 
338,005 
1,701,843 
1,689,887 
Creditors: amounts falling due within one year
(456,002)
(586,903)
Net current assets
1,245,841 
1,102,984 
Total assets less current liabilities
1,858,706 
1,726,115 
Creditors: amounts falling due after more than one year
(172,618)
(213,341)
Net assets
1,686,088 
1,512,774 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,685,988 
1,512,674 
Shareholders' funds
1,686,088 
1,512,774 
For the year 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 7 December 2024 and were signed on its behalf by
E Liebert Director Company Registration No. 04139212
- 4 -
Light Style London Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Light Style London Limited is a private company, limited by shares, registered in England and Wales, registration number 04139212. The registered office is 67 Imperial Way, Croydon, CR0 4RR, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Lease is being amortised over its full term at a rate of £5,638 per annum
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
634,521 
25,901 
26,898 
687,320 
At 30 April 2024
634,521 
25,901 
26,898 
687,320 
Depreciation
At 1 May 2023
26,458 
24,807 
12,924 
64,189 
Charge for the year
5,669 
1,094 
3,503 
10,266 
At 30 April 2024
32,127 
25,901 
16,427 
74,455 
Net book value
At 30 April 2024
602,394 
- 
10,471 
612,865 
At 30 April 2023
608,063 
1,094 
13,974 
623,131 
- 5 -
Light Style London Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
135,135 
230,260 
Accrued income and prepayments
18,934 
18,793 
Other debtors
52,750 
53,776 
206,819 
302,829 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
40,852 
39,355 
VAT
21,215 
15,695 
Trade creditors
332,781 
436,886 
Taxes and social security
59,555 
93,493 
Other creditors
1,599 
- 
Loans from directors
- 
374 
Accruals
- 
1,100 
456,002 
586,903 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
172,618 
213,341 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -