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
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
Light Style London Limited
Statement of financial position
as at 30 April 2024
Tangible assets
612,865
623,131
Inventories
1,003,363
1,049,053
Cash at bank and in hand
491,661
338,005
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
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
Light Style London Limited
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
At 30 April 2024
602,394
-
10,471
612,865
At 30 April 2023
608,063
1,094
13,974
623,131
Light Style London Limited
Notes to the Accounts
for the year ended 30 April 2024
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
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
40,852
39,355
Trade creditors
332,781
436,886
Taxes and social security
59,555
93,493
Loans from directors
-
374
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
172,618
213,341
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).