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REGISTERED NUMBER: 01613547 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Illuminations (Television) Limited

Illuminations (Television) Limited (Registered number: 01613547)






Contents of the Financial Statements
for the Year Ended 30 SEPTEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Illuminations (Television) Limited (Registered number: 01613547)

Balance Sheet
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,873 2,214
1,873 2,214

CURRENT ASSETS
Stocks 6 1,930 3,557
Debtors 7 62,816 62,379
Cash at bank 290,420 269,918
355,166 335,854
CREDITORS
Amounts falling due within one year 8 (156,223 ) (129,747 )
NET CURRENT ASSETS 198,943 206,107
TOTAL ASSETS LESS CURRENT
LIABILITIES

200,816

208,321

PROVISIONS FOR LIABILITIES (289 ) (390 )
NET ASSETS 200,527 207,931

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 200,327 207,731
SHAREHOLDERS' FUNDS 200,527 207,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Illuminations (Television) Limited (Registered number: 01613547)

Balance Sheet - continued
30 SEPTEMBER 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 Board of Directors and authorised for issue on 1 February 2025 and were signed on its behalf by:




Ms L R Zuck - Director



J F Wyver - Director


Illuminations (Television) Limited (Registered number: 01613547)

Notes to the Financial Statements
for the Year Ended 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Illuminations (Television) Limited is a private company, limited by shares, registered in England and Wales, registration number 01613547. The registered office is Solar House - PF 915 High Road, North Finchley, London, England,N12 8QJ

The presentation currency of the financial statements is pound sterling (£) and the level of rounding is the nearest £1.

2. ACCOUNTING POLICIES

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

Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured, reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible assets have been amortised over 10 years.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery-25%on cost
Fixtures and fittings-25%on cost
Computer equipment-25%on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and loss account.

Stocks
Stock are stated at the lower of cost and estimated selling price less cost to sell. Cost is based on the cost of purchase on a FIFO basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Illuminations (Television) Limited (Registered number: 01613547)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has entered into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like other debtors, creditors and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is fund, an impairment loss is recognised in the profit and loss.

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.

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.

Defined contribution pension plan
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in profit and loss account when due.

Interest income
Interest income is recognised in the Profit and loss account using the effective interest method.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Illuminations (Television) Limited (Registered number: 01613547)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 15,000
AMORTISATION
At 1 October 2023
and 30 September 2024 15,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 981 3,136 18,860 22,977
Additions - - 999 999
Disposals (981 ) (3,136 ) (14,385 ) (18,502 )
At 30 September 2024 - - 5,474 5,474
DEPRECIATION
At 1 October 2023 982 3,136 16,645 20,763
Charge for year - - 1,237 1,237
Eliminated on disposal (982 ) (3,136 ) (14,281 ) (18,399 )
At 30 September 2024 - - 3,601 3,601
NET BOOK VALUE
At 30 September 2024 - - 1,873 1,873
At 30 September 2023 (1 ) - 2,215 2,214

6. STOCKS
30.9.24 30.9.23
£    £   
Stocks 1,930 3,557

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 3,881 2,985
Other debtors 58,935 59,394
62,816 62,379

Illuminations (Television) Limited (Registered number: 01613547)

Notes to the Financial Statements - continued
for the Year Ended 30 SEPTEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 4,181 2,535
Taxation and social security 9,149 2,052
Other creditors 142,893 125,160
156,223 129,747