IRIS Accounts Production v24.3.2.46 06839646 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068396462023-03-31068396462024-03-31068396462023-04-012024-03-31068396462022-03-31068396462022-04-012023-03-31068396462023-03-3106839646ns15:EnglandWales2023-04-012024-03-3106839646ns14:PoundSterling2023-04-012024-03-3106839646ns10:Director12023-04-012024-03-3106839646ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106839646ns10:SmallEntities2023-04-012024-03-3106839646ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106839646ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106839646ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106839646ns10:FullAccounts2023-04-012024-03-3106839646ns10:OrdinaryShareClass12023-04-012024-03-3106839646ns10:RegisteredOffice2023-04-012024-03-3106839646ns5:CurrentFinancialInstruments2024-03-3106839646ns5:CurrentFinancialInstruments2023-03-3106839646ns5:Non-currentFinancialInstruments2024-03-3106839646ns5:Non-currentFinancialInstruments2023-03-3106839646ns5:ShareCapital2024-03-3106839646ns5:ShareCapital2023-03-3106839646ns5:RetainedEarningsAccumulatedLosses2024-03-3106839646ns5:RetainedEarningsAccumulatedLosses2023-03-3106839646ns5:PlantMachinery2023-04-012024-03-3106839646ns5:PlantMachinery2023-03-3106839646ns5:PlantMachinery2024-03-3106839646ns5:PlantMachinery2023-03-3106839646ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106839646ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3106839646ns10:OrdinaryShareClass12024-03-3106839646ns5:RetainedEarningsAccumulatedLosses2023-03-3106839646ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31068396461ns10:Director12023-03-31068396461ns10:Director12022-03-31068396461ns10:Director12023-04-012024-03-31068396461ns10:Director12022-04-012023-03-31068396461ns10:Director12024-03-31068396461ns10:Director12023-03-31
REGISTERED NUMBER: 06839646 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

BRIGHT LIFTING SERVICES LIMITED

BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRIGHT LIFTING SERVICES LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A J Bright





REGISTERED OFFICE: 4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU





REGISTERED NUMBER: 06839646 (England and Wales)





ACCOUNTANTS: Adams Beeny Limited
4 Sudley Road
Bognor Regis
West Sussex
PO21 1EU

BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 18,281 12,887

CURRENT ASSETS
Debtors 5 26,571 9,602
Cash at bank 13,838 -
40,409 9,602
CREDITORS
Amounts falling due within one year 6 22,874 10,357
NET CURRENT ASSETS/(LIABILITIES) 17,535 (755 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,816

12,132

CREDITORS
Amounts falling due after more than one year 7 12,604 18,482
NET ASSETS/(LIABILITIES) 23,212 (6,350 )

CAPITAL AND RESERVES
Called up share capital 8 5 5
Retained earnings 9 23,207 (6,355 )
SHAREHOLDERS' FUNDS 23,212 (6,350 )

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

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

BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)

Statement of Financial Position - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





A J Bright - Director


BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Bright Lifting Services Limited 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. 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.

Turnover
Revenue 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 each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The Company did not trade in the year to 31 March 2022.
The Company began to trade again in January 2023.

3. EMPLOYEES AND DIRECTORS

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

BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023 87,306
Additions 10,830
At 31 March 2024 98,136
DEPRECIATION
At 1 April 2023 74,419
Charge for year 5,436
At 31 March 2024 79,855
NET BOOK VALUE
At 31 March 2024 18,281
At 31 March 2023 12,887

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 26,571 9,602

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 8,130
Taxation and social security 19,760 300
Other creditors 3,114 1,927
22,874 10,357

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 12,604 18,482

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 5 5

BRIGHT LIFTING SERVICES LIMITED (REGISTERED NUMBER: 06839646)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. RESERVES
Retained
earnings
£   

At 1 April 2023 (6,355 )
Profit for the year 59,562
Dividends (30,000 )
At 31 March 2024 23,207

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
A J Bright
Balance outstanding at start of year 9,031 (3,086 )
Amounts advanced 36,176 20,196
Amounts repaid (19,355 ) (8,079 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,852 9,031

The loan was repaid within 9 months of the year end.