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REGISTERED NUMBER: 01515526 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

FANTASTIC LIGHTING LIMITED

FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FANTASTIC LIGHTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs A L Darmoo
Mr A Darmoo
Mr P Darmoo
Mr A Y Darmoo





SECRETARY: Mr A Y Darmoo





REGISTERED OFFICE: Unit 1, Manford Industrial Estate
Manor Road
Erith
Kent
DA8 2AJ





REGISTERED NUMBER: 01515526 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,501 750,900

CURRENT ASSETS
Stocks 82,653 135,604
Debtors 5 42,408 17,976
Cash at bank 629,150 4,238
754,211 157,818
CREDITORS
Amounts falling due within one year 6 171,750 94,154
NET CURRENT ASSETS 582,461 63,664
TOTAL ASSETS LESS CURRENT
LIABILITIES

583,962

814,564

CREDITORS
Amounts falling due after more than one
year

7

-

163,432
NET ASSETS 583,962 651,132

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Revaluation reserve 8 - 704,825
Retained earnings 563,962 (73,693 )
SHAREHOLDERS' FUNDS 583,962 651,132

FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)

BALANCE SHEET - continued
31 DECEMBER 2024


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

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

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 Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





Mr P Darmoo - Director


FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Fantastic Lighting 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.

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 balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024 750,000 66,539 816,539
Additions 32,750 1,340 34,090
Disposals (782,750 ) - (782,750 )
At 31 December 2024 - 67,879 67,879
DEPRECIATION
At 1 January 2024 - 65,639 65,639
Charge for year - 739 739
At 31 December 2024 - 66,378 66,378
NET BOOK VALUE
At 31 December 2024 - 1,501 1,501
At 31 December 2023 750,000 900 750,900

Cost or valuation at 31 December 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 1988 156,481 - 156,481
Valuation in 2003 34,077 - 34,077
Valuation in 2006 30,000 - 30,000
Valuation in 2020 440,000 - 440,000
Valuation in 2024 (660,558 ) - (660,558 )
Cost - 67,879 67,879
- 67,879 67,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,081 12,249
Other debtors 28,327 5,727
42,408 17,976

FANTASTIC LIGHTING LIMITED (REGISTERED NUMBER: 01515526)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank Loans and Overdrafts 9,765 19,884
Trade creditors 1,251 625
Taxation and social security 158,033 13,932
Other creditors 2,701 59,713
171,750 94,154

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 163,432

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024 704,825
Elimination on Disposal (704,825 )

At 31 December 2024 -