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REGISTERED NUMBER: 10664278 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WESTERN LIGHTNING LTD

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WESTERN LIGHTNING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr D F Adams
Mr S D J Adams



REGISTERED OFFICE: Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



REGISTERED NUMBER: 10664278 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: Santander
53 High Street
Exeter
Devon
EX4 3HE

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 338,118 325,693

CURRENT ASSETS
Stocks 5 23,212 24,795
Debtors 6 90,067 82,126
Cash at bank 64,152 49,159
177,431 156,080
CREDITORS
Amounts falling due within one year 7 69,737 83,636
NET CURRENT ASSETS 107,694 72,444
TOTAL ASSETS LESS CURRENT LIABILITIES 445,812 398,137

CREDITORS
Amounts falling due after more than one
year

8

(145,100

)

(150,888

)

PROVISIONS FOR LIABILITIES (16,604 ) (12,426 )
NET ASSETS 284,108 234,823

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 284,008 234,723
SHAREHOLDERS' FUNDS 284,108 234,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by:





Mr D F Adams - Director


WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Western Lightning Ltd 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
Turnover 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.
Freehold property - at varying rates on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 4 ).

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 284,527 2,940 16,702
Additions - 34,158 1,987
Disposals - (488 ) -
At 31 March 2025 284,527 36,610 18,689
DEPRECIATION
At 1 April 2024 8,536 793 2,505
Charge for year 8,536 5,401 2,391
Eliminated on disposal - (188 ) -
At 31 March 2025 17,072 6,006 4,896
NET BOOK VALUE
At 31 March 2025 267,455 30,604 13,793
At 31 March 2024 275,991 2,147 14,197

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 60,279 8,669 373,117
Additions - 3,721 39,866
Disposals - (3,046 ) (3,534 )
At 31 March 2025 60,279 9,344 409,449
DEPRECIATION
At 1 April 2024 32,461 3,129 47,424
Charge for year 6,954 2,336 25,618
Eliminated on disposal - (1,523 ) (1,711 )
At 31 March 2025 39,415 3,942 71,331
NET BOOK VALUE
At 31 March 2025 20,864 5,402 338,118
At 31 March 2024 27,818 5,540 325,693

5. STOCKS
2025 2024
£    £   
Stocks 23,212 24,795

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 75,029 64,052
Other debtors 5,902 9,360
Prepayments 9,136 8,714
90,067 82,126

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,601 5,601
Trade creditors 2,795 8,094
Tax 30,936 27,116
Social security and other taxes 3,993 3,685
Pension Creditor 449 425
VAT 15,604 12,417
Other creditors 2,502 1,735
Directors' current accounts 5,221 22,007
Accrued expenses 2,636 2,556
69,737 83,636

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 11,202 11,202
Bank loans - 2-5 years 16,803 16,803
Bank loans more 5 yr by instal 117,095 122,883
145,100 150,888

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 117,095 122,883

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
Mr S D J Adams
Balance outstanding at start of year (15,504 ) (5,385 )
Amounts advanced 76,979 136,457
Amounts repaid (62,885 ) (146,576 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,410 ) (15,504 )

WESTERN LIGHTNING LTD (REGISTERED NUMBER: 10664278)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr D F Adams
Balance outstanding at start of year (6,504 ) (5,727 )
Amounts advanced 49,051 57,353
Amounts repaid (46,359 ) (58,130 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,812 ) (6,504 )

Loans are unsecured, interest free and repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year total dividends of £66,000 ( 2024-£66,000 ) were paid to the directors.