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REGISTERED NUMBER: 09065101 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED

LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED (REGISTERED NUMBER: 09065101)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: A D Vowles
Mrs J A M Vowles
O N J Mawson-Seale





REGISTERED OFFICE: 7 Davidson Close
Great Cornard
Sudbury
Suffolk
CO10 0YU





REGISTERED NUMBER: 09065101 (England and Wales)





ACCOUNTANTS: SW Accountancy
Chartered Certified Accountants
7 Davidson Close
Great Cornard
Sudbury
Suffolk
CO10 0YU

LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED (REGISTERED NUMBER: 09065101)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 12,500
Tangible assets 5 4,673 5,628
14,673 18,128

CURRENT ASSETS
Debtors 6 2,762 2,458
Cash at bank and in hand 164,617 118,405
167,379 120,863
CREDITORS
Amounts falling due within one year 7 164,591 117,658
NET CURRENT ASSETS 2,788 3,205
TOTAL ASSETS LESS CURRENT LIABILITIES 17,461 21,333

PROVISIONS FOR LIABILITIES 1,168 1,407
NET ASSETS 16,293 19,926

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,193 19,826
16,293 19,926

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.

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 10 April 2025 and were signed on its behalf by:





Mrs J A M Vowles - Director


LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED (REGISTERED NUMBER: 09065101)

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

1. STATUTORY INFORMATION

Lighthouse Independent Financial Solutions 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
Turnover represents adviser fees for initial and ongoing advice and commission payments. Turnover is recognised when the amount of revenue can be measured reliably and it is probable that the economic benefit associated with the transaction will flow to the company.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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 equipment - 25% on reducing balance
Office equipment - 20% 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

LIGHTHOUSE INDEPENDENT FINANCIAL
SOLUTIONS LIMITED (REGISTERED NUMBER: 09065101)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 25,000
AMORTISATION
At 1 April 2024 12,500
Charge for year 2,500
At 31 March 2025 15,000
NET BOOK VALUE
At 31 March 2025 10,000
At 31 March 2024 12,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 12,194
Additions 269
At 31 March 2025 12,463
DEPRECIATION
At 1 April 2024 6,566
Charge for year 1,224
At 31 March 2025 7,790
NET BOOK VALUE
At 31 March 2025 4,673
At 31 March 2024 5,628

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,592 2,458
Other debtors 170 -
2,762 2,458

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,914 967
Taxation and social security 14,500 16,990
Other creditors 146,177 99,701
164,591 117,658