xbrl

02048214falseelectrical engineering and lighting sales2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/cd:Director22023-10-012024-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:MotorCars2023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:MotorCars2024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2024-09-30iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 02048214






Offshore Lighting Limited


ACCOUNTS

FOR THE YEAR ENDED 30/09/2024
























Prepared By:
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ


ACCOUNTS
FOR THE YEAR ENDED 30/09/2024





DIRECTORS
Dinah A Bell
Martin S Bell



SECRETARY
Dinah A Bell


REGISTERED OFFICE
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02048214



ACCOUNTANTS
Marie-Anne Rose Ltd
Chartered Accountants
Bay Tree Cottage
Crabbswood Lane
Sway
Hampshire
SO41 6EQ


ACCOUNTS
FOR THEYEARENDED30/09/2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/09/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	2		1,485,784		1,477,649
Investment Assets	3		455,369		455,369

			1,941,153		1,933,018

CURRENT ASSETS
Stock		43,868		52,852
Debtors	5	1,924,440		2,016,380
Cash at bank and in hand		3,337,006		3,556,518
		5,305,314		5,625,750
CREDITORS: Amounts falling due within one year	6	46,962		141,630
NET CURRENT ASSETS			5,258,352		5,484,120
TOTAL ASSETS LESS CURRENT LIABILITIES			7,199,505		7,417,138


PROVISIONS FOR LIABILITIES AND CHARGES	8		-		14,752

NET ASSETS			7,199,505		7,402,386

CAPITAL AND RESERVES

Called up share capital	9		500		500
Profit and loss account			7,199,005		7,401,886
SHAREHOLDERS' FUNDS			7,199,505		7,402,386

For the year ending 30/09/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 19/06/2025 and signed on their behalf by



.............................
Martin S Bell
Director


1b. Depreciation
Depreciation has been provided in order to write off the assets over their estimated useful lives.

Fixtures And Fittings		reducing balance15%
Equipment		reducing balance33%
Motor Cars		reducing balance25%


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.


1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.


1f. Investments
Fixed asset investments, other than property, are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
The property is included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.


2. TANGIBLE FIXED ASSETS

	Land And	Fixtures
	Buildings	and Fittings	Equipment	Motor Cars	Total
	£	£	£	£	£
Cost
At 01/10/2023	1,450,006	28,100	3,626	44,335	1,526,067
Additions	-	632	-	31,660	32,292
Disposals	-	-	-	(24,835)	(24,835)
At 30/09/2024	1,450,006	28,732	3,626	51,160	1,533,524
Depreciation
At 01/10/2023	-	15,619	3,531	29,268	48,418
Disposals	-	-	-	(10,865)	(10,865)
For the year	-	1,967	31	8,189	10,187
At 30/09/2024	-	17,586	3,562	26,592	47,740
Net Book Amounts
At 30/09/2024	1,450,006	11,146	64	24,568	1,485,784
At 30/09/2023	1,450,006	12,481	95	15,067	1,477,649


3. FINANCIAL ASSETS

	Shares in group companies
	and participating interests	Total
	£	£
Cost
At 01/10/2023	455,369	455,369
At 30/09/2024	455,369	455,369
Amortisation
Net Book Amounts
At 30/09/2024	455,369	455,369
At 30/09/2023	455,369	455,369
The company owns 100% of the share capital of Steadhurst Limited whose registered office is Bay Tree Cottage, Crabbswood Lane, Sway, Lymington, Hampshire SO41 6EQ.


4. STOCK	2024	2023
	£	£
Stock comprises:

Stock	43,868	52,852
	43,868	52,852


5. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	44,783	149,812
Other debtors	773,048	757,870
Amounts due from group companies	770,027	770,027
Prepayments	8,102	10,191
	1,595,960	1,687,900

Amounts falling due over more than one year
Long term debtor - due from group companies	328,480	328,480
	328,480	328,480
	1,924,440	2,016,380


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
VAT	18,964	15,080
Trade creditors	3,476	93,242
Other creditors	18,283	29,108
Accruals	6,239	4,200
	46,962	141,630


7. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	5	6


8. PROVISIONS FOR LIABILITIES	2024	2023
	£	£
Deferred taxation	-	14,752
	-	14,752


9. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
500 Ordinary £1 shares of £1 each	500	500
	500	500