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REGISTERED NUMBER: 04622522 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SYNERGY LIGHTING LTD

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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


SYNERGY LIGHTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr P Jackson
Mr R J Dooley
Mr H B Jackson





SECRETARIES: Mrs L J Jackson
Mrs S Adams
Mrs H C Pawley





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 04622522 (England and Wales)





ACCOUNTANTS: Mackenzies, a Xeinadin company
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 469 701

CURRENT ASSETS
Stocks 5 287,658 214,639
Debtors 6 1,318,713 583,588
Cash at bank 315,867 644,843
1,922,238 1,443,070
CREDITORS
Amounts falling due within one year 7 1,148,292 644,152
NET CURRENT ASSETS 773,946 798,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

774,415

799,619

CREDITORS
Amounts falling due after more than one
year

8

(39,140

)

(90,404

)

PROVISIONS FOR LIABILITIES 9 (117 ) (175 )
NET ASSETS 735,158 709,040

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 735,156 709,038
SHAREHOLDERS' FUNDS 735,158 709,040

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.

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by:





Mr H B Jackson - Director


SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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


1. STATUTORY INFORMATION

Synergy Lighting 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.
Computer equipment - 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 Profit and Loss Account, 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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 7 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 April 2024
and 31 March 2025 2,875
DEPRECIATION
At 1 April 2024 2,174
Charge for year 232
At 31 March 2025 2,406
NET BOOK VALUE
At 31 March 2025 469
At 31 March 2024 701

5. STOCKS
2025 2024
£ £
Stocks 287,658 214,639

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 868,735 189,214
Amounts owed by group undertakings 449,978 394,374
1,318,713 583,588

Amounts owed by group undertakings represents a balance owed by Eclipse (Distributors) Limited (a group company) of £449,978 (2024: £394,374).

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts 48,360 47,096
Other loans - 65,000
Trade creditors 773,077 313,204
Tax 100,031 67,523
Social security and other taxes 6,899 8,698
VAT 199,352 122,873
Other creditors 1,256 874
Accrued expenses 19,317 18,884
1,148,292 644,152

Other creditors consists of pension contributions.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£ £
Bank loans - 1-2 years 39,140 48,287
Bank loans - 2-5 years - 42,117
39,140 90,404

9. PROVISIONS FOR LIABILITIES
2025 2024
£ £
Deferred tax 117 175

Deferred tax
£
Balance at 1 April 2024 175
Provided during year (58 )
Accelerated capital allowances
Balance at 31 March 2025 117

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
2 Ordinary £1 2 2

SYNERGY LIGHTING LTD (REGISTERED NUMBER: 04622522)

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


11. RELATED PARTY DISCLOSURES

During the year, the company made payments to Eclipse (Distributors) Limited in respect of premises rent and rates and contributions to other overheads of £104,259 (2024: £158,700).

The above transactions were at market rates.

At the year end, there was an amount of £449,978 (2024: £394,374) due by Eclipse (Distributors) Limited (a group company).

12. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party, no individual shareholder holds more than 47% of the issued share capital of the ultimate parent company DARAP Limited.