IRIS Accounts Production v25.2.0.378 14495119 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false 4425 174546 4425 161769 17202 4425 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh144951192023-11-30144951192024-11-30144951192023-12-012024-11-30144951192022-11-20144951192022-11-212023-11-30144951192023-11-3014495119ns15:EnglandWales2023-12-012024-11-3014495119ns14:PoundSterling2023-12-012024-11-3014495119ns10:Director12023-12-012024-11-3014495119ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3014495119ns10:SmallEntities2023-12-012024-11-3014495119ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3014495119ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3014495119ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3014495119ns10:FullAccounts2023-12-012024-11-301449511942ns10:Director22023-11-301449511942ns10:Director22023-12-012024-11-301449511942ns10:Director22022-11-212023-11-301449511942ns10:Director22024-11-301449511942ns10:Director22023-11-3014495119ns10:Director22023-12-012024-11-3014495119ns10:RegisteredOffice2023-12-012024-11-3014495119ns5:CurrentFinancialInstruments2024-11-3014495119ns5:CurrentFinancialInstruments2023-11-3014495119ns5:ShareCapital2024-11-3014495119ns5:ShareCapital2023-11-3014495119ns5:RetainedEarningsAccumulatedLosses2024-11-3014495119ns5:RetainedEarningsAccumulatedLosses2023-11-3014495119ns5:PlantMachinery2023-11-3014495119ns5:PlantMachinery2023-12-012024-11-3014495119ns5:PlantMachinery2024-11-3014495119ns5:PlantMachinery2023-11-3014495119ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-11-3014495119ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3014495119ns5:WithinOneYear2024-11-3014495119ns5:WithinOneYear2023-11-30144951191ns10:Director12023-11-30144951191ns10:Director12022-11-20144951191ns10:Director12023-12-012024-11-30144951191ns10:Director12022-11-212023-11-30144951191ns10:Director12024-11-30144951191ns10:Director12023-11-30
REGISTERED NUMBER: 14495119 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 November 2024

for

INTELLIGENT LIGHTING LIMITED

INTELLIGENT LIGHTING LIMITED (REGISTERED NUMBER: 14495119)

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INTELLIGENT LIGHTING LIMITED

Company Information
for the Year Ended 30 November 2024







DIRECTORS: T I Johnson
Mrs L V Johnson





REGISTERED OFFICE: 17 Farran Drive
Codsall
Wolverhampton
WV8 1FA





REGISTERED NUMBER: 14495119 (England and Wales)





ACCOUNTANTS: CHEADLES
Chartered Accountants
Telegraph House
59 Wolverhampton Road
Stafford
Staffordshire
ST17 4AW

INTELLIGENT LIGHTING LIMITED (REGISTERED NUMBER: 14495119)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,839 15,223

CURRENT ASSETS
Stocks 46,371 39,708
Debtors 5 19,342 4,656
Cash at bank 21,257 72,779
86,970 117,143
CREDITORS
Amounts falling due within one year 6 100,856 89,208
NET CURRENT (LIABILITIES)/ASSETS (13,886 ) 27,935
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,953

43,158

PROVISIONS FOR LIABILITIES 2,111 1,198
NET ASSETS 842 41,960

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 840 41,958
842 41,960

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 12 August 2025 and were signed on its behalf by:





T I Johnson - Director


INTELLIGENT LIGHTING LIMITED (REGISTERED NUMBER: 14495119)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Intelligent 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

INTELLIGENT LIGHTING LIMITED (REGISTERED NUMBER: 14495119)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 20,400
Additions 7,257
At 30 November 2024 27,657
DEPRECIATION
At 1 December 2023 5,177
Charge for year 5,641
At 30 November 2024 10,818
NET BOOK VALUE
At 30 November 2024 16,839
At 30 November 2023 15,223

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 19,342 4,656

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 31,785 -
Taxation and social security 20,503 60,681
Other creditors 48,568 28,527
100,856 89,208

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.24 30.11.23
£    £   
Within one year 15,674 3,117

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 November 2024 and the period ended 30 November 2023:

30.11.24 30.11.23
£    £   
T I Johnson and Mrs L V Johnson
Balance outstanding at start of year 4,425 -
Amounts advanced 174,546 4,425
Amounts repaid (161,769 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,202 4,425

INTELLIGENT LIGHTING LIMITED (REGISTERED NUMBER: 14495119)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

The above loan was made to the Directors during the year 30 November 2024. Interest was charged on the loan at the rate of 2.25%. The balance of the loan was repaid within nine months of the year end.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors who, together, own 100% of the share capital