REGISTERED NUMBER: 08110777 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2023 TO 31ST DECEMBER 2024

FOR

SEDNA LIGHTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Winstanley-Edwards

SECRETARY:

REGISTERED OFFICE:

Sedna House

Marshfield Road,

Castleton

Cardiff

Cardiff

CF3 2UW

REGISTERED NUMBER:

08110777 (England and Wales)

ACCOUNTANTS:

Menter Business Advisors Limited

68 Heol Lewis

Rhiwbina

Cardiff

South Glamorgan

CF14 6QB

FIXED ASSETS

Tangible assets

4

34,798

54,901

CURRENT ASSETS

Stocks

504,818

521,973

Debtors

5

437,028

697,746

Cash at bank and in hand

547,186

320,581

1,489,032

1,540,300

CREDITORS

Amounts falling due within one year

6

514,541

337,164

NET CURRENT ASSETS

974,491

1,203,136

TOTAL ASSETS LESS CURRENT LIABILITIES

1,009,289

1,258,037

CREDITORS

Amounts falling due after more than one year

7

55,738

101,639

NET ASSETS

953,551

1,156,398

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

952,551

1,155,398

SHAREHOLDERS' FUNDS

953,551

1,156,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th September 2025 and were signed by:

N Winstanley-Edwards - Director

1.	STATUTORY INFORMATION

Sedna 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.

Plant and machinery

-

25% on cost

Furniture, Fixtures & Equipmen t

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% 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 period 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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Furniture,

Fixtures

Plant and

& Equipmen

Motor

Computer

machinery

t

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st November 2023

8,800

34,589

91,594

12,730

147,713

Additions

-

621

-

-

621

At 31st December 2024

8,800

35,210

91,594

12,730

148,334

DEPRECIATION

At 1st November 2023

5,800

30,644

45,655

10,713

92,812

Charge for period

1,781

1,713

16,815

415

20,724

At 31st December 2024

7,581

32,357

62,470

11,128

113,536

NET BOOK VALUE

At 31st December 2024

1,219

2,853

29,124

1,602

34,798

At 31st October 2023

3,000

3,945

45,939

2,017

54,901

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.10.23

£

£

Trade debtors

10,609

28,530

Other debtors

426,419

669,216

437,028

697,746

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.10.23

£

£

Bank loans and overdrafts

257,540

74,231

Trade creditors

83,550

178,754

Tax

-

(14,592

)

Social security and other taxes

(11,744

)

(30,444

)

VAT

95,142

56,199

Other creditors

776

687

Student Loan

625

625

NEST Pension Creditor

100

49

Payroll Control

1,942

2,021

Directors' loan accounts

84,452

67,452

Accrued expenses

2,158

2,182

514,541

337,164

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.10.23

£

£

Bank loans more 5 yr by instal

55,738

101,639

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

55,738

101,639

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.10.23

value:

£

£

1,000

Ordinary Shares

£1

1,000

1,000