Illumination Solutions Ltd - Filleted accounts

Registered number

13216939

Illumination Solutions Ltd

Filleted Accounts

28 February 2025

Illumination Solutions Ltd
Registered number:		13216939
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		226			327

Current assets
Debtors	4	11,769			12,926
Cash at bank and in hand		194,067			163,527
		205,836			176,453

Creditors: amounts falling due within one year	5	(86,217)			(86,963)

Net current assets			119,619			89,490

Net assets			119,845			89,817

Capital and reserves
Called up share capital			10			10
Profit and loss account			119,835			89,807

Shareholders' funds			119,845			89,817

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Nicolaou
Director
Approved by the board on 1 October 2025

Illumination Solutions Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 2-5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2024				2,082
	Additions				274
	At 28 February 2025				2,356

	Depreciation
	At 1 March 2024				1,755
	Charge for the year				375
	At 28 February 2025				2,130

	Net book value
	At 28 February 2025				226
	At 29 February 2024				327


4	Debtors		2025		2024
£				£

	Trade debtors		11,400		12,600
	Other debtors		369		326
			11,769		12,926


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		21,554		25,057
	Director's loan account		64,663		60,802
	Other creditors		-		1,104
			86,217		86,963


6	Other information

	Illumination Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	7 Basepoint Business Centre
	Rivemead Drive
	Swindon
	Wiltshire
	SN5 7EX