Candle Bright Company Limited


Directors	G Atkinson
	S Moor


Registered Address	28 Mill Lane
	Kirk Ella
	Hull
	HU10 7QY


Registered Number	13389528 (England and Wales)

Statement of Financial Position
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,099		1,516
			1,099		1,516
Current assets
Stocks	4	2,350		2,402
Debtors	5	-		1,224
Cash at bank and on hand		384		581
		2,734		4,207
Creditors amounts falling due within one year	6	(3,369)		(3,795)
Net current assets (liabilities)			(635)		412
Total assets less current liabilities			464		1,928
Creditors amounts falling due after one year	7		-		(1,500)
Provisions for liabilities	8		(209)		(288)
Net assets			255		140
Capital and reserves
Called up share capital			100		100
Profit and loss account			155		40
Shareholders' funds			255		140

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 20 October 2025, and are signed on its behalf by:

G Atkinson
Director
Registered Company No. 13389528

Candle Bright Company Limited

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees
	The company has no paid employees in the current or previous year.


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 June 24	1,671	1,671
At 31 May 25	1,671	1,671
Depreciation and impairment
At 01 June 24	155	155
Charge for year	417	417
At 31 May 25	572	572
Net book value
At 31 May 25	1,099	1,099
At 31 May 24	1,516	1,516

4.	Stocks

	2025	2024
	£	£
Finished goods	2,350	2,402
Total	2,350	2,402

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	-	1,224
Total	-	1,224


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	2,465	3,019
Taxation and social security	234	127
Accrued liabilities and deferred income	670	649
Total	3,369	3,795


	Short term creditors are measured at transaction price (which is usually the invoice price).

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	-	1,500
Total	-	1,500

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	209	288
Total	209	288