Company No: 14657530 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	15,232		0
		15,232		0
Current assets
Stocks	4	200		0
Debtors	5	25,340		673
Cash at bank and in hand		238,265		237,896
		263,805		238,569
Creditors: amounts falling due within one year	6	( 118,227)		( 216,596)
Net current assets		145,578		21,973
Total assets less current liabilities		160,810		21,973
Net assets		160,810		21,973
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		160,710		21,873
Total shareholders' funds		160,810		21,973

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of M and Co Lighting Ltd (registered number: 14657530) were approved and authorised for issue by the Board of Directors on 30 October 2025. They were signed on its behalf by:

A J Townsend Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

M and Co Lighting Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 5b South Park Way, Wakefield 41 Business Park, Wakefield, WF2 0XJ, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is measured at the fair value of consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when the conditions contained within a contract for services have been met.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Vehicles

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. [MANUFACTURERS, ETC - Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity.] Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	Year ended 31.03.2025		Period from 13.02.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Vehicles		Total
	£		£
Cost
At 01 April 2024	0		0
Additions	15,894		15,894
At 31 March 2025	15,894		15,894
Accumulated depreciation
At 01 April 2024	0		0
Charge for the financial year	662		662
At 31 March 2025	662		662
Net book value
At 31 March 2025	15,232		15,232
At 31 March 2024	0		0

4. Stocks

	31.03.2025		31.03.2024
	£		£
Stocks	200		0

5. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	11,918		0
Prepayments	2,831		573
VAT recoverable	10,491		0
Other debtors	100		100
	25,340		673

6. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Trade creditors	36,357		16,409
Amounts owed to Group undertakings	1,224		0
Accruals and deferred income	2,700		152,500
Corporation tax	74,138		12,852
Deferred tax liability	3,808		0
Other taxation and social security	0		34,835
	118,227		216,596

7. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
25 Ordinary A shares of £ 1.00 each	25		25
25 Ordinary B shares of £ 1.00 each	25		25
25 Ordinary C shares of £ 1.00 each	25		25
25 Ordinary D shares of £ 1.00 each	25		25
	100		100

8. Related party transactions

The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor transactions with directors conducted at a market rate.