Registration number: 03007002

Light & Land Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Light & Land Limited

Company Information

Director

Mr CP Waite

Company secretary

Mrs SJ Waite

Registered office

4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

Ward Goodman

Ward Goodman Accountancy Services Ltd Certified Chartered Accountants4 Cedar Park Cobham Road Ferndown Industrial Estate Wimborne Dorset BH21 7SF

Light & Land Limited

(Registration number: 03007002)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	40	82
Tangible assets	5	3,023	-
		3,063	82
Current assets
Debtors	6	334,334	403,241
Investments	7	101	101
Cash at bank and in hand		128,673	137,372
		463,108	540,714
Creditors: Amounts falling due within one year	8	(293,507)	(360,385)
Net current assets		169,601	180,329
Total assets less current liabilities		172,664	180,411
Creditors: Amounts falling due after more than one year	8	(1,667)	(12,500)
Net assets		170,997	167,911
Capital and reserves
Called up share capital		10,000	10,000
Retained earnings		160,997	157,911
Shareholders' funds		170,997	167,911

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 November 2025
 

......................................... Mr CP Waite Director

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Cedar Park
Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7SF
England

These financial statements were authorised for issue by the director on 5 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£) and rounded to the nearest £1.

Revenue recognition

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

Income is recognised at the point that the tour takes place.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	10% on cost
Computer equipment	225% on cost

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years

Investments

Investments in subsidiary undertakings are recognised at cost.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 March 2024	415	415
At 28 February 2025	415	415
Amortisation
At 1 March 2024	333	333
Amortisation charge	42	42
At 28 February 2025	375	375
Carrying amount
At 28 February 2025	40	40
At 29 February 2024	82	82

5	Tangible assets

	Long leasehold land and buildings £	Office equipment £	Total £
Cost or valuation
At 1 March 2024	2,995	60,242	63,237
Additions	-	3,374	3,374
At 28 February 2025	2,995	63,616	66,611
Depreciation
At 1 March 2024	2,995	60,242	63,237
Charge for the year	-	351	351
At 28 February 2025	2,995	60,593	63,588
Carrying amount
At 28 February 2025	-	3,023	3,023

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6

Debtors

Current	Note	2025 £	2024 £
Trade debtors		860	1,695
Amounts owed by related parties	10	102,596	142,596
Prepayments		52,146	76,783
Other debtors		178,732	182,167
		334,334	403,241

7	Current asset investments

	2025 £	2024 £
Shares in group undertakings	101	101

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	10,000	10,000
Trade creditors		1,910	24,475
Taxation and social security		14,774	21,952
Accruals and deferred income		246,820	283,245
Other creditors		20,003	20,713
		293,507	360,385

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	1,667	12,500

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,667	12,500

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,000	10,000

Light & Land Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

10	Related party transactions

Other transactions with the director

At the balance sheet date £131,344 (2024: £131,491) was owed to the company by Mr C Waite, a director and shareholder of the company.

Interest of £2,956 (2024: £2,893) has been charged on the loan during the year. Interest as been charged at a rate of 2.25% on the loan.

The loan to the director is repayable on demand and is included within the debtors note.