Touchstone Lighting Components Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03518127

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		21,768		30,307

			21,768		30,307
CURRENT ASSETS
Stocks	5	431,000		433,868
Debtors	6	452,808		426,237
Cash at bank and in hand		661,683		615,076

		1,545,491		1,475,181
Creditors: Amounts Falling Due Within One Year	7	(356,577 )		(316,396 )

NET CURRENT ASSETS (LIABILITIES)			1,188,914		1,158,785

TOTAL ASSETS LESS CURRENT LIABILITIES			1,210,682		1,189,092

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,633 )		(6,590 )

NET ASSETS			1,206,049		1,182,502

CAPITAL AND RESERVES
Called up share capital	8		6		6
Profit and Loss Account			1,206,043		1,182,496

SHAREHOLDERS' FUNDS			1,206,049		1,182,502

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Touchstone Lighting Components Ltd.

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G L Stone

Director

12 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Touchstone Lighting Components Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03518127 . The registered office is Units 21-22 Emerald Way, Stone Business Park, Stone, Staffordshire, ST15 0SR.

2. Accounting Policies

2.1. Basis of Preparation of 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.

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

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the sale of products is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service were performed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Computer Equipment	33% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

2.5. Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profits (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered 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 assesments 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 year 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.

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Touchstone Lighting Components Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 10)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	102,335	598	5,776	108,709

As at 31 March 2025	102,335	598	5,776	108,709

Depreciation
As at 1 April 2024	75,879	598	1,925	78,402
Provided during the period	6,614	-	1,925	8,539

As at 31 March 2025	82,493	598	3,850	86,941

Net Book Value
As at 31 March 2025	19,842	-	1,926	21,768

As at 1 April 2024	26,456	-	3,851	30,307

5. Stocks

	2025	2024
	£	£
Stock	431,000	433,868

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	440,309	404,092
Prepayments and accrued income	10,089	15,598
Other debtors	2,410	700
Directors' loan accounts	-	5,847

	452,808	426,237

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Touchstone Lighting Components Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	203,111	234,857
Corporation tax	50,576	57,421
Social security	3,102	4,329
VAT	54,686	4,954
Net wages	107	-
Other creditors	31,994	2,967
Pension control	846	844
Accruals and deferred income	12,102	11,024
Directors' loan accounts	53	-

	356,577	316,396

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
3 Ordinary Shares of £ 1.00 each	3	3
3 Ordinary B shares of £ 1.00 each	3	3

	6	6

9. Other Commitments

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £39,467 (2024 - £61,758).

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Gary Stone	5,847	-	5,847	-	-

The above loan was provided interest free and was repayable on demand.

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