REGISTERED NUMBER: 03854631 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Mindseye Lighting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D James

REGISTERED OFFICE:

The Coach House

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

03854631 (England and Wales)

FIXED ASSETS

Tangible assets

4

10,202

2,253

CURRENT ASSETS

Debtors

5

99,550

89,913

CREDITORS

Amounts falling due within one year

6

105,031

186,092

NET CURRENT LIABILITIES

(5,481

)

(96,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,721

(93,926

)

PROVISIONS FOR LIABILITIES

3,666

3,666

NET ASSETS/(LIABILITIES)

1,055

(97,592

)

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

200

200

Retained earnings

755

(97,892

)

SHAREHOLDERS' FUNDS

1,055

(97,592

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

D James - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

-

12,648

19,109

31,757

Additions

11,000

233

696

11,929

At 31 December 2024

11,000

12,881

19,805

43,686

DEPRECIATION

At 1 January 2024

-

11,330

18,174

29,504

Charge for year

2,750

302

928

3,980

At 31 December 2024

2,750

11,632

19,102

33,484

NET BOOK VALUE

At 31 December 2024

8,250

1,249

703

10,202

At 31 December 2023

-

1,318

935

2,253

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

91,389

78,068

Other debtors

6,392

6,392

VAT

1,769

5,453

99,550

89,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

1,439

33,591

Trade creditors

11,525

12,063

Tax

12,491

-

Social security and other taxes

31,300

28,426

Other creditors

42,298

42,884

Directors' current accounts

470

64,450

Accrued expenses

5,508

4,678

105,031

186,092

7.	ULTIMATE CONTROLLING PARTY

The controlling party is D James.