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Registration number: 09680713

CFE Lighting Ltd
Filleted Financial Statements
for the Year Ended 30 April 2025

CFE Lighting Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 9

CFE Lighting Ltd

Company Information

Director | Mr C Baldwin

Registered office | Unit 6 Pendle Court Nelson Lancashire BB9 7BT

Auditors | Hargreaves Brown & Benson Chartered Accountants and Registered Auditor 1 Bond Street Colne Lancashire BB8 9DG

CFE Lighting Ltd

(Registration number: 09680713)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,258 | 5,010
Current assets |  |  |
Stocks | 5 | 150,805 | 158,982
Debtors | 6 | 192,913 | 189,243
Cash at bank and in hand |  | 14,195 | 14
|  | 357,913 | 348,239
Creditors: Amounts falling due within one year | 7 | (9,487) | (570,268)
Net current assets/(liabilities) |  | 348,426 | (222,029)
Total assets less current liabilities |  | 352,684 | (217,019)
Creditors: Amounts falling due after more than one year | 7 | (1,445,770) | (817,649)
Provisions for liabilities |  | 51,710 | 37,105
Net liabilities |  | (1,041,376) | (997,563)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (1,041,476) | (997,663)
Shareholders' deficit |  | (1,041,376) | (997,563)

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 23 December 2025

......................................... Mr C Baldwin Director

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 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:
Unit 6
Pendle Court
Nelson
Lancashire
BB9 7BT

These financial statements were authorised for issue by the director on 23 December 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 financial statements contain information about CFE Lighting Ltd as an individual company.
The functional currency is considered to be Pounds Sterling because it is the operational currency of the primary economic environment in which the company operates.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 23 December 2025 was Steven Wood, who signed for and on behalf of Hargreaves Brown & Benson.

Going concern

The financial statements have been prepared on a going concern basis. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for at least a year from the date of approval of the financial statements by virtue of a commitment from the Baldwin Engineering Group to finance its operations. The director thus continues to adopt the going concern basis for accounting in preparing the annual financial statements.

Tax

The tax expense for the period comprises deferred 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.

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

The current Corporation 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Intangible assets

Intangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated amortisation and accumulated impairment losses. Internally generated development costs are identified where there is an expectation that this cost can be reliably measured and will generate probable future economic benefits which will exceed one year are recognised as an intangible asset.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Development costs | Over 3 years

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 over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Property improvements | 10% Straight line per annum
Furniture, fittings and equipment | 15% Reducing balance per annum

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.
Trade debtors and other receivables are recognised initially at the transaction price less provision for impairment. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Trade creditors and other payables are recognised at the original transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit And Loss Account as interest payable over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation, and a reliable estimate can be made of the amount of the obligation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

Financial instruments

Classification
Financial instruments are classified, and accounted for, according to the substance of the contractual arrangement, as financial seets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Recognition and measurement
Basic financial instruments, including trade and other receivables, cash and bank balances, and trade and other payables, are initially recognised at the transaction price.
Impairment
At the end of each accounting period, financial instruments are assessed for objective evidence of impairment. If the asset is impaired the impairment loss is recognised in the profit or loss for the accounting period.

Current versus non-current classification

Financial instruments are classified as current iif there is no unconditional right at the end of the reporting period, to defer settlement of the financial instrument for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current.

3 | Staff numbers

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

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 May 2024 | 9,482 | 9,482
At 30 April 2025 | 9,482 | 9,482
Depreciation
At 1 May 2024 | 4,472 | 4,472
Charge for the year | 752 | 752
At 30 April 2025 | 5,224 | 5,224
Carrying amount
At 30 April 2025 | 4,258 | 4,258
At 30 April 2024 | 5,010 | 5,010

5 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 150,805 | 158,982

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 1,361 | 1,904
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 9 | 181,716 | 180,595
Prepayments |  | 6,769 | 6,744
Other debtors |  | 3,067 | -
|  | 192,913 | 189,243

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | - | 552,799
Trade creditors |  | 3,607 | 5,488
Taxation and social security |  | 1,077 | 2,771
Accruals and deferred income |  | 4,803 | 9,210
|  | 9,487 | 570,268

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other non-current financial liabilities | 1,445,770 | 817,649

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | - | 552,799

9 | Related party transactions

Summary of transactions with parent

Baldwin Engineering Group Limited
During the year Baldwin Engineering Group Limited advanced unsecured loans to the company. At 30 April 2025 the amounts payable in respect of loans amounted to £452,036 (2024 - £438,693). There are no fixed terms for repayment and the loan is repayable on demand.

CFE Lighting Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

Summary of transactions with other related parties

Subsidiary companies of Baldwin Engineering Holdings Limited Group
During the year Sugden Limited, a fellow subsidiary of Baldwin Engineering Group Limited advanced unsecured loans to the company. At 30 April 2025 the amounts repayable in respect of loans amounted to £993,734 (2024 - £378,956). There are no fixed terms for repayment and the loan is repayable on demand.
During the year the company advanced unsecured, interest-free loans to Baldwin Technical Services Limited, a fellow subsidiary of Baldwin Engineering Group Limited. At 30 April 2025 the amounts recoverable in respect of loans amounted to £181,716 (2024 - £180,595). There are no fixed terms for repayment and the loan is recoverable on demand.

10 | Parent and ultimate parent undertaking

The company's immediate parent is Baldwin Engineering Group Limited, incorporated in England and Wales.
The largest and smallest group into which these financial statements are consolidated is Baldwin Engineering Group Limited. The consolidated financial statements of Baldwin Engineering Group
Limited are available upon request from the Registrar of Companies, Companies House, Crown Way, Cardiff, CF14 3UZ.