LIGHT & HAZE LTD 31/03/2026 iXBRL

Company registration number: 15601580

LIGHT & HAZE LTD

Unaudited filleted financial statements

31 March 2026

LIGHT & HAZE LTD

Contents

Directors and other information

Accountant's report

Statement of financial position

Notes to the financial statements

LIGHT & HAZE LTD

Directors and other information


	Director	Mr Matthew Sefton


	Company number	15601580


	Registered office	66A Highland Drive
		Loughborough
		LE11 2HU


	Accountant	J Pedley-Smith
		38 Newick Avenue
		Sutton Coldfield
		West Midlands
		B74 3DA

LIGHT & HAZE LTD

Report to the director on the preparation of the

unaudited statutory financial statements of LIGHT & HAZE LTD

Year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of LIGHT & HAZE LTD for the year ended 31 March 2026 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the director of LIGHT & HAZE LTD, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of LIGHT & HAZE LTD and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than LIGHT & HAZE LTD and its director as a body for my work or for this report.

It is your duty to ensure that LIGHT & HAZE LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of LIGHT & HAZE LTD. You consider that LIGHT & HAZE LTD is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of LIGHT & HAZE LTD. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

J Pedley-Smith

Chartered Certified Accountant

38 Newick Avenue

Sutton Coldfield

West Midlands

B74 3DA

7 May 2026

LIGHT & HAZE LTD

Statement of financial position

31 March 2026

		2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	36,083		39,751
		_______		_______
			36,083		39,751

Current assets
Debtors	6	33,084		30,298
Cash at bank and in hand		18,411		23,208
		_______		_______
		51,495		53,506
Creditors: amounts falling due
within one year	7	( 48,148)		( 70,358)
		_______		_______
Net current assets/(liabilities)			3,347		( 16,852)
			_______		_______
Total assets less current liabilities			39,430		22,899


Provisions for liabilities			( 6,855)		( 7,552)

			_______		_______
Net assets			32,575		15,347
			_______		_______

Capital and reserves
Called up share capital	8		1		1
Profit and loss account			32,574		15,346
			_______		_______
Shareholders funds			32,575		15,347
			_______		_______

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 07 May 2026 , and are signed on behalf of the board by:

Mr Matthew Sefton

Director

Company registration number: 15601580

LIGHT & HAZE LTD

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is 66A Highland Drive, Loughborough, LE11 2HU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2025	36,347	13,771	50,118
Additions	5,587	-	5,587
	_______	_______	_______
At 31 March 2026	41,934	13,771	55,705
	_______	_______	_______
Depreciation
At 1 April 2025	6,924	3,443	10,367
Charge for the year	6,673	2,582	9,255
	_______	_______	_______
At 31 March 2026	13,597	6,025	19,622
	_______	_______	_______
Carrying amount
At 31 March 2026	28,337	7,746	36,083
	_______	_______	_______
At 31 March 2025	29,423	10,328	39,751
	_______	_______	_______

6. Debtors

	2026	2025
	£	£
Trade debtors	33,084	27,833
Other debtors	-	2,465
	_______	_______
	33,084	30,298
	_______	_______

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	13,232	15,779
Social security and other taxes	4,384	8,419
Other creditors	30,532	46,160
	_______	_______
	48,148	70,358
	_______	_______

8. Called up share capital

Issued, called up and fully paid

	2026		2025
	No	£	No	£
Ordinary shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______

9. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2026
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Mr Matthew Sefton	( 45,460)	15,828	( 29,632)
		_______	_______	_______

2025
		Balance brought forward	Advances /(credits) to the director	Balance o/standing
		£	£	£
	Mr Matthew Sefton	-	( 45,460)	( 45,460)
		_______	_______	_______

Other creditors includes a loan made to the company from the Director amounting to £29,632 (2025:£45,460). This loan is interest free and repayable on demand.