Registration number: 09894396

The Light Yard Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

The Light Yard Ltd

(Registration number: 09894396)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,071	3,214
Current assets
Debtors	5	19,262	17,773
Cash at bank and in hand		27,284	39,477
		46,546	57,250
Creditors: Amounts falling due within one year	6	(41,893)	(57,488)
Net current assets/(liabilities)		4,653	(238)
Total assets less current liabilities		6,724	2,976
Provisions for liabilities		(518)	(804)
Net assets		6,206	2,172
Capital and reserves
Called up share capital		2	2
Retained earnings		6,204	2,170
Shareholders' funds		6,206	2,172

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:
 

......................................... Mr J Fuller Director

The Light Yard Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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:
1 Pavilion Square
Cricketers Way
Westhoughton
Bolton
BL5 3AJ
United Kingdom

These financial statements were authorised for issue by the Board on 13 May 2026.

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.

Revenue recognition

Turnover represents the invoice value of goods sold net of VAT and trade discounts. It is recognised when the risks and rewards of ownership have been transferred to the customer, usually at the point of sale or on delivery.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and 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.

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.

The Light Yard Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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.

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
Office Equipment	25% straight line
Fixtures and fittings	20% straight line
Plant & Machinery	20% straight line

3	Staff numbers

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

The Light Yard Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Other tangible assets  £	Total £
Cost or valuation
At 1 December 2024	10,210	6,059	-	16,269
Additions	515	978	208	1,701
At 30 November 2025	10,725	7,037	208	17,970
Depreciation
At 1 December 2024	7,599	5,622	42	13,263
Charge for the year	2,145	449	42	2,636
At 30 November 2025	9,744	6,071	84	15,899
Carrying amount
At 30 November 2025	981	966	124	2,071
At 30 November 2024	2,611	437	166	3,214

5

Debtors

Current	2025 £	2024 £
Trade debtors	4,092	3,866
Prepayments	437	723
Other debtors	14,733	13,184
	19,262	17,773

The Light Yard Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	23,656	23,023
Accruals and deferred income	1,080	830
Other creditors	17,157	33,635
	41,893	57,488