REGISTERED NUMBER: 10063231 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

HARBOUR LIGHTS CUMBRIA LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J S Attwood

REGISTERED OFFICE:

The Gin Mill

Steel Green

Millom

Cumbria

LA18 4LG

REGISTERED NUMBER:

10063231 (England and Wales)

BANKERS:

Handelsbanken

First Floor East

Bridge Mills

Stramongate

Kendal

LA9 4BD

FIXED ASSETS

Tangible assets

4

1,563,211

1,257,238

CURRENT ASSETS

Stocks

-

37,200

Debtors

52,345

72,436

Cash at bank and in hand

112,959

90,279

165,304

199,915

CREDITORS

Amounts falling due within one year

230,240

247,697

NET CURRENT LIABILITIES

(64,936

)

(47,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,498,275

1,209,456

CREDITORS

Amounts falling due after more than one year

1,151,970

839,970

NET ASSETS

346,305

369,486

CAPITAL AND RESERVES

Called up share capital

6

102

102

Retained earnings

346,203

369,384

SHAREHOLDERS' FUNDS

346,305

369,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 June 2026 and were signed by:

Mr J S Attwood - Director

1.	STATUTORY INFORMATION

Harbour Lights Cumbria 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets

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

Improvements to property

-

2% on cost

Plant and machinery

-

15% on cost and 10% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 6 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

1,434,547

Additions

457,283

Disposals

(96,215

)

At 31 March 2026

1,795,615

DEPRECIATION

At 1 April 2025

177,309

Charge for year

89,601

Eliminated on disposal

(34,506

)

At 31 March 2026

232,404

NET BOOK VALUE

At 31 March 2026

1,563,211

At 31 March 2025

1,257,238

The net book value of tangible fixed assets includes £435,724 (2025: £295,109) in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £51,542 (2024: £33,869) for the financial year.

5.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

414,148

281,734

Other loans

860,000

633,000

1,274,148

914,734

Handlesbanken Plc holds two debentures over the company, one fixed charge over the land on the west side of the Gin Mill, Millom, and one fixed and floating over the company buildings, fixtures and fixed plant and machinery on the property.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

£1

100

100

1

A Dividend

£1

1

1

1

B Dividend

£1

1

1

102

102

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Mr J S Attwood

Balance outstanding at start of year

-

-

Amounts advanced

12,704

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,704

-

The loan is interest free, unsecured and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J S Attwood.