REGISTERED NUMBER: 02895472 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ECLIPSE (DISTRIBUTORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R J Pawley

Mr D A Adams

Mr P Jackson

Mr H B Jackson

SECRETARIES:

Mr R J Pawley

Mrs H C Pawley

Mrs S Adams

Mrs L J Jackson

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

02895472 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

219,450

230,246

CURRENT ASSETS

Stocks

5

620,517

750,290

Debtors

6

1,011,228

1,188,285

Prepayments and accrued income

42,971

33,197

Cash at bank

1,281,693

730,562

2,956,409

2,702,334

CREDITORS

Amounts falling due within one year

7

1,495,818

1,414,426

NET CURRENT ASSETS

1,460,591

1,287,908

TOTAL ASSETS LESS CURRENT LIABILITIES

1,680,041

1,518,154

CREDITORS

Amounts falling due after more than one year

8

-

(39,140

)

PROVISIONS FOR LIABILITIES

10

(14,358

)

(17,088

)

NET ASSETS

1,665,683

1,461,926

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

1,665,681

1,461,924

SHAREHOLDERS' FUNDS

1,665,683

1,461,926

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 directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

Mr H B Jackson - Director

1.	STATUTORY INFORMATION

Eclipse (Distributors) Limited 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.

Long leasehold

-

2% on cost

Improvements to property

-

25% on cost

Fixtures, fittings & equipment

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Where the exchange rate has not fluctuated significantly during the year an average exchange rate is used throughout the period.

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 10 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Long

Improvements

fittings &

leasehold

to property

equipment

£

£

£

COST

At 1 April 2025

251,077

72,070

70,889

Additions

-

-

9,723

At 31 March 2026

251,077

72,070

80,612

DEPRECIATION

At 1 April 2025

81,556

72,070

26,431

Charge for year

4,869

-

12,344

At 31 March 2026

86,425

72,070

38,775

NET BOOK VALUE

At 31 March 2026

164,652

-

41,837

At 31 March 2025

169,521

-

44,458

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2025

32,895

79,524

506,455

Additions

1,190

3,156

14,069

At 31 March 2026

34,085

82,680

520,524

DEPRECIATION

At 1 April 2025

26,793

69,359

276,209

Charge for year

2,163

5,489

24,865

At 31 March 2026

28,956

74,848

301,074

NET BOOK VALUE

At 31 March 2026

5,129

7,832

219,450

At 31 March 2025

6,102

10,165

230,246

The long leasehold property is subject to a 125 year lease commencing on 27th October 1988, it was acquired by the company on 12th June 2008. The useful economic life of the property is considered to be 50 years. The property's address is Unit 2, Barrington Industrial Estate, Leicester, LEA 1ET.

The company has a long standing accounting policy of writing down all assets with a net book value of less than £500 to £Nil. The additional depreciation charge during the year relating to fixed asset write-downs was £2,197 (2025: £4,865).

5.

STOCKS

2026

2025

£

£

Stocks

620,517

750,290

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

891,143

857,509

Other debtors

29,800

25,000

VAT

90,285

305,776

1,011,228

1,188,285

Other debtors consists of an amount paid to the company's landlords by way of a security deposit for the renewed lease of the business premises.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

48,360

Trade creditors

874,541

501,386

Amounts owed to group undertakings

233,992

449,978

Tax

193,542

180,000

Social security and other taxes

7,154

5,315

Pension liability

1,061

712

Accrued expenses

185,528

228,675

1,495,818

1,414,426

Amounts owed to group undertakings relates to a balance due to Synergy Lighting Limited, a group company.

Accrued expenses consist of the following amounts:

Dilapidation provision on leasehold premises £155,000 (2025: £155,000)

Accountancy fees £12,305 (2025: £12,290)

Salaries owed £12,098 (2025: £14,363)

Rent receivable £6,125 (2025: £8,625)

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

39,140

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

130,543

95,100

Between one and five years

326,357

332,850

456,900

427,950

The lease commitments relate to the rental of premises.

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

14,358

17,088

Deferred tax

£

Balance at 1 April 2025

17,088

Provided during year

(2,730

)

Accelerated capital allowances

Balance at 31 March 2026

14,358

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

12.	RELATED PARTY DISCLOSURES

The company received an amount of £178,463 (2025: £104,259) from Synergy Lighting Limited (a group company) in respect of premises rent and rates and a contribution to other overheads.These transactions were undertaken at market rates. At the year end, an amount of £233,992 (2025: £449,978) was due to Synergy Lighting Limited, a group company.

During the year, the company traded with AP Lamp Distributors Limited, a company in which Hayden Jackson is a director. All trade was carried out on usual commercial terms. At the year end, an amount of £121,320 (2025: £Nil) was due to AP Lamp distributors Limited.

13.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party, no individual shareholder holds more than 47% of the issued share capital of the ultimate parent company DARAP Limited.