Synergy Lighting Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04622522 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SYNERGY LIGHTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Jackson

Mr R J Dooley

Mr H B Jackson

SECRETARIES:

Mrs L J Jackson

Mrs S Adams

Mrs H C Pawley

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

04622522 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

131,504

469

CURRENT ASSETS

Stocks

5

444,398

287,658

Debtors

6

599,973

1,318,713

Prepayments and accrued income

2,700

-

Cash at bank

556,918

315,867

1,603,989

1,922,238

CREDITORS

Amounts falling due within one year

7

831,828

1,148,292

NET CURRENT ASSETS

772,161

773,946

TOTAL ASSETS LESS CURRENT
LIABILITIES

903,665

774,415

CREDITORS

Amounts falling due after more than one
year

8

-

(39,140

)

PROVISIONS FOR LIABILITIES

9

(32,876

)

(117

)

NET ASSETS

870,789

735,158

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

870,787

735,156

SHAREHOLDERS' FUNDS

870,789

735,158

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

Synergy Lighting 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.

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.

Fixtures, fittings and equipment

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Motor vehicles

-

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. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Office

Motor

Computer

equipment

vehicles

equipment

Totals

£

COST

At 1 April 2025

-

2,875

Additions

11,777

1,654

132,731

999

147,161

At 31 March 2026

11,777

1,654

132,731

3,874

150,036

DEPRECIATION

At 1 April 2025

-

2,406

Charge for year

142

181

15,511

292

16,126

At 31 March 2026

142

181

15,511

2,698

18,532

NET BOOK VALUE

At 31 March 2026

11,635

1,473

117,220

1,176

131,504

At 31 March 2025

-

469

5.

STOCKS

2026

2025

£

Stocks

444,398

287,658

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

360,181

868,735

Amounts owed by group undertakings

233,992

449,978

Other debtors

5,800

-

599,973

1,318,713

Amounts owed by group undertakings represents a balance owed by Eclipse (Distributors) Limited, a group company.

Other debtors consists of rent deposit.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

-

48,360

Trade creditors

537,965

773,077

Tax

134,196

100,031

Social security and other taxes

7,255

6,899

VAT

130,020

199,352

Other creditors

1,412

1,256

Accrued expenses

20,980

19,317

831,828

1,148,292

Other creditors consists of pension contributions.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans - 1-2 years

-

39,140

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

32,876

117

Deferred tax

£

Balance at 1 April 2025

117

Provided during year

32,759

Accelerated capital allowances

Balance at 31 March 2026

32,876

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

2

Ordinary

£1

2

11.	RELATED PARTY DISCLOSURES

During the year, the company made payments to Eclipse (Distributors) Limited in respect of premises rent and rates and contributions to other overheads of £178,463 (2025: £104,259).

At the year end, there was an amount of £233,992 (2025: £449,978) due by Eclipse (Distributors) Limited (a group company).

In addition, the company made payments to AP Lamp Distributors Ltd, a company in which Mr H B Jackson is also a director, totalling £122,400 in respect of storage and project management services.

At the year end, there was an amount of £122,400 (2025: £Nil) owed to AP Lamp Distributors Ltd.

All of the above transactions were conducted at market rates.

12.	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.