REGISTERED NUMBER: 01136769 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Forma Lighting Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Saul Guido Maghnagi

Mr Lawrence Renzo Maghnagi

REGISTERED OFFICE:

Unit 3 Mitcham Industrial Estate

85 Streatham Road

Mitcham

Surrey

CR4 2AP

REGISTERED NUMBER:

01136769 (England and Wales)

ACCOUNTANTS:

AFE Accountants Limited

North London Business Park

Oakleigh Road South

New Southgate

London

N11 1GN

FIXED ASSETS

Property, plant and equipment

4

656,910

669,388

CURRENT ASSETS

Debtors

5

212,023

232,589

Cash at bank

425,832

382,921

637,855

615,510

CREDITORS

Amounts falling due within one year

6

116,645

114,941

NET CURRENT ASSETS

521,210

500,569

TOTAL ASSETS LESS CURRENT LIABILITIES

1,178,120

1,169,957

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,177,120

1,168,957

1,178,120

1,169,957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2026 and were signed on its behalf by:

Mr Saul Guido Maghnagi - Director

1.	STATUTORY INFORMATION

Forma Lighting 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.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

1,236,765

37,013

1,273,778

Additions

-

13,030

13,030

At 31 December 2025

1,236,765

50,043

1,286,808

DEPRECIATION

At 1 January 2025

568,232

36,158

604,390

Charge for year

24,736

772

25,508

At 31 December 2025

592,968

36,930

629,898

NET BOOK VALUE

At 31 December 2025

643,797

13,113

656,910

At 31 December 2024

668,533

855

669,388

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

17,650

Amounts owed by participating interests

167,579

167,579

Other debtors

44,444

47,360

212,023

232,589

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

7,127

6,558

Taxation and social security

20,059

14,437

Other creditors

89,459

93,946

116,645

114,941

7.	RELATED PARTY DISCLOSURES

The company owns a controlling equity interest of 55% in Foma Lighting (Hong Kong) Ltd, trading in similar products. Mr L R Maghnagi is a director of both companies.

During the year under review, the company's sales made in the ordinary course of business to this overseas subsidiary company amounted to the sum of £nil (2024:£nil).

Management charges from Forma Lighting Limited, a company under the control of Mr S G Maghnagi and Mr L R Maghnagi (non-executive director) amounted to £185,917 for the year to 31 December 2025 (2024:£170,969).