Candlet limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 04693378

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	254,629		250,000
Cash at bank and in hand		-		433

		254,629		250,433
Creditors: Amounts Falling Due Within One Year	6	(131,267 )		(125,005 )

NET CURRENT ASSETS (LIABILITIES)			123,362		125,428

TOTAL ASSETS LESS CURRENT LIABILITIES			123,362		125,428

NET ASSETS			123,362		125,428

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			123,361		125,427

SHAREHOLDERS' FUNDS			123,362		125,428

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Kenneth Ferriss

Director

27/08/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Candlet limited is a private company, limited by shares, incorporated in England & Wales, registered number 04693378 . The registered office is Candlet Farm, Gulpher Road, Trimley St Mary, Suffolk, IP11 9QZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% per annum

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	244

As at 31 March 2025	244

Depreciation
As at 1 April 2024	244

As at 31 March 2025	244

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Stocks

	2025	2024
	£	£
Work in progress	254,629	250,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	420	420
Director's loan account	130,847	124,585

	131,267	125,005

Page 2

Page 3

Candlet limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1