Affinity Lighting Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09147225 (England and Wales)

Financial Statements

for the Year Ended 31 May 2018

for

AFFINITY LIGHTING SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

A J Wright

J W Wright

Registered office:

320 West Barnes Lane

New Malden

Surrey

KT3 6NB

Registered number:

09147225 (England and Wales)

Auditors:

Haines Watts

Chartered Accountants

Statutory Auditor

Aissela

46 High Street

Esher

Surrey

KT10 9QY

Current assets

Stocks

165,253

54,216

Debtors

4

4,334

24,404

Cash at bank

21,855

4,293

191,442

82,913

Creditors

Amounts falling due within one year

5

180,612

51,373

Net current assets

10,830

31,540

Total assets less current liabilities

10,830

31,540

Capital and reserves

Called up share capital

6

2

2

Retained earnings

10,828

31,538

Shareholders' funds

10,830

31,540

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 22 February 2019 and were signed on its behalf by:

J W Wright - Director

1.	Statutory information

Affinity Lighting Solutions 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

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 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 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.

3.	Employees and directors

The average number of employees during the year was 1 (2017 - NIL ) .

4.

Debtors: amounts falling due within one year

2018

2017

£

£

Trade debtors

4,334

24,404

5.

Creditors: amounts falling due within one year

2018

2017

£

£

Trade creditors

6,708

3,292

Amounts owed to group undertakings

171,904

39,682

Taxation and social security

-

6,399

Other creditors

2,000

2,000

180,612

51,373

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2

7.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Stephen Francis FCA (Senior Statutory Auditor)

for and on behalf of Haines Watts