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THE LIGHTBULB COMPANY (UK) LIMITED - Company Information

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The Lightbulb Company (UK) Limited

Registered Number:02855611

For the period ended 31 October 2018

England and Wales

Unaudited Financial Statements

For the period ended 31 October 2018

The Lightbulb Company (UK) Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 October 2018

The Lightbulb Company (UK) Limited

Statement of Financial Position

Registered Number :

02855611

2018

Notes

Fixed assets

Property, plant and equipment

9,018

9,447

9,018

9,447

Current assets

Inventories

794,390

946,390

Trade and other receivables

650,427

751,077

393,501

Cash and cash equivalents

301,655

1,999,122

1,838,318

Trade and other payables: amounts falling due within one

year

(536,885)

(688,751)

1,301,433

1,310,371

Net current assets

Total assets less current liabilities

1,319,389

1,310,880

1,319,389

Net assets

1,310,880

Capital and reserves

Called up share capital

100

Retained earnings

1,319,289

1,310,780

1,319,389

1,310,880

Shareholders' funds

For the period ended 31 October 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

K Loveday Director

These financial statements were approved and authorised for issue by the Board on 01 May 2019 and were signed by:

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For the period ended 31 October 2018

The Lightbulb Company (UK) Limited

Statement of Financial Position Continued

The notes form part of these financial statements

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For the period ended 31 October 2018

The Lightbulb Company (UK) Limited

Notes to the Financial Statements

Statutory Information

The Lightbulb Company (UK) Limited is a private limited company, limited by shares, domiciled in England

and Wales, registration number 02855611.

Registered address:

Thomas Eddison House

41 Murdoch Road

Bicester

Oxon

OX26 4PP

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25% Reducing balance

Fixtures and fittings

Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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For the period ended 31 October 2018

The Lightbulb Company (UK) Limited

Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Fixtures and

fittings

Plant and

machinery

Cost or

valuation

At 01 September 2018

94,388

28,048

66,340

At 31 October 2018

66,340

28,048

94,388

Provision for depreciation and impairment

At 01 September 2018

84,941

23,373

61,568

Charge for period

429

212

217

At 31 October 2018

85,370

23,585

61,785

At 31 October 2018

Net book value

4,555

4,463

9,018

At 31 August 2018

4,772

4,675

9,447

3. Inventories

2018

Stocks

946,390

794,390

4. Trade and other receivables

2018

Trade debtors

482,528

392,754

Other debtors

268,549

257,673

650,427

751,077

5. Trade and other payables: amounts falling due within one year

2018

Trade creditors

214,833

140,898

Taxation and social security

60,518

30,509

Other creditors

413,400

365,478

688,751

536,885

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