Fulham Lighting Company Limited - Accounts

FULHAM LIGHTING COMPANY LIMITED - Company Information

Fulham Lighting Company Limited 09926697 Development and production of electric lighting controls false 1 January 2018 09926697 2018-01-01 2018-12-31 09926697 2017-12-31 09926697 2018-12-31 09926697 2017-01-01 2017-12-31 09926697 2016-12-31 09926697 2017-12-31 09926697 frs102-bus:FRS102 2018-01-01 2018-12-31 09926697 frs102-bus:PrivateLimitedCompanyLtd 2018-01-01 2018-12-31 09926697 frs102-bus:FullAccounts 2018-01-01 2018-12-31 09926697 frs102-bus:AuditExempt-NoAccountantsReport 2018-01-01 2018-12-31 09926697 frs102-core:CurrentFinancialInstruments 2018-12-31 09926697 frs102-core:CurrentFinancialInstruments 2017-12-31 09926697 frs102-core:ShareCapital 2018-12-31 09926697 frs102-core:ShareCapital 2017-12-31 09926697 frs102-core:SharePremium 2018-12-31 09926697 frs102-core:SharePremium 2017-12-31 09926697 frs102-core:RetainedEarningsAccumulatedLosses 2018-12-31 09926697 frs102-core:RetainedEarningsAccumulatedLosses 2017-12-31 09926697 frs102-bus:Director1 2018-01-01 2018-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares

	Registered number
	09926697

	Fulham Lighting Company Limited
	Unaudited Accounts
	for the year ended
	31 December 2018

Fulham Lighting Company Limited Balance Sheet as at 31 December 2018
	Notes		2018 £		2017 £
Fixed assets
Tangible assets			250		250
			250		250

Current assets
Stocks		8,780		8,821
Debtors		17,438		54,751
Cash at bank and in hand		0		3,097
		26,218		66,669

Creditors: amounts falling due within one year		(4,130)		(79,633)

Net current assets / (liabilities)			22,088		(12,964)

Total assets less current liabilities			22,338		(12,714)

Provisions for liabilities			(3,568)		(0)

Accruals and deferred income			(19,811)		(26,050)

Total net assets (liabilities)			(1,041)		(38,764)

Capital and reserves
Called up share capital			100		100
Share premium account			8,200		8,200
Profit and loss account			(9,341)		(47,064)
Shareholders' funds			(1,041)		(38,764)

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr F Mak

Director

Approved by the board on 24 September 2019

Company Number: 09926697 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

71-75 SHELTON STREET
Covent Garden
London
WC2H 9JQ
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

	Going concern basis
	The Company ceased trading at the end of 2018. The Directors are looking to unwind the Company in an orderly manner. Accordingly the accounts have been prepared on the assumption that the Company is able to carry on business as a going concern.

	Revenue recognition
	Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

	Tangible fixed assets depreciation policy
	Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

	Stocks
	Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.

Stocks

Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.