| Lighthouse International Centre |
| Registered number: |
07928242 |
| Balance Sheet |
| as at 31 January 2019 |
|
| Notes |
|
|
2019 |
|
|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,501 |
|
|
1,651 |
|
| Current assets |
| Debtors |
3 |
|
1,009 |
|
|
1,009 |
| Cash at bank and in hand |
|
|
1,867 |
|
|
261 |
|
|
|
2,876 |
|
|
1,270 |
|
| Creditors: amounts falling due within one year |
4 |
|
(10,351) |
|
|
(1,740) |
|
| Net current liabilities |
|
|
|
(7,475) |
|
|
(470) |
|
| Net (liabilities)/assets |
|
|
|
(5,974) |
|
|
1,181 |
|
|
|
|
|
|
|
|
| Reserves |
| Income and expenditure account |
|
|
|
(5,974) |
|
|
1,181 |
|
| Total funds |
|
|
|
(5,974) |
|
|
1,181 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Peter Pennant |
| Director |
| Approved by the board on 1 October 2019 |
|
| Lighthouse International Centre |
| Notes to the Accounts |
| for the year ended 31 January 2019 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 February 2018 |
4,670 |
|
Additions |
193 |
|
At 31 January 2019 |
4,863 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2018 |
3,019 |
|
Charge for the year |
343 |
|
At 31 January 2019 |
3,362 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2019 |
1,501 |
|
At 31 January 2018 |
1,651 |
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2019 |
|
2018 |
| £ |
£ |
|
|
Other debtors |
1,009 |
|
1,009 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Accruals |
400 |
|
800 |
|
Other creditors |
9,951 |
|
940 |
|
|
|
|
|
|
10,351 |
|
1,740 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Controlling party |
|
|
Mr Peter Pennant has the right to exercise, or actually exercises, significant influence or control over the organisation. |
|
|
| 6 |
Other information |
|
|
Lighthouse International Centre is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
325 High Street |
|
West Bromwich |
|
B70 8LU |
