Blinding Light Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04125167 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

BLINDING LIGHT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P J Stacey

Mrs B Stacey

SECRETARY:

Mrs B Stacey

REGISTERED OFFICE:

Unit 7, Heron Industrial Estate

Basingstoke Road,

Spencers Wood

Reading

Berkshire

RG7 1PJ

REGISTERED NUMBER:

04125167 (England and Wales)

ACCOUNTANTS:

Griffins

Chartered Accountants

Griffins Court

24-32 London Road

NEWBURY

Berkshire

RG14 1JX

FIXED ASSETS

Tangible assets

2

476,257

445,247

CURRENT ASSETS

Debtors

390,349

330,244

Cash at bank

41,880

10,359

432,229

340,603

CREDITORS

Amounts falling due within one year

3

403,090

301,988

NET CURRENT ASSETS

29,139

38,615

TOTAL ASSETS LESS CURRENT LIABILITIES

505,396

483,862

CREDITORS

Amounts falling due after more than one year

3

(85,598

)

(72,588

)

PROVISIONS FOR LIABILITIES

(87,284

)

(81,294

)

NET ASSETS

332,514

329,980

CAPITAL AND RESERVES

Called up share capital

4

7

6

Profit and loss account

332,507

329,974

SHAREHOLDERS' FUNDS

332,514

329,980

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 August 2015 and were signed on its behalf by:

P J Stacey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 10% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

747,449

Additions

97,529

Disposals

(13,700

)

At 31 March 2015

831,278

DEPRECIATION

At 1 April 2014

302,202

Charge for year

56,877

Eliminated on disposal

(4,058

)

At 31 March 2015

355,021

NET BOOK VALUE

At 31 March 2015

476,257

At 31 March 2014

445,247

3.

CREDITORS

Creditors include an amount of £ 200,797 (31/3/14 - £ 163,311 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

7

Ordinary

£1

7

6

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.