VANGUARD LIGHTING LIMITED

VANGUARD LIGHTING LIMITED

VANGUARD LIGHTING LIMITED - Company Information

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VANGUARD LIGHTING LIMITED

Company Registration Number:
02121771 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2020

Period of accounts

Start date: 1 January 2020

End date: 31 December 2020

VANGUARD LIGHTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Additional notes
Balance sheet notes

VANGUARD LIGHTING LIMITED

Balance sheet

As at 31 December 2020

Notes 2020 2019


£
£
Fixed assets
Tangible assets: 3 488,683 487,429
Investments: 4 50,000 50,000
Total fixed assets: 538,683 537,429
Current assets
Debtors: 5 60,480 37,201
Cash at bank and in hand: 1,673 49
Total current assets: 62,153 37,250
Creditors: amounts falling due within one year: 6 ( 106,463 ) ( 93,729 )
Net current assets (liabilities): (44,310) (56,479)
Total assets less current liabilities: 494,373 480,950
Creditors: amounts falling due after more than one year: 7 ( 26,000 )
Provision for liabilities: ( 63,971 ) ( 63,733 )
Total net assets (liabilities): 404,402 417,217
Capital and reserves
Called up share capital: 250 250
Other reserves: 338,422 338,422
Profit and loss account: 65,730 78,545
Total Shareholders' funds: 404,402 417,217

The notes form part of these financial statements

VANGUARD LIGHTING LIMITED

Balance sheet statements

For the year ending 31 December 2020 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 December 2021
and signed on behalf of the board by:

Name: Mr Peter Gilbert FitzGerald
Status: Director

The notes form part of these financial statements

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

  • 2. Employees

    2020 2019
    Average number of employees during the period 4 4

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2020 479,630 8,995 488,625
Additions 2,851 2,851
Disposals
Revaluations
Transfers
At 31 December 2020 479,630 11,846 491,476
Depreciation
At 1 January 2020 1,196 1,196
Charge for year 1,597 1,597
On disposals
Other adjustments
At 31 December 2020 2,793 2,793
Net book value
At 31 December 2020 479,630 9,053 488,683
At 31 December 2019 479,630 7,799 487,429

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Fixed assets investments note

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Debtors

2020 2019
£ £
Trade debtors 59,535 37,201
Prepayments and accrued income 945
Total 60,480 37,201

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

6. Creditors: amounts falling due within one year note

2020 2019
£ £
Bank loans and overdrafts 34,987 35,395
Trade creditors 152 3,028
Taxation and social security 54,386 33,605
Accruals and deferred income 16,938 21,701
Total 106,463 93,729

VANGUARD LIGHTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

7. Creditors: amounts falling due after more than one year note

2020
£
Bank loans and overdrafts 26,000
Total 26,000