International Lighting Solutions Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04292709

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

International Lighting Solutions Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Rodger

V Thomassen

H Bergerud

SECRETARY:

M Rodger

REGISTERED OFFICE:

Suite 2

Victoria House

South Street

Farnham

Surrey

GU9 7QU

REGISTERED NUMBER:

04292709

ACCOUNTANTS:

Branston Adams

Suite 2, Victoria House

South Street

Farnham

Surrey

GU9 7QU

FIXED ASSETS

Tangible assets

2

8,248

10,635

CURRENT ASSETS

Stocks

5,325

950

Debtors

16,570

21,034

Cash at bank

39,028

61,668

60,923

83,652

CREDITORS

Amounts falling due within one year

66,890

91,629

NET CURRENT LIABILITIES

(5,967

)

(7,977

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,281

2,658

PROVISIONS FOR LIABILITIES

1,565

1,943

NET ASSETS

716

715

CAPITAL AND RESERVES

Called up share capital

3

60

Profit and loss account

656

655

SHAREHOLDERS' FUNDS

716

715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 16 February 2017 and were signed on
its behalf by:

M Rodger - 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 January 2015).

Turnover

Turnover represents income derived from ordinary activities after discounts and excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

32,137

Additions

826

At 30 September 2016

32,963

DEPRECIATION

At 1 October 2015

21,502

Charge for year

3,213

At 30 September 2016

24,715

NET BOOK VALUE

At 30 September 2016

8,248

At 30 September 2015

10,635

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

60

Ordinary

£1

60

4.	CONTROLLING PARTY

The company was under the control of its directors during the current and previous period.