Stage Lighting Solutions Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09375015 (England and Wales)

STAGE LIGHTING SOLUTIONS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr S Swift

REGISTERED OFFICE:

31 St John's

Worcester

Worcestershire

WR2 5AG

BUSINESS ADDRESS:

Unit 4

Hope House Farm Barns

Hope Lane

Martley

Worcestershire

WR6 6QF

REGISTERED NUMBER:

09375015 (England and Wales)

ACCOUNTANTS:

Gardiner Fosh

Chartered Accountants and Statutory Auditor

31 St John's

Worcester

Worcestershire

WR2 5AG

FIXED ASSETS

Tangible assets

4

2,114

3,170

CURRENT ASSETS

Stocks

991

949

Debtors

5

6,697

757

Cash at bank

10,136

15,599

17,824

17,305

CREDITORS

Amounts falling due within one year

6

16,682

16,718

NET CURRENT ASSETS

1,142

587

TOTAL ASSETS LESS CURRENT LIABILITIES

3,256

3,757

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

2,256

2,757

SHAREHOLDERS' FUNDS

3,256

3,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 August 2017 and were signed by:

Mr S Swift - Director

1.	STATUTORY INFORMATION

Stage Lighting Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

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 cost

Stocks

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

items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

4,226

DEPRECIATION

At 1 January 2016

1,056

Charge for year

1,056

At 31 December 2016

2,112

NET BOOK VALUE

At 31 December 2016

2,114

At 31 December 2015

3,170

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

2,279

757

Other debtors

4,418

-

6,697

757

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

3,461

186

Taxation and social security

4,732

8,022

Other creditors

8,489

8,510

16,682

16,718

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2016

2015

£

£

Between one and five years

16,275

-

8.	RELATED PARTY DISCLOSURES