SPS Lighting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03854894 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2017

FOR

SPS LIGHTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T J Smith

SECRETARY:

Mrs L Smith

REGISTERED OFFICE:

225 London Road

Burgess Hill

West Sussex

RH15 9QU

REGISTERED NUMBER:

03854894 (England and Wales)

ACCOUNTANTS:

Peter Lawson & Co.

225 London Road

Burgess Hill

West Sussex

RH15 9QU

CURRENT ASSETS

Debtors

3

5,682

CREDITORS

Amounts falling due within one year

4

2,695

2,532

NET CURRENT ASSETS

2,987

3,150

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,987

3,150

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

2,986

3,149

SHAREHOLDERS' FUNDS

2,987

3,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2017 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 2nd November 2017 and were signed by:

T J Smith - Director

1.	STATUTORY INFORMATION

SPS Lighting Limited 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.

The financial statements are prepared in accordance with applicable accounting standards and under the

historical cost convention and include the results of the business' operations, all of which are continuing.

The principle accounting policies, which the director has adopted, are set out below.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Other debtors

5,682

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Directors' current accounts

2,595

2,132

Accrued expenses

100

400

2,695

2,532

5.	CONTINGENT LIABILITIES

There were no known contingent liabilities as at the Balance sheet date.

6.	CAPITAL COMMITMENTS

2017

2016

£

Contracted but not provided for in the

financial statements

-

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2017 and

31st October 2016:

2017

2016

£

T J Smith

Balance outstanding at start of year

(2,132

)

(12,541

)

Amounts advanced

-

10,409

Amounts repaid

(463

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(2,595

)

(2,132

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is T J Smith.

SPS Lighting Limited - Accounts to registrar (filleted) - small 17.3

SPS Lighting Limited - Accounts to registrar (filleted) - small 17.3