Company Registration No. 08025300 (England and Wales)
Brightlight Businesses Limited
Unaudited accounts
for the year ended 30 April 2017
Brightlight Businesses Limited
Unaudited accounts
Contents
Brightlight Businesses Limited
Company Information
for the year ended 30 April 2017
Director
Mia Lara Forbes Pirie
Company Number
08025300 (England and Wales)
Registered Office
24 ABDALE ROAD
LONDON
W12 7ET
Accountants
Xceptional Consultancy Ltd
26 Finsbury Square
Lower Ground Floor
London
EC2A 1DS
Brightlight Businesses Limited
Statement of financial position
as at 30 April 2017
Cash at bank and in hand
8,450
9,569
Creditors: amounts falling due within one year
(31,408)
(18,662)
Net current (liabilities)/assets
(2,563)
8,574
Total assets less current liabilities
(2,563)
8,684
Creditors: amounts falling due after more than one year
-
1
Net (liabilities)/assets
(2,563)
8,685
Called up share capital
100
100
Profit and loss account
(2,663)
8,585
Shareholders' funds
(2,563)
8,685
For the year ending 30 April 2017 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 31 January 2018.
Mia Lara Forbes Pirie
Director
Company Registration No. 08025300
Brightlight Businesses Limited
Notes to the Accounts
for the year ended 30 April 2017
Brightlight Businesses Limited is a private company, limited by shares, registered in England and Wales, registration number 08025300. The registered office is 24 ABDALE ROAD, LONDON, W12 7ET.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
At 30th April 2017 the company had a net assets deficiency of £2,563, which includes related parties' loan of £30,199. However,
the financial statements have been prepared on going concern basis. The directors will act towards the company's profitability
in a foreseeable future.
Brightlight Businesses Limited
Notes to the Accounts
for the year ended 30 April 2017
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2016
550
1,000
1,550
At 30 April 2017
550
1,000
1,550
At 1 May 2016
440
1,000
1,440
Charge for the year
110
-
110
At 30 April 2017
550
1,000
1,550
At 30 April 2016
110
-
110
Raw materials
10,867
10,867
Amounts due after more than one year
6,800
6,800
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
-
3,435
Loans from directors
30,199
14,642
8
Creditors: amounts falling due after more than one year
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
Included in other creditors there is directors loan of £30,199. The Loan is unsecured, interest free and repayable on demand.
Brightlight Businesses Limited
Notes to the Accounts
for the year ended 30 April 2017
The ultimate controlling party is Mia Lara Forbes Pirie, the sole director and 100% shareholder of the company.
12
Average number of employees
During the year the average number of employees was 1 (2016: 1).
