Renegade Lighting Design Limited - Accounts to registrar (filleted) - small 18.1
Renegade Lighting Design Limited - Accounts to registrar (filleted) - small 18.1
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 October 2017 |
| for |
| Renegade Lighting Design Limited |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Contents of the Financial Statements |
| for the Year Ended 31 October 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Renegade Lighting Design Limited |
| Company Information |
| for the Year Ended 31 October 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Suites 12-14 |
| 3rd Floor, Vantage Point |
| New England Road |
| Brighton |
| East Sussex |
| BN1 4GW |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Balance Sheet |
| 31 October 2017 |
| 31.10.17 | 31.10.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Balance Sheet - continued |
| 31 October 2017 |
| 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 |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Notes to the Financial Statements |
| for the Year Ended 31 October 2017 |
| 1. | STATUTORY INFORMATION |
| Renegade Lighting Design Limited is a |
| 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 |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. |
| Freehold land is not depreciated as the directors believe that the rate at which this asset is being consumed is so |
| immaterial that any such depreciation charge would be negligible. |
| STOCKS |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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. |
| DEFERRED TAX |
| Deferred Tax is recognized in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 November 2016 |
| Additions |
| At 31 October 2017 |
| DEPRECIATION |
| At 1 November 2016 |
| Charge for year |
| At 31 October 2017 |
| NET BOOK VALUE |
| At 31 October 2017 |
| At 31 October 2016 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 November 2016 |
| Additions |
| At 31 October 2017 |
| DEPRECIATION |
| At 1 November 2016 |
| Charge for year |
| At 31 October 2017 |
| NET BOOK VALUE |
| At 31 October 2017 |
| At 31 October 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.17 | 31.10.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Renegade Lighting Design Limited (Registered number: 04926425) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 October 2017 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.17 | 31.10.16 |
| £ | £ |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | - | 13,515 |
| Other creditors |
| Net Wages | 12,098 | 13,124 |
| Payment on account | (2,834 | ) | 55 |
| Directors' loan accounts | 11,579 | - |
| Accrued expenses |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 31.10.17 | 31.10.16 |
| £ | £ |
| Between one and five years |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.10.17 | 31.10.16 |
| £ | £ |
| Deferred tax | 5,603 | 7,585 |
| Deferred |
| tax |
| £ |
| Balance at 1 November 2016 |
| Credit to Income Statement during year | ( |
) |
| Balance at 31 October 2017 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £210,000 (2016 - £364,309) were paid to the director . |
| N Gray |
| Director. |
| During the year under review the company was provided with an interest free and unsecured loan from the |
| director. The loan was repayable on demand. |
| 31.10.17 | 31.10.16 |
| £ | £ |
| Amount due (to)/from related party at the balance sheet date | (11,579 | ) | 65,000 |