IMOON Lighting (UK) Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08130525 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

IMOON Lighting (UK) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

R S Coleman

Ms S L Deaville

REGISTERED OFFICE:

Caspian House

Caspian Road

Altrincham

Cheshire

WA14 5HH

REGISTERED NUMBER:

08130525 (England and Wales)

ACCOUNTANTS:

John A. Walker Accountancy Services

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

FIXED ASSETS

Tangible assets

4

2,485

2,924

CURRENT ASSETS

Stocks

18,353

15,526

Debtors

5

137,737

153,718

Cash in hand

13,646

11,632

169,736

180,876

CREDITORS

Amounts falling due within one year

6

165,172

182,717

NET CURRENT ASSETS/(LIABILITIES)

4,564

(1,841

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,049

1,083

CREDITORS

Amounts falling due after more than one year

7

6,944

-

NET ASSETS

105

1,083

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

103

1,081

SHAREHOLDERS' FUNDS

105

1,083

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 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 Board of Directors on 26 September 2018 and were signed on its behalf by:

Ms S L Deaville - Director

1.	STATUTORY INFORMATION

IMOON Lighting (UK) 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.

Stocks

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

obsolete and slow moving items.

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

5,407

DEPRECIATION

At 1 January 2017

2,483

Charge for year

439

At 31 December 2017

2,922

NET BOOK VALUE

At 31 December 2017

2,485

At 31 December 2016

2,924

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

121,863

149,649

Other debtors

15,874

4,069

137,737

153,718

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans and overdrafts

29,811

8,617

Trade creditors

106,309

137,565

Taxation and social security

28,050

35,665

Other creditors

1,002

870

165,172

182,717

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans

6,944

-

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance Sheet. Readers are cautioned that the

Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

John A. Walker Accountancy Services

1a Davyhulme Circle

Urmston

Manchester

Greater Manchester

M41 0ST

Date: .............................................