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Unaudited Financial Statements for the Year Ended 30th April 2018 |
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INDO LIGHTING LIMITED |
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REGISTERED NUMBER:
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Unaudited Financial Statements for the Year Ended 30th April 2018 |
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for |
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INDO LIGHTING LIMITED |
INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Contents of the Financial Statements |
for the Year Ended 30th April 2018 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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INDO LIGHTING LIMITED |
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Company Information |
for the Year Ended 30th April 2018 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Accountants |
89 Leigh Road |
Eastleigh |
Hampshire |
SO50 9DQ |
INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Balance Sheet |
30th April 2018 |
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2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
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Investments | 5 |
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CURRENT ASSETS |
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
8 |
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PROVISIONS FOR LIABILITIES | ( |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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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. |
INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Balance Sheet - continued |
30th April 2018 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
by: |
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INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Notes to the Financial Statements |
for the Year Ended 30th April 2018 |
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1. | STATUTORY INFORMATION |
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Indo Lighting Limited is a
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registered number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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Tangible fixed assets |
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Leasehold property improvement | - |
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Plant & equipment | - |
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Motor vehicles | - |
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Office equipment | - |
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Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
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Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
moving items. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
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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. |
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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. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Notes to the Financial Statements - continued |
for the Year Ended 30th April 2018 |
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2. | ACCOUNTING POLICIES - continued |
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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. |
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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. |
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Warranty provision |
Provision is made for the estimated cost of meeting obligations under warranties issued by the company. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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4. | TANGIBLE FIXED ASSETS |
Leasehold |
property | Plant & | Motor | Office |
improvement | equipment | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1st May 2017 |
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Additions |
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Disposals |
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At 30th April 2018 |
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DEPRECIATION |
At 1st May 2017 |
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Charge for year |
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Eliminated on disposal |
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At 30th April 2018 |
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NET BOOK VALUE |
At 30th April 2018 |
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At 30th April 2017 |
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5. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
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COST |
At 1st May 2017 |
and 30th April 2018 |
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NET BOOK VALUE |
At 30th April 2018 |
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At 30th April 2017 |
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INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Notes to the Financial Statements - continued |
for the Year Ended 30th April 2018 |
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6. | DEBTORS |
2018 | 2017 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
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Other debtors |
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Amounts falling due after more than one year: |
Other debtors |
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Aggregate amounts |
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7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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8. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2018 | 2017 |
£ | £ |
Other creditors |
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9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to directors subsisted during the years ended 30th April 2018 and |
30th April 2017: |
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2018 | 2017 |
£ | £ |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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INDO LIGHTING LIMITED (REGISTERED NUMBER: 06419298) |
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Notes to the Financial Statements - continued |
for the Year Ended 30th April 2018 |
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9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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10. | RELATED PARTY DISCLOSURES |
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Included under provision for liabilities is an amount of £151,425 owed to Indo Services Limited in relation to |
warranties provided by that company on behalf of Indo Lighting Limited. This company is a 100% owned |
subsidiary. |
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11. | ULTIMATE CONTROLLING PARTY |
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The controlling party is T R J Baynham. |