Lightyear Foundation Ltd

Lightyear Foundation Ltd

LIGHTYEAR FOUNDATION LTD - Company Information

Print Friendly Version

1 January 2022 false Taxfiler 2022.14 08151118business:CompanyLimitedByGuarantee2022-01-012022-12-31 081511182021-12-31 08151118business:EntityNoLongerTradingButTradedInPast2022-01-012022-12-31 081511182022-01-012022-12-31 08151118business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 08151118business:FullAccounts2022-01-012022-12-31 081511182022-12-31 081511182021-12-31 08151118core:WithinOneYear2022-12-31 08151118core:WithinOneYear2021-12-31 08151118core:RetainedEarningsAccumulatedLosses2022-12-31 08151118core:RetainedEarningsAccumulatedLosses2021-12-31 08151118business:SmallEntities2022-01-012022-12-31 08151118business:Director12022-01-012022-12-31 08151118countries:EnglandWales2022-01-012022-12-31 08151118business:RegisteredOffice2022-01-012022-12-31 081511182021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08151118 (England and Wales)
Lightyear Foundation Ltd Unaudited accounts for the year ended 31 December 2022
Lightyear Foundation Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
4
7,355 
150 
Cash at bank and in hand
71,404 
62,308 
78,759 
62,458 
Creditors: amounts falling due within one year
5
(375)
(360)
Net current assets
78,384 
62,098 
Net assets
78,384 
62,098 
Reserves
6
Profit and loss account
78,384 
62,098 
Members' funds
78,384 
62,098 
For the year ending 31 December 2022 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.
The financial statements were approved by the Board and authorised for issue on 6 March 2023 and were signed on its behalf by
Dr Josie Rawes Director Company Registration No. 08151118
- 2 -
Lightyear Foundation Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Lightyear Foundation Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 08151118. The registered office is 12 ANSON DRIVE, YORK, YO10 4LH.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
7,355 
150 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other creditors
375 
360 
6
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 3 -