LUXO LIVING LTD

Company Registration Number:
06972358 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

LUXO LIVING LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LUXO LIVING LTD

Company Information

for the Period Ended 31 March 2023




Director: Andrew Brown
Registered office: 21
Chorley Rd
Westhoughton
Bolton
Lancs
BL5 3PD
Company Registration Number: 06972358 (England and Wales)

LUXO LIVING LTD

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Andrew Brown

This report was approved by the board of directors on 10 November 2023
And Signed On Behalf Of The Board By:

Name: Andrew Brown
Status: Director

LUXO LIVING LTD

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Turnover 530,350 553,710
Cost of sales ( 279,795 ) ( 272,268 )
Gross Profit or (Loss) 250,555 281,442
Distribution Costs ( 237,838 ) ( 190,173 )
Administrative Expenses ( 50,810 ) ( 57,288 )
Operating Profit or (Loss) ( 38,093 ) 33,981
Profit or (Loss) Before Tax ( 38,093 ) 33,981
Tax on Profit ( 5,339 ) ( 5,883 )
Profit or (Loss) for Period ( 43,432 ) 28,098

The notes form part of these financial statements

LUXO LIVING LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 19,779 6,723
Total fixed assets: 19,779 6,723
Current assets
Stocks: 13,753 11,201
Debtors: 5 22,115 68,467
Cash at bank and in hand: 82,534 108,407
Total current assets: 118,402 188,075
Creditors: amounts falling due within one year: 6 ( 40,291 ) ( 51,070 )
Net current assets (liabilities): 78,111 137,005
Total assets less current liabilities: 97,890 143,728
Creditors: amounts falling due after more than one year: 7 ( 40,877 ) ( 46,329 )
Provision for liabilities: ( 17,227 ) ( 18,070 )
Total net assets (liabilities): 39,786 79,329

The notes form part of these financial statements

LUXO LIVING LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 39,785 79,328
Shareholders funds: 39,786 79,329

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 10 November 2023
And Signed On Behalf Of The Board By:

Name: Andrew Brown
Status: Director

The notes form part of these financial statements

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 3

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 April 2022 863 1,831 4,029 6,723
Additions - - 13,056 13,056
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 March 2023 863 1,831 17,085 19,779
Depreciation
At 01 April 2022 - - - -
Charge for year - - - -
On disposals - - - -
Other adjustments - - - -
At 31 March 2023 - - - -
Net book value
At 31 March 2023 863 1,831 17,085 19,779
At 31 March 2022 863 1,831 4,029 6,723

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors


2023
£

2022
£
Trade debtors 22,115 68,467
Total 22,115 68,467

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 24,946 38,646
Taxation and social security 12,145 11,051
Other creditors 3,200 1,373
Total 40,291 51,070

LUXO LIVING LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 40,877 46,329
Total 40,877 46,329