Company Registration No. 11391906 (England and Wales)
Luminosity Group Limited
Unaudited accounts
for the year ended 31 May 2023
Luminosity Group Limited
Unaudited accounts
Contents
Luminosity Group Limited
Company Information
for the year ended 31 May 2023
Company Number
11391906 (England and Wales)
Registered Office
18 COTSWOLD CRESCENT
NUNEATON
CV10 8PL
ENGLAND
Accountants
Mosaic Accounting Limited
8 Millers Close
Welford on Avon
Stratford upon Avon
Warwickshire
CV37 8QG
Luminosity Group Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
33,601
-
Creditors: amounts falling due within one year
(54,804)
(4,730)
Net current assets
4,749
1,995
Total assets less current liabilities
39,088
1,995
Creditors: amounts falling due after more than one year
(8,092)
-
Called up share capital
100
100
Profit and loss account
30,896
1,895
Shareholders' funds
30,996
1,995
For the year ending 31 May 2023 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 his 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 9 February 2024 and were signed on its behalf by
B Orzel
Director
Company Registration No. 11391906
Luminosity Group Limited
Notes to the Accounts
for the year ended 31 May 2023
Luminosity Group Limited is a private company, limited by shares, registered in England and Wales, registration number 11391906. The registered office is 18 COTSWOLD CRESCENT, NUNEATON, CV10 8PL, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
16,338
24,585
40,923
At 31 May 2023
16,338
24,585
40,923
Charge for the year
4,084
2,500
6,584
At 31 May 2023
4,084
2,500
6,584
At 31 May 2023
12,254
22,085
34,339
Amounts falling due after more than one year
Trade debtors
25,952
6,600
Luminosity Group Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
538
Obligations under finance leases and hire purchase contracts
3,147
-
Taxes and social security
7,679
254
Loans from directors
35,014
2,550
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
8,092
-
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).