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REGISTERED NUMBER: 09713177 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 July 2023

for

Luma Logistics Limited

Luma Logistics Limited (Registered number: 09713177)

Contents of the Financial Statements
For The Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Luma Logistics Limited

Company Information
For The Year Ended 31 July 2023







DIRECTOR: L Turner





REGISTERED OFFICE: Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN





REGISTERED NUMBER: 09713177 (England and Wales)





ACCOUNTANTS: Hunt Ford & Co
Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN

Luma Logistics Limited (Registered number: 09713177)

Balance Sheet
31 July 2023

31/7/23 31/7/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,839 122,453

CURRENT ASSETS
Debtors 5 53,066 54,000
Cash at bank and in hand 56,272 98,066
109,338 152,066
CREDITORS
Amounts falling due within one year 6 99,795 122,979
NET CURRENT ASSETS 9,543 29,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

101,382

151,540

CREDITORS
Amounts falling due after more than
one year

7

22,969

54,457
NET ASSETS 78,413 97,083

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 78,411 97,081
SHAREHOLDERS' FUNDS 78,413 97,083

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Luma Logistics Limited (Registered number: 09713177)

Balance Sheet - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 April 2024 and were signed by:





L Turner - Director


Luma Logistics Limited (Registered number: 09713177)

Notes to the Financial Statements
For The Year Ended 31 July 2023


1. STATUTORY INFORMATION

Luma Logistics Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Luma Logistics Limited (Registered number: 09713177)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 305,906 1,318 307,224
DEPRECIATION
At 1 August 2022 183,702 1,069 184,771
Charge for year 30,552 62 30,614
At 31 July 2023 214,254 1,131 215,385
NET BOOK VALUE
At 31 July 2023 91,652 187 91,839
At 31 July 2022 122,204 249 122,453

Luma Logistics Limited (Registered number: 09713177)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2022
and 31 July 2023 164,057
DEPRECIATION
At 1 August 2022 93,695
Charge for year 17,591
At 31 July 2023 111,286
NET BOOK VALUE
At 31 July 2023 52,771
At 31 July 2022 70,362

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade debtors 53,066 54,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Bank loans and overdrafts 9,769 9,769
Hire purchase contracts 25,268 40,116
Trade creditors 2,158 1,474
Taxation and social security 31,415 70,140
Other creditors 31,185 1,480
99,795 122,979

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/7/23 31/7/22
£    £   
Bank loans 20,154 29,922
Hire purchase contracts 2,815 24,535
22,969 54,457