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REGISTERED NUMBER: 09981988 (England and Wales)














Financial Statements

for the Year Ended 30 November 2023

for

Lumen Productions Limited

Lumen Productions Limited (Registered number: 09981988)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lumen Productions Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Z White





REGISTERED OFFICE: Oriel House
2-8 Oriel Road
Bootle
Merseyside
L20 7EP





REGISTERED NUMBER: 09981988 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Lumen Productions Limited (Registered number: 09981988)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 725,888 376,623

CURRENT ASSETS
Stocks 2,000 1,750
Debtors 5 108,863 33,619
Cash at bank 36,578 11,775
147,441 47,144
CREDITORS
Amounts falling due within one year 6 180,388 115,446
NET CURRENT LIABILITIES (32,947 ) (68,302 )
TOTAL ASSETS LESS CURRENT LIABILITIES 692,941 308,321

CREDITORS
Amounts falling due after more than one year 7 (291,967 ) (144,512 )

PROVISIONS FOR LIABILITIES (180,678 ) (65,052 )
NET ASSETS 220,296 98,757

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 129,312 -
Retained earnings 90,884 98,657
SHAREHOLDERS' FUNDS 220,296 98,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Lumen Productions Limited (Registered number: 09981988)

Balance Sheet - continued
30 November 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 2 April 2024 and were signed by:





Z White - Director


Lumen Productions Limited (Registered number: 09981988)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Lumen Productions 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

Lumen Productions Limited (Registered number: 09981988)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 764,486 41,572 22,010 16,830 844,898
Additions 491,644 1,596 68,826 - 562,066
Disposals (3,245 ) - - - (3,245 )
At 30 November 2023 1,252,885 43,168 90,836 16,830 1,403,719
DEPRECIATION
At 1 December 2022 415,017 24,151 13,251 15,856 468,275
Charge for year 188,317 10,626 12,807 456 212,206
Eliminated on disposal (2,650 ) - - - (2,650 )
At 30 November 2023 600,684 34,777 26,058 16,312 677,831
NET BOOK VALUE
At 30 November 2023 652,201 8,391 64,778 518 725,888
At 30 November 2022 349,469 17,421 8,759 974 376,623

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 94,301 19,936
Other debtors 14,562 13,683
108,863 33,619

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 10,183 9,991
Hire purchase contracts 78,326 -
Trade creditors 51,543 37,725
Taxation and social security 22,715 24,567
Other creditors 17,621 43,163
180,388 115,446

Lumen Productions Limited (Registered number: 09981988)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans 19,558 29,741
Hire purchase contracts 192,253 -
Other creditors 80,156 114,771
291,967 144,512

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Hire purchase contracts 270,579 -

All hire purchase agreements are secured against the assets to which they relate.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary shares £1 100 100