Registered number
11267307
Lumani Healthcare Limited
Filleted Accounts
31 March 2024
Lumani Healthcare Limited
Registered number: 11267307
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,968 2,027
Current assets
Debtors 4 25,880 -
Cash at bank and in hand 9,999 43,683
35,879 43,683
Creditors: amounts falling due within one year 5 (16,128) (21,500)
Net current assets 19,751 22,183
Total assets less current liabilities 22,719 24,210
Creditors: amounts falling due after more than one year 6 (22,649) (24,012)
Current assets 70 198
Capital and reserves
Called up share capital 100 100
Profit and loss account (30) 98
Shareholder's funds 70 198
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
There is a loan owed to the company from it's director Dr Chido Svosve for the value of £24,688 as at 31st March 2024. Repaid within 9 months and 1 day.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr Chido Svosve
Director
Approved by the board on 7 August 2024
Lumani Healthcare Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 3,043
Additions 1,683
At 31 March 2024 4,726
Depreciation
At 1 April 2023 1,016
Charge for the year 742
At 31 March 2024 1,758
Net book value
At 31 March 2024 2,968
At 31 March 2023 2,027
4 Debtors 2024 2023
£ £
Other debtors 25,880 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,080 -
Taxation and social security costs 15,048 9,935
Other creditors - 11,565
16,128 21,500
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 22,649 24,012
7 Other information
Lumani Healthcare Limited is a private company limited by shares and incorporated in England. Its registered office is:
Flat 36 Alexandra House
51 Ellacombe Road
Coventry
CV2 1BS
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