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REGISTERED NUMBER: 11189442 (England and Wales)












Lumis Consulting Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






Lumis Consulting Limited (Registered number: 11189442)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Lumis Consulting Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P M Brooks





REGISTERED OFFICE: Unit 1, Goat Lees
Trinity Road
Kennington
Ashford
Kent
TN25 4AB





BUSINESS ADDRESS: 4 Orchard Close
Scaynes Hill
Haywards Heath
West Sussex
RH17 7PQ





REGISTERED NUMBER: 11189442 (England and Wales)





ACCOUNTANTS: Edwards & Co
Chartered Accountants
Unit 1, Goat Lees
Trinity Road
Ashford
Kent
TN25 4AB

Lumis Consulting Limited (Registered number: 11189442)

Statement of Financial Position
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,029 4,839

CURRENT ASSETS
Debtors 5 - 8,876
Cash at bank 71,181 103,218
71,181 112,094
CREDITORS
Amounts falling due within one year 6 3,857 43,529
NET CURRENT ASSETS 67,324 68,565
TOTAL ASSETS LESS CURRENT LIABILITIES 70,353 73,404

PROVISIONS FOR LIABILITIES 576 919
NET ASSETS 69,777 72,485

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 69,767 72,475
SHAREHOLDERS' FUNDS 69,777 72,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Lumis Consulting Limited (Registered number: 11189442)

Statement of Financial Position - continued
29 February 2024


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 28 June 2024 and were signed by:





P M Brooks - Director


Lumis Consulting Limited (Registered number: 11189442)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Lumis Consulting 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of services to customers during the year and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 taxation assets and liabilities are not discounted and are recognised at the amount of tax payable using the tax rates and laws that have been enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 by the year end.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Lumis Consulting Limited (Registered number: 11189442)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 8,268
Additions 99
At 29 February 2024 8,367
DEPRECIATION
At 1 March 2023 3,429
Charge for year 1,909
At 29 February 2024 5,338
NET BOOK VALUE
At 29 February 2024 3,029
At 28 February 2023 4,839

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 8,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 260 4,241
Other creditors 3,597 39,288
3,857 43,529