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Company Registration No. SC520218 (Scotland)
Lumos Electrical Limited Unaudited accounts for the year ended 31 March 2024
Lumos Electrical Limited Unaudited accounts Contents
Page
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Lumos Electrical Limited Company Information for the year ended 31 March 2024
Director
O'DONNELL, Paul
Secretary
O'DONNELL, Pauline
Company Number
SC520218 (Scotland)
Registered Office
Westgate House Seedhill Paisley Renfrewshire PA1 1JE
Accountants
Carr Accounting Westgate House Seedhill Paisley Renfrewshire PA1 1JE
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Lumos Electrical Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
439,227 
391,326 
Cash at bank and in hand
13,485 
2,593 
452,712 
393,919 
Creditors: amounts falling due within one year
(200,780)
(207,575)
Net current assets
251,932 
186,344 
Net assets
251,932 
186,344 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
251,930 
186,342 
Shareholders' funds
251,932 
186,344 
For the year ending 31 March 2024 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 10 September 2024 and were signed on its behalf by
O'DONNELL, Paul Director Company Registration No. SC520218
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Lumos Electrical Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Lumos Electrical Limited is a private company, limited by shares, registered in Scotland, registration number SC520218. The registered office is Westgate House, Seedhill, Paisley, Renfrewshire, PA1 1JE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
123,747 
- 
Trade debtors
132,516 
222,962 
Accrued income and prepayments
182,464 
167,864 
Other debtors
500 
500 
439,227 
391,326 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,138 
88,403 
Trade creditors
140,866 
102,648 
Amounts owed to group undertakings and other participating interests
(92,819)
- 
Taxes and social security
91,463 
32,980 
Other creditors
- 
5,696 
Loans from directors
14,132 
(22,152)
200,780 
207,575 
6
Transactions with related parties
At the balance sheet date the company owed Lumos Telecom Ltd a total of £28,474.56. This company is also under the control of the Director.
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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