Luxorro LTD Filleted Accounts Cover |
Company No. 14560144 | |||||||||
Luxorro LTD Directors Report Registrar |
The Director presents his report and the accounts for the year ended 31 December 2023. | |||||||||
Principal activities | |||||||||
Director | |||||||||
The Director who served at any time during the year was as follows: | |||||||||
B. Kuflik | |||||||||
Signed on behalf of the board | |||||||||
B. Kuflik | |||||||||
Director | |||||||||
25 September 2024 |
Luxorro LTD Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | ||||||||
$ | ||||||||||
Fixed assets | ||||||||||
Intangible assets | 4 | |||||||||
Current assets | ||||||||||
Stocks | 5 | |||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 7 | ( | ||||||||
Net current liabilities | ( | |||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 8 | ( | ||||||||
Net liabilities | ( | |||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 9 | ( | ||||||||
Total equity | ( | |||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 25 September 2024 | ||||||||||
And signed on its behalf by: | ||||||||||
B. Kuflik | ||||||||||
Director | ||||||||||
25 September 2024 |
Luxorro LTD Notes to the Accounts Registrar |
for the year ended 31 December 2023 | ||||||||||||||
1 | General information | |||||||||||||
Its registered number is: 14560144 | ||||||||||||||
Its registered office is: | ||||||||||||||
Going concern | ||||||||||||||
2 | Accounting policies |
Amended accounts | ||||||||||||||
Amended accounts have been prepared: | ||||||||||||||
- The revised accounts replace the original accounts, | ||||||||||||||
- They are now the statutory accounts, | ||||||||||||||
- They have been prepared as at the date of the original accounts, and not as at the date of the revision and accordingly do not deal with events between those dates. | ||||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Intangible fixed assets | ||||||||||||||
Goodwill | ||||||||||||||
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is not being amortised. | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. | ||||||||||||||
Judgements and key sources of estimation uncertainty | ||||||||||||||
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances. | ||||||||||||||
Stocks | ||||||||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Foreign currencies | ||||||||||||||
3 | Employees | |||||||||||||
2023 | ||||||||||||||
Number | ||||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Intangible fixed assets | |||||||||||||
Goodwill | Total | |||||||||||||
$ | $ | |||||||||||||
Cost | ||||||||||||||
Additions | ||||||||||||||
At 31 December 2023 | ||||||||||||||
Amortisation and impairment | ||||||||||||||
Net book values | ||||||||||||||
At 31 December 2023 | ||||||||||||||
5 | Stocks | |||||||||||||
2023 | ||||||||||||||
$ | ||||||||||||||
Finished goods | ||||||||||||||
6 | Debtors | |||||||||||||
2023 | ||||||||||||||
$ | ||||||||||||||
Trade debtors | ||||||||||||||
Other debtors | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2023 | ||||||||||||||
$ | ||||||||||||||
Bank loans and overdrafts | ||||||||||||||
Other loans | ||||||||||||||
Accruals and deferred income | ||||||||||||||
8 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2023 | ||||||||||||||
$ | ||||||||||||||
Other loans | ||||||||||||||
9 | Reserves | |||||||||||||
10 | Related party disclosures | |||||||||||||
Transactions with related parties | ||||||||||||||
The company has taken advantage of the exemption available according with Section 33 of FRS 102 "Related party disclosure" not to disclose transactions entered into between two or more members of a group that are wholly owned. | ||||||||||||||