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REGISTERED NUMBER: 11519490 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

LUMENEYE LIMITED

LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUMENEYE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: S P Horne
W Clarke





REGISTERED OFFICE: Unit 19 Hither Green Industrial Estate
Clevedon
BS21 6XU





REGISTERED NUMBER: 11519490 (England and Wales)





ACCOUNTANTS: TC Group
The Old Carriage Works
Moresk Road
Truro
Cornwall
TR1 1DG

LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,027 4,722

CURRENT ASSETS
Stocks 74,737 87,358
Debtors 5 113,946 111,094
Cash at bank and in hand 73,848 49,685
262,531 248,137
CREDITORS
Amounts falling due within one year 6 (121,244 ) (134,950 )
NET CURRENT ASSETS 141,287 113,187
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,314

117,909

PROVISIONS FOR LIABILITIES 7 (17,062 ) (13,947 )
NET ASSETS 128,252 103,962

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 128,242 103,952
SHAREHOLDERS' FUNDS 128,252 103,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)

BALANCE SHEET - continued
30 JUNE 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 Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





S P Horne - Director


LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Lumeneye 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.

Revenue is recognised to turnover upon despatch of goods to customers.

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 etc - 25% 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.

LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 11,327
Additions 1,483
At 30 June 2024 12,810
DEPRECIATION
At 1 July 2023 6,605
Charge for year 2,178
At 30 June 2024 8,783
NET BOOK VALUE
At 30 June 2024 4,027
At 30 June 2023 4,722

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 66,271 94,491
Other debtors 47,675 16,603
113,946 111,094

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 3,475 1,699
Trade creditors 57,161 15,368
Amounts owed to group undertakings 50,917 115,431
Taxation and social security 5,228 915
Other creditors 4,463 1,537
121,244 134,950

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,007 897
Other provisions 16,055 13,050
17,062 13,947

LUMENEYE LIMITED (REGISTERED NUMBER: 11519490)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax Warranties
£    £   
Balance at 1 July 2023 897 13,050
Provided during year 120 3,005
Balance at 30 June 2024 1,017 16,055

** BALANCE ABOVE AT END OF YEAR RE DEFERRED TAX ON CLIENT SCREEN OF 1,017
DOES NOT AGREE TO CURRENT YEAR TOTAL OF ACCOUNTS PER TB 1,007

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - BALANCE SHEET ITEMS - PROVISIONS FOR LIABILITIES - MOVEMENT IN PROVISIONS ETC

Please note: a deferred tax asset should be entered as a negative balance (i.e. include a "-" sign)


The warranty provision is based upon estimated claims by customers during the period for which a warranty is provided. The estimate is based upon the historic rate of claims by customers.

8. ULTIMATE CONTROLLING PARTY

The controlling party is Quad IV Holdings Limited.

The ultimate controlling party is S P Horne.