2023-05-012024-04-302024-04-30false07599477LOVE LUMI LTD2024-11-1474100iso4217:GBPxbrli:pure075994772023-05-01075994772024-04-30075994772023-05-012024-04-30075994772022-05-01075994772023-04-30075994772022-05-012023-04-3007599477bus:SmallEntities2023-05-012024-04-3007599477bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3007599477bus:AbridgedAccounts2023-05-012024-04-3007599477bus:PrivateLimitedCompanyLtd2023-05-012024-04-3007599477core:WithinOneYear2024-04-3007599477core:AfterOneYear2024-04-3007599477core:WithinOneYear2023-04-3007599477core:AfterOneYear2023-04-3007599477core:ShareCapital2024-04-3007599477core:SharePremium2024-04-3007599477core:RevaluationReserve2024-04-3007599477core:OtherReservesSubtotal2024-04-3007599477core:RetainedEarningsAccumulatedLosses2024-04-3007599477core:ShareCapital2023-04-3007599477core:SharePremium2023-04-3007599477core:RevaluationReserve2023-04-3007599477core:OtherReservesSubtotal2023-04-3007599477core:RetainedEarningsAccumulatedLosses2023-04-3007599477core:LandBuildings2024-04-3007599477core:PlantMachinery2024-04-3007599477core:Vehicles2024-04-3007599477core:FurnitureFittings2024-04-3007599477core:OfficeEquipment2024-04-3007599477core:NetGoodwill2024-04-3007599477core:IntangibleAssetsOtherThanGoodwill2024-04-3007599477core:ListedExchangeTraded2024-04-3007599477core:UnlistedNon-exchangeTraded2024-04-3007599477core:LandBuildings2023-04-3007599477core:PlantMachinery2023-04-3007599477core:Vehicles2023-04-3007599477core:FurnitureFittings2023-04-3007599477core:OfficeEquipment2023-04-3007599477core:NetGoodwill2023-04-3007599477core:IntangibleAssetsOtherThanGoodwill2023-04-3007599477core:ListedExchangeTraded2023-04-3007599477core:UnlistedNon-exchangeTraded2023-04-3007599477core:LandBuildings2023-05-012024-04-3007599477core:PlantMachinery2023-05-012024-04-3007599477core:Vehicles2023-05-012024-04-3007599477core:FurnitureFittings2023-05-012024-04-3007599477core:OfficeEquipment2023-05-012024-04-3007599477core:NetGoodwill2023-05-012024-04-3007599477core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3007599477core:ListedExchangeTraded2023-05-012024-04-3007599477core:UnlistedNon-exchangeTraded2023-05-012024-04-3007599477core:MoreThanFiveYears2023-05-012024-04-3007599477core:Non-currentFinancialInstruments2024-04-3007599477core:Non-currentFinancialInstruments2023-04-3007599477dpl:CostSales2023-05-012024-04-3007599477dpl:DistributionCosts2023-05-012024-04-3007599477core:LandBuildings2023-05-012024-04-3007599477core:PlantMachinery2023-05-012024-04-3007599477core:Vehicles2023-05-012024-04-3007599477core:FurnitureFittings2023-05-012024-04-3007599477core:OfficeEquipment2023-05-012024-04-3007599477dpl:AdministrativeExpenses2023-05-012024-04-3007599477core:NetGoodwill2023-05-012024-04-3007599477core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3007599477dpl:GroupUndertakings2023-05-012024-04-3007599477dpl:ParticipatingInterests2023-05-012024-04-3007599477dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3007599477core:ListedExchangeTraded2023-05-012024-04-3007599477dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3007599477core:UnlistedNon-exchangeTraded2023-05-012024-04-3007599477dpl:CostSales2022-05-012023-04-3007599477dpl:DistributionCosts2022-05-012023-04-3007599477core:LandBuildings2022-05-012023-04-3007599477core:PlantMachinery2022-05-012023-04-3007599477core:Vehicles2022-05-012023-04-3007599477core:FurnitureFittings2022-05-012023-04-3007599477core:OfficeEquipment2022-05-012023-04-3007599477dpl:AdministrativeExpenses2022-05-012023-04-3007599477core:NetGoodwill2022-05-012023-04-3007599477core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3007599477dpl:GroupUndertakings2022-05-012023-04-3007599477dpl:ParticipatingInterests2022-05-012023-04-3007599477dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3007599477core:ListedExchangeTraded2022-05-012023-04-3007599477dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3007599477core:UnlistedNon-exchangeTraded2022-05-012023-04-3007599477core:NetGoodwill2024-04-3007599477core:IntangibleAssetsOtherThanGoodwill2024-04-3007599477core:LandBuildings2024-04-3007599477core:PlantMachinery2024-04-3007599477core:Vehicles2024-04-3007599477core:FurnitureFittings2024-04-3007599477core:OfficeEquipment2024-04-3007599477core:AfterOneYear2024-04-3007599477core:WithinOneYear2024-04-3007599477core:ListedExchangeTraded2024-04-3007599477core:UnlistedNon-exchangeTraded2024-04-3007599477core:ShareCapital2024-04-3007599477core:SharePremium2024-04-3007599477core:RevaluationReserve2024-04-3007599477core:OtherReservesSubtotal2024-04-3007599477core:RetainedEarningsAccumulatedLosses2024-04-3007599477core:NetGoodwill2023-04-3007599477core:IntangibleAssetsOtherThanGoodwill2023-04-3007599477core:LandBuildings2023-04-3007599477core:PlantMachinery2023-04-3007599477core:Vehicles2023-04-3007599477core:FurnitureFittings2023-04-3007599477core:OfficeEquipment2023-04-3007599477core:AfterOneYear2023-04-3007599477core:WithinOneYear2023-04-3007599477core:Liste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LOVE LUMI LTD

Registered Number
07599477
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

LOVE LUMI LTD
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

MRS F ROXBURGH
O ROXBURGH

Registered Address

Unit 16 Mac Farming Estate Old Sleaford Road
Nocton
Lincoln
LN4 2GD

Registered Number

07599477 (England and Wales)
LOVE LUMI LTD
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4140,188142,035
140,188142,035
Current assets
Stocks20,00020,000
Debtors48,05188,006
Cash at bank and on hand23,84645,474
91,897153,480
Creditors amounts falling due within one year(123,617)(115,548)
Net current assets (liabilities)(31,720)37,932
Total assets less current liabilities108,468179,967
Creditors amounts falling due after one year(63,785)(57,701)
Provisions for liabilities(36,756)(26,704)
Net assets7,92795,562
Capital and reserves
Called up share capital100100
Profit and loss account7,82795,462
Shareholders' funds7,92795,562
The financial statements were approved and authorised for issue by the Board of Directors on 14 November 2024, and are signed on its behalf by:
O ROXBURGH
Director
Registered Company No. 07599477
LOVE LUMI LTD
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. The financial statements have been prepared under the historical cost convention.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes. Commissions being the amount paid in relation to sales via online market places, are recognised when the sales consideration is received or receivable, excluding value added tax where charged.
Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.
Defined contribution pension plan
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.
Current 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.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of three years.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Reducing balance (%)Straight line (years)
Plant and machinery253
Finance leases and hire purchase contracts
Assets obtained under hire purchase contracts are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. The interest element of these obligations is charged to the profit or loss on a straight line basis over the period of the lease. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Financial instruments
Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised costs. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at transaction price. Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised costs. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.
2.Average number of employees

20242023
Average number of employees during the year910
3.Intangible assets

Total

£
Cost or valuation
At 01 May 2319,000
At 30 April 2419,000
Amortisation and impairment
At 01 May 2319,000
At 30 April 2419,000
Net book value
At 30 April 24-
At 30 April 23-
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 May 23234,942
Additions37,439
At 30 April 24272,381
Depreciation and impairment
At 01 May 2392,907
Charge for year39,286
At 30 April 24132,193
Net book value
At 30 April 24140,188
At 30 April 23142,035
5.Secured creditors
Minimum lease payments under hire purchase fall due as follows: Net obligations repayable: 2024 2023 Within one year 15,385 6,391 Between one and five years 40,274 23,898 Total 55,659 30,289 Amounts due under hire purchase contracts are secured over the assets to which they relate.
6.Operating lease commitments
At 30 Apr 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £NIL (2023: £8,333)
7.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
O ROXBURGH70,733120,604170,85220,485
AND MRS F ROXBURGH
70,733120,604170,85220,485
The outstanding balance is unsecured and subject to interest at the HM Revenue and Customs approved rates.