Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity2023-04-01false7452falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04546802 2023-04-01 2024-03-31 04546802 2022-04-01 2023-03-31 04546802 2024-03-31 04546802 2023-03-31 04546802 c:Director1 2023-04-01 2024-03-31 04546802 c:Director2 2023-04-01 2024-03-31 04546802 c:RegisteredOffice 2023-04-01 2024-03-31 04546802 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 04546802 d:Buildings d:LongLeaseholdAssets 2024-03-31 04546802 d:Buildings d:LongLeaseholdAssets 2023-03-31 04546802 d:PlantMachinery 2023-04-01 2024-03-31 04546802 d:PlantMachinery 2024-03-31 04546802 d:PlantMachinery 2023-03-31 04546802 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04546802 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04546802 d:CurrentFinancialInstruments 2024-03-31 04546802 d:CurrentFinancialInstruments 2023-03-31 04546802 d:Non-currentFinancialInstruments 2024-03-31 04546802 d:Non-currentFinancialInstruments 2023-03-31 04546802 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04546802 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04546802 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 04546802 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 04546802 d:ShareCapital 2024-03-31 04546802 d:ShareCapital 2023-03-31 04546802 d:RetainedEarningsAccumulatedLosses 2024-03-31 04546802 d:RetainedEarningsAccumulatedLosses 2023-03-31 04546802 c:FRS102 2023-04-01 2024-03-31 04546802 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04546802 c:FullAccounts 2023-04-01 2024-03-31 04546802 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04546802 d:WithinOneYear 2024-03-31 04546802 d:WithinOneYear 2023-03-31 04546802 d:BetweenOneFiveYears 2024-03-31 04546802 d:BetweenOneFiveYears 2023-03-31 04546802 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 04546802







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


LUMINOUS REPUTATION MANAGEMENT LIMITED






































img122e.png                        

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
COMPANY INFORMATION


Directors
A Hines 
J Towell 




Registered number
04546802



Registered office
2nd Floor 35 Great Sutton Street

London

EC1V 0DX




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7


 


LUMINOUS REPUTATION MANAGEMENT LIMITED
REGISTERED NUMBER:04546802



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
680,013
1,032,321

  
680,013
1,032,321

Current assets
  

Debtors: amounts falling due within one year
 5 
3,022,456
2,744,975

Cash at bank and in hand
  
874,457
475,153

  
3,896,913
3,220,128

Creditors: amounts falling due within one year
 6 
(1,720,207)
(1,651,555)

Net current assets
  
 
 
2,176,706
 
 
1,568,573

Total assets less current liabilities
  
2,856,719
2,600,894

Creditors: amounts falling due after more than one year
 7 
(217,163)
(231,494)

Provisions for liabilities
  

Deferred tax
  
(15,852)
-

  
 
 
(15,852)
 
 
-

Net assets
  
2,623,704
2,369,400

Page 1

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
REGISTERED NUMBER:04546802


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

2024
2023
£
£

Capital and reserves
  

Allotted, called up and fully paid share capital
  
100
100

Profit and loss account
  
2,623,604
2,369,300

  
2,623,704
2,369,400


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

A Hines
J Towell
Director
Director


Date: 30 October 2024
Date:30 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Luminous Reputation Management Limited is a private limited liability company incorporated in England and Wales, with its registered office and principal place of business at 2nd Floor, 35 Great Sutton Street, London, England, EC1V 0DX.
The principal activity of the Company is that of marketing agents specialising in visual merchandising, public relations, advertising and promotional activities.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the Company in respect of its principal activity during the year, exclusive of Value Added Tax.
Turnover is recognised in the period in which work is carried out. For projects which are incomplete at the period end, income is recognised to reflect the partial performance of contractual obligations.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over the period of the lease
Plant and machinery
-
33% Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors and loans from banks.


3.


Employees

The average monthly number of employees, including directors, during the year was 74 (2023 - 52).


4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 April 2023
1,282,491
222,181
1,504,672


Additions
-
51,230
51,230


Disposals
(358,159)
-
(358,159)



At 31 March 2024

924,332
273,411
1,197,743



Depreciation


At 1 April 2023
329,879
142,472
472,351


Charge for the year on owned assets
113
45,266
45,379



At 31 March 2024

329,992
187,738
517,730



Net book value



At 31 March 2024
594,340
85,673
680,013



At 31 March 2023
952,612
79,709
1,032,321

Page 5

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
2,259,225
2,220,566

Other debtors
278,954
171,295

Prepayments and accrued income
484,277
353,114

3,022,456
2,744,975



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
20,531
25,722

Trade creditors
421,966
391,241

Corporation tax
193,279
103,549

Other taxation and social security
347,938
499,597

Other creditors
68,977
33,488

Accruals and deferred income
667,516
597,958

1,720,207
1,651,555



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
217,163
231,494

217,163
231,494


The bank loan is secured by a charge over the Company's assets.

Page 6

 


LUMINOUS REPUTATION MANAGEMENT LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Commitments under operating leases

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
254,366
240,709

Later than 1 year and not later than 5 years
612,434
871,358

866,800
1,112,067


9.


Transactions with directors

Included within other creditors are the following transactions with the directors.


2024
2023
£
£

Balance outstanding at start of year
19,987
1,973
Amounts advanced
461,890
442,030
Amounts repaid
(454,442)
(424,016)
Balance outstanding at end of year
27,435
19,987

Interest is not being charged on this loan. The loan is repayable on demand. 

 
Page 7