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REGISTERED NUMBER: 10617479 (England and Wales)















Luxaround Ltd

Unaudited Financial Statements

for the Year Ended 28 February 2024






Luxaround Ltd (Registered number: 10617479)

Contents of the Financial Statements
for the year ended 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Luxaround Ltd

Company Information
for the year ended 28 February 2024







Directors: A Coric
M Karic





Secretary: M Karic





Registered office: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





Registered number: 10617479 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Luxaround Ltd (Registered number: 10617479)

Balance Sheet
28 February 2024

2024 2023
Notes £ £
Current assets
Cash at bank 6,686 11,735

Creditors
Amounts falling due within one year 5 73,053 76,922
Net current liabilities (66,367 ) (65,187 )
Total assets less current liabilities (66,367 ) (65,187 )

Capital and reserves
Called up share capital 6 2 2
Retained earnings 7 (66,369 ) (65,189 )
Shareholders' funds (66,367 ) (65,187 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 27 November 2024 and were signed on its behalf by:





M Karic - Director


Luxaround Ltd (Registered number: 10617479)

Notes to the Financial Statements
for the year ended 28 February 2024


1. Statutory information

Luxaround Ltd 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 represents amounts receivable for goods and services provided in the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 March 2023
and 28 February 2024 3,174
Depreciation
At 1 March 2023
and 28 February 2024 3,174
Net book value
At 28 February 2024 -

5. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 73,053 76,922

Luxaround Ltd (Registered number: 10617479)

Notes to the Financial Statements - continued
for the year ended 28 February 2024


6. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary £1 2 2

7. Reserves
Retained
earnings
£

At 1 March 2023 (65,189 )
Deficit for the year (1,180 )
At 28 February 2024 (66,369 )