2023-04-012024-03-312024-03-31false10915175LUMEN DIGITAL LTD.2024-12-03iso4217:GBPxbrli:pure109151752023-04-01109151752024-03-31109151752023-04-012024-03-31109151752022-04-01109151752023-03-31109151752022-04-012023-03-3110915175bus:SmallEntities2023-04-012024-03-3110915175bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110915175bus:FullAccounts2023-04-012024-03-3110915175bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110915175core:WithinOneYear2024-03-3110915175core:AfterOneYear2024-03-3110915175core:WithinOneYear2023-03-3110915175core:AfterOneYear2023-03-3110915175core:ShareCapital2024-03-3110915175core:SharePremium2024-03-3110915175core:RevaluationReserve2024-03-3110915175core:OtherReservesSubtotal2024-03-3110915175core:RetainedEarningsAccumulatedLosses2024-03-3110915175core:ShareCapital2023-03-3110915175core:SharePremium2023-03-3110915175core:RevaluationReserve2023-03-3110915175core:OtherReservesSubtotal2023-03-3110915175core:RetainedEarningsAccumulatedLosses2023-03-3110915175core:LandBuildings2024-03-3110915175core:PlantMachinery2024-03-3110915175core:Vehicles2024-03-3110915175core:FurnitureFittings2024-03-3110915175core:OfficeEquipment2024-03-3110915175core:NetGoodwill2024-03-3110915175core:IntangibleAssetsOtherThanGoodwill2024-03-3110915175core:ListedExchangeTraded2024-03-3110915175core:UnlistedNon-exchangeTraded2024-03-3110915175core:LandBuildings2023-03-3110915175core:PlantMachinery2023-03-3110915175core:Vehicles2023-03-3110915175core:FurnitureFittings2023-03-3110915175core:OfficeEquipment2023-03-3110915175core:NetGoodwill2023-03-3110915175core:IntangibleAssetsOtherThanGoodwill2023-03-3110915175core:ListedExchangeTraded2023-03-3110915175core:UnlistedNon-exchangeTraded2023-03-3110915175core:LandBuildings2023-04-012024-03-3110915175core:PlantMachinery2023-04-012024-03-3110915175core:Vehicles2023-04-012024-03-3110915175core:FurnitureFittings2023-04-012024-03-3110915175core:OfficeEquipment2023-04-012024-03-3110915175core:NetGoodwill2023-04-012024-03-3110915175core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110915175core:ListedExchangeTraded2023-04-012024-03-3110915175core:UnlistedNon-exchangeTraded2023-04-012024-03-3110915175core:MoreThanFiveYears2023-04-012024-03-3110915175core:Non-currentFinancialInstruments2024-03-3110915175core:Non-currentFinancialInstruments2023-03-3110915175dpl:CostSales2023-04-012024-03-3110915175dpl:DistributionCosts2023-04-012024-03-3110915175core:LandBuildings2023-04-012024-03-3110915175core:PlantMachinery2023-04-012024-03-3110915175core:Vehicles2023-04-012024-03-3110915175core:FurnitureFittings2023-04-012024-03-3110915175core:OfficeEquipment2023-04-012024-03-3110915175dpl:AdministrativeExpenses2023-04-012024-03-3110915175core:NetGoodwill2023-04-012024-03-3110915175core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110915175dpl:GroupUndertakings2023-04-012024-03-3110915175dpl:ParticipatingInterests2023-04-012024-03-3110915175dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110915175core:ListedExchangeTraded2023-04-012024-03-3110915175dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110915175core:UnlistedNon-exchangeTraded2023-04-012024-03-3110915175dpl:CostSales2022-04-012023-03-3110915175dpl:DistributionCosts2022-04-012023-03-3110915175core:LandBuildings2022-04-012023-03-3110915175core:PlantMachinery2022-04-012023-03-3110915175core:Vehicles2022-04-012023-03-3110915175core:FurnitureFittings2022-04-012023-03-3110915175core:OfficeEquipment2022-04-012023-03-3110915175dpl:AdministrativeExpenses2022-04-012023-03-3110915175core:NetGoodwill2022-04-012023-03-3110915175core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110915175dpl:GroupUndertakings2022-04-012023-03-3110915175dpl:ParticipatingInterests2022-04-012023-03-3110915175dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110915175core:ListedExchangeTraded2022-04-012023-03-3110915175dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110915175core:UnlistedNon-exchangeTraded2022-04-012023-03-3110915175core:NetGoodwill2024-03-3110915175core:IntangibleAssetsOtherThanGoodwill2024-03-3110915175core:LandBuildings2024-03-3110915175core:PlantMachinery2024-03-3110915175core:Vehicles2024-03-3110915175core:FurnitureFittings2024-03-3110915175core:OfficeEquipment2024-03-3110915175core:AfterOneYear2024-03-3110915175core:WithinOneYear2024-03-3110915175core:ListedExchangeTraded2024-03-3110915175core:UnlistedNon-exchangeTraded2024-03-3110915175core:ShareCapital2024-03-3110915175core:SharePremium2024-03-3110915175core:RevaluationReserve2024-03-3110915175core:OtherReservesSubtotal2024-03-3110915175core:RetainedEarningsAccumulatedLosses2024-03-3110915175core:NetGoodwill2023-03-3110915175core:IntangibleAssetsOtherThanGoodwill2023-03-3110915175core:LandBuildings2023-03-3110915175core:PlantMachinery2023-03-3110915175core:Vehicles2023-03-3110915175core:FurnitureFittings2023-03-3110915175core:OfficeEquipment2023-03-3110915175core:AfterOneYear2023-03-3110915175core:WithinOneYear2023-03-3110915175core:ListedExchang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LUMEN DIGITAL LTD.

Registered Number
10915175
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

LUMEN DIGITAL LTD.
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Benjamin James Harraway

Registered Address

44 Lakeside Gardens
Farnborough
GU14 9JG

Registered Number

10915175 (England and Wales)
LUMEN DIGITAL LTD.
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets321,17223,803
21,17223,803
Current assets
Debtors20,28428,074
Cash at bank and on hand173,290122,614
193,574150,688
Creditors amounts falling due within one year4(31,589)(27,608)
Net current assets (liabilities)161,985123,080
Total assets less current liabilities183,157146,883
Provisions for liabilities5(2,219)(2,118)
Net assets180,938144,765
Capital and reserves
Called up share capital111100
Profit and loss account180,827144,665
Shareholders' funds180,938144,765
The financial statements were approved and authorised for issue by the Director on 3 December 2024, and are signed on its behalf by:
Benjamin James Harraway
Director
Registered Company No. 10915175
LUMEN DIGITAL LTD.
Notes to the Financial Statements
for the year ended 31 March 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.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year01
3.Tangible fixed assets

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 April 2340,00020,70160,701
Additions-4,4264,426
At 31 March 2440,00025,12765,127
Depreciation and impairment
At 01 April 2327,3449,55436,898
Charge for year3,1643,8937,057
At 31 March 2430,50813,44743,955
Net book value
At 31 March 249,49211,68021,172
At 31 March 2312,65611,14723,803
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables13645
Taxation and social security31,45227,541
Other creditors11
Accrued liabilities and deferred income-21
Total31,58927,608
5.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)2,2192,118
Total2,2192,118