LUXE.ART GLOBAL LTD

Company Registration Number:
12308253 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

LUXE.ART GLOBAL LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

LUXE.ART GLOBAL LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 50,000 20,000
Tangible assets: 4 71,850 38,600
Investments: 5 1,895,500 1,667,500
Total fixed assets: 2,017,350 1,726,100
Current assets
Stocks: 915,750 11,290
Debtors:   0 4,850
Cash at bank and in hand: 342,519 109,412
Investments:   185,700 261,000
Total current assets: 1,443,969 386,552
Creditors: amounts falling due within one year:     (183,718)
Net current assets (liabilities): 1,443,969 202,834
Total assets less current liabilities: 3,461,319 1,928,934
Creditors: amounts falling due after more than one year:     (1,210,800)
Provision for liabilities: (35,000) (30,000)
Total net assets (liabilities): 3,426,319 688,134
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 2,402,804
Profit and loss account: 1,022,515 687,134
Shareholders funds: 3,426,319 688,134

The notes form part of these financial statements

LUXE.ART GLOBAL LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 April 2024
and signed on behalf of the board by:

Name: peter owen
Status: Director

The notes form part of these financial statements

LUXE.ART GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

LUXE.ART GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 11 4

LUXE.ART GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 20,000
Additions 30,000
At 30 June 2023 50,000
Net book value
At 30 June 2023 50,000
At 30 June 2022 20,000

LUXE.ART GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 38,600
Additions 49,462
Disposals (16,212)
At 30 June 2023 71,850
Net book value
At 30 June 2023 71,850
At 30 June 2022 38,600

LUXE.ART GLOBAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed investments

purchase new stock and equipment