Company Registration No. 05788157 (England and Wales)
Lumiere Studios Limited
Unaudited accounts
for the year ended 30 April 2024
Lumiere Studios Limited
Unaudited accounts
Contents
Lumiere Studios Limited
Company Information
for the year ended 30 April 2024
Directors
Duncan Burch
Gavin Lester
Company Number
05788157 (England and Wales)
Registered Office
The Courtyard Offices Apsley House
Waterloo Lane
Chelmsford
CM1 1BD
England
Accountants
Finer Accountancy Ltd
36 Brook Lane
Galleywood
Chelmsford
Essex
CM2 8NL
Lumiere Studios Limited
Statement of financial position
as at 30 April 2024
Tangible assets
34,470
10,537
Investments
199,707
199,707
Cash at bank and in hand
51,797
37,437
Creditors: amounts falling due within one year
(69,588)
(83,081)
Net current assets
204,397
238,599
Total assets less current liabilities
238,867
249,136
Creditors: amounts falling due after more than one year
(46,950)
(63,197)
Provisions for liabilities
Other provisions
-
(2,002)
Net assets
191,917
183,937
Called up share capital
2
2
Revaluation reserve
11,871
11,871
Profit and loss account
180,044
172,064
Shareholders' funds
191,917
183,937
For the year ending 30 April 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by
Duncan Burch
Director
Company Registration No. 05788157
Lumiere Studios Limited
Notes to the Accounts
for the year ended 30 April 2024
Lumiere Studios Limited is a private company, limited by shares, registered in England and Wales, registration number 05788157. The registered office is The Courtyard Offices Apsley House, Waterloo Lane, Chelmsford, CM1 1BD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
8% Straight Line
4
Intangible fixed assets
Goodwill
Lumiere Studios Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 May 2023
-
123,319
123,319
Additions
30,000
4,128
34,128
At 30 April 2024
30,000
127,447
157,447
At 1 May 2023
-
112,782
112,782
Charge for the year
-
10,195
10,195
At 30 April 2024
-
122,977
122,977
At 30 April 2024
30,000
4,470
34,470
At 30 April 2023
-
10,537
10,537
Amounts falling due within one year
Trade debtors
16,183
78,238
7
Investments held as current assets
2024
2023
Listed investments
199,707
199,707
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
24,528
18,402
Taxes and social security
4,572
40,772
Loans from directors
30,107
16,045
9
Creditors: amounts falling due after more than one year
2024
2023
The ultimate controlling parties during the period: Mr Gavin Lester and Mr Duncan Burch. Each hold 50% of the issued share capital and are deemed the ultimate controlling parties.
Lumiere Studios Limited
Notes to the Accounts
for the year ended 30 April 2024
11
Average number of employees
During the year the average number of employees was 6 (2023: 6).