IRIS Accounts Production v24.3.2.46 03980781 director 1.5.23 30.4.24 30.4.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh039807812023-04-30039807812024-04-30039807812023-05-012024-04-30039807812022-04-30039807812022-05-012023-04-30039807812023-04-3003980781ns15:EnglandWales2023-05-012024-04-3003980781ns14:PoundSterling2023-05-012024-04-3003980781ns10:Director12023-05-012024-04-3003980781ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003980781ns10:SmallEntities2023-05-012024-04-3003980781ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003980781ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003980781ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003980781ns10:FullAccounts2023-05-012024-04-3003980781ns10:OrdinaryShareClass22023-05-012024-04-3003980781ns10:OrdinaryShareClass32023-05-012024-04-3003980781ns10:OrdinaryShareClass52023-05-012024-04-3003980781ns10:CompanySecretary12023-05-012024-04-3003980781ns10:RegisteredOffice2023-05-012024-04-3003980781ns5:CurrentFinancialInstruments2024-04-3003980781ns5:CurrentFinancialInstruments2023-04-3003980781ns5:ShareCapital2024-04-3003980781ns5:ShareCapital2023-04-3003980781ns5:SharePremium2024-04-3003980781ns5:SharePremium2023-04-3003980781ns5:CapitalRedemptionReserve2024-04-3003980781ns5:CapitalRedemptionReserve2023-04-3003980781ns5:RetainedEarningsAccumulatedLosses2024-04-3003980781ns5:RetainedEarningsAccumulatedLosses2023-04-3003980781ns5:LeaseholdImprovements2023-05-012024-04-3003980781ns5:PlantMachinery2023-05-012024-04-3003980781ns5:LeaseholdImprovements2023-04-3003980781ns5:PlantMachinery2023-04-3003980781ns5:LeaseholdImprovements2024-04-3003980781ns5:PlantMachinery2024-04-3003980781ns5:LeaseholdImprovements2023-04-3003980781ns5:PlantMachinery2023-04-3003980781ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003980781ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003980781ns10:OrdinaryShareClass22024-04-3003980781ns10:OrdinaryShareClass32024-04-3003980781ns10:OrdinaryShareClass52024-04-30039807811ns10:Director12023-04-30039807811ns10:Director12022-04-30039807811ns10:Director12023-05-012024-04-30039807811ns10:Director12022-05-012023-04-30039807811ns10:Director12024-04-30039807811ns10:Director12023-04-30
REGISTERED NUMBER: 03980781 (England and Wales)











Financial Statements

for the Year Ended 30 April 2024

for

LUX PHOTODIGITAL LIMITED

LUX PHOTODIGITAL LIMITED (REGISTERED NUMBER: 03980781)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LUX PHOTODIGITAL LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr L Pattison





SECRETARY: Miss Z Isaacs





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 03980781 (England and Wales)





ACCOUNTANTS: Conroy & Lermer
Chartered Accountants
42 Lytton Road
BARNET
EN5 5BY

LUX PHOTODIGITAL LIMITED (REGISTERED NUMBER: 03980781)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,042 135,469

CURRENT ASSETS
Debtors 5 228,127 158,936
Cash at bank 108,848 140,446
336,975 299,382
CREDITORS
Amounts falling due within one year 6 116,635 124,031
NET CURRENT ASSETS 220,340 175,351
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,382

310,820

CAPITAL AND RESERVES
Called up share capital 7 73 73
Share premium 998 998
Capital redemption reserve 32 32
Retained earnings 333,279 309,717
SHAREHOLDERS' FUNDS 334,382 310,820

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 January 2025 and were signed by:





Mr L Pattison - Director


LUX PHOTODIGITAL LIMITED (REGISTERED NUMBER: 03980781)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Lux Photodigital Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

LUX PHOTODIGITAL LIMITED (REGISTERED NUMBER: 03980781)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2023 111,833 206,629 318,462
Additions - 16,635 16,635
Disposals - (11,336 ) (11,336 )
At 30 April 2024 111,833 211,928 323,761
DEPRECIATION
At 1 May 2023 78,283 104,710 182,993
Charge for year 11,184 23,844 35,028
Eliminated on disposal - (8,302 ) (8,302 )
At 30 April 2024 89,467 120,252 209,719
NET BOOK VALUE
At 30 April 2024 22,366 91,676 114,042
At 30 April 2023 33,550 101,919 135,469

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 168,395 149,315
Amounts owed by group undertakings 3,039 7,292
Directors' current accounts 53,319 -
Prepayments 3,374 2,329
228,127 158,936

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other loans 5,000 5,000
Trade creditors 18,066 14,894
Tax 32,296 31,577
Social security and other taxes 4,642 6,059
Net Wages 17,508 17,796
VAT 34,148 43,844
Pensions 1,925 1,811
Accrued expenses 3,050 3,050
116,635 124,031

LUX PHOTODIGITAL LIMITED (REGISTERED NUMBER: 03980781)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
50 Ordinary A £1 50 50
10 Ordinary B £1 10 10
10 Ordinary D £1 10 10
1 Ordinary E £1 1 1
1 Ordinary F £1 1 1
1 Ordinary G £1 1 1
73 73

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
Mr L Pattison
Balance outstanding at start of year - -
Amounts advanced 82,000 -
Amounts repaid (28,681 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 53,319 -

As at the balance sheet date, included in debtors due within one year us £53,319, due and payable from the director. Interest was charged on the outstanding balance at 2.5% totalling £446 for the period. The directors loan was repaid within 9 months of the balance sheet date.

9. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in debtors due within one year is £3,039 (2023: £7,292) due and payable from Lux Photodigital Holdings Ltd, a company under common by the director. During the year, the company was charged rent totalling £40,000 (2023: £40,000) by Lux Photodigital Holdings Ltd.