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Registration number: 13285571

Lux Integrate Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024

 

Lux Integrate Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

Lux Integrate Limited

(Registration number: 13285571)
Statement of Financial Position as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

26,651

37,128

Cash at bank and in hand

 

27,616

5,703

 

54,267

42,831

Creditors: Amounts falling due within one year

5

(120,142)

(82,154)

Net liabilities

 

(65,875)

(39,323)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(65,975)

(39,423)

Shareholders' deficit

 

(65,875)

(39,323)

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 27 February 2025 and signed on its behalf by:
 

.........................................
A J Hussain
Director

 

Lux Integrate Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales. .

The address of its registered office is:
Beever and Struthers
One Express
1 George Leigh Street
Manchester
M4 5DL

These financial statements were authorised for issue by the Board on 27 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.
The company has a net deficit of £65,875 as at 31 May 2024. The company is supported by the directors and shareholders who have provided, and will continue to provide, the financial support necessary to the company to enable it to continue to meet it's liabilities as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Lux Integrate Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Debtors

Current

2024
£

2023
£

Trade debtors

18,011

26,292

Other debtors

8,640

10,836

 

26,651

37,128

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Trade creditors

 

3,866

2,296

Amounts owed to group undertakings and undertakings in which the company has a participating interest

6

98,832

32,100

Taxation and social security

 

11,458

18,065

Accruals and deferred income

 

2,618

1,200

Other creditors

 

3,368

28,493

 

120,142

82,154

6

Related party transactions

Included in creditors- amounts due within one year are Intercompany amounts for Dare2Dream 15 Ltd of £2,000 and for Savage Sound & Vision Ltd of £96,832.