Company Registration No. 09127328 (England and Wales)
Lumenex Lighting Ltd
Unaudited accounts
for the year ended 31 December 2024
Lumenex Lighting Ltd
Unaudited accounts
Contents
Lumenex Lighting Ltd
Company Information
for the year ended 31 December 2024
Directors
WARRILOW, David Keith
WARRILOW, Philippa Jane
Company Number
09127328 (England and Wales)
Registered Office
Tudor Garth 18a Stallingborough Road
Healing
Grimsby
DN41 7QN
England
Accountants
Archimedia Accounts
6 Edison Village
Nottingham Science & Technology Park
Nottingham
Nottinghamshire
NG72RF
Lumenex Lighting Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
1,550
2,025
Creditors: amounts falling due within one year
(604,856)
(661,794)
Net current liabilities
(604,856)
(627,190)
Net liabilities
(603,306)
(625,165)
Called up share capital
2
-
Profit and loss account
(603,308)
(625,165)
Shareholders' funds
(603,306)
(625,165)
For the year ending 31 December 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 2 April 2025 and were signed on its behalf by
WARRILOW, David Keith
Director
Company Registration No. 09127328
Lumenex Lighting Ltd
Notes to the Accounts
for the year ended 31 December 2024
Lumenex Lighting Ltd is a private company, limited by shares, registered in England and Wales, registration number 09127328. The registered office is Tudor Garth 18a Stallingborough Road, Healing, Grimsby, DN41 7QN, 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.
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
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
33% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Lumenex Lighting Ltd
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
2,958
3,307
13,927
20,192
At 31 December 2024
2,958
3,307
13,927
20,192
At 1 January 2024
2,205
2,568
13,394
18,167
Charge for the year
151
148
176
475
At 31 December 2024
2,356
2,716
13,570
18,642
At 31 December 2024
602
591
357
1,550
At 31 December 2023
753
739
533
2,025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
15,741
Loans from directors
604,856
615,764
7
Transactions with related parties
During the year the company had an interest-free loan outstanding to the director to the balance of
£604,856 (2023: £615,764).
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).