REGISTERED NUMBER: 02631530 (England and Wales)

Financial Statements for the Year Ended 31 July 2024

for

Lumina Display Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Brightwell

Mrs D K Brightwell

Mrs J M Brightwell

REGISTERED OFFICE:

2 Beacon End Courtyard

London Road

Stanway

Colchester

Essex

CO3 0NU

REGISTERED NUMBER:

02631530 (England and Wales)

ACCOUNTANTS:

Xeinadin Colchester

2 Beacon End Courtyard

London Road

Stanway

Colchester

Essex

CO3 0NU

FIXED ASSETS

Tangible assets

4

34,161

49,483

CURRENT ASSETS

Debtors

5

114,416

208,282

Cash at bank

155,885

185,207

270,301

393,489

CREDITORS

Amounts falling due within one year

6

26,794

66,690

NET CURRENT ASSETS

243,507

326,799

TOTAL ASSETS LESS CURRENT LIABILITIES

277,668

376,282

PROVISIONS FOR LIABILITIES

6,237

9,402

NET ASSETS

271,431

366,880

CAPITAL AND RESERVES

Called up share capital

200

200

Capital redemption reserve

2

2

Retained earnings

271,229

366,678

SHAREHOLDERS' FUNDS

271,431

366,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by:

K Brightwell - Director

1.	STATUTORY INFORMATION

Lumina Display Systems 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 August 2023

5,774

32,637

14,930

Additions

-

-

-

At 31 July 2024

5,774

32,637

14,930

DEPRECIATION

At 1 August 2023

4,491

32,637

13,058

Charge for year

641

-

904

At 31 July 2024

5,132

32,637

13,962

NET BOOK VALUE

At 31 July 2024

642

-

968

At 31 July 2023

1,283

-

1,872

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 August 2023

18,956

116,404

188,701

Additions

-

7,906

7,906

At 31 July 2024

18,956

124,310

196,607

DEPRECIATION

At 1 August 2023

5,035

83,997

139,218

Charge for year

3,480

18,203

23,228

At 31 July 2024

8,515

102,200

162,446

NET BOOK VALUE

At 31 July 2024

10,441

22,110

34,161

At 31 July 2023

13,921

32,407

49,483

5.

DEBTORS

31.7.24

31.7.23

£

£

Amounts falling due within one year:

Trade debtors

2,740

50,050

Other debtors

26,236

26,592

28,976

76,642

31.7.24

31.7.23

£

£

Amounts falling due after more than one year:

Other debtors

85,440

131,640

Aggregate amounts

114,416

208,282

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.24

31.7.23

£

£

Trade creditors

9,451

9,045

Taxation and social security

6,534

27,296

Other creditors

10,809

30,349

26,794

66,690