Registered number
11425481
Lume VR Limited
Unaudited Filleted Accounts
31 August 2024
Lume VR Limited
Registered number: 11425481
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 2,733 2,365
Current assets
Debtors 5 28,536 47,208
Cash at bank and in hand 236,546 58,645
265,082 105,853
Creditors: amounts falling due within one year 6 (147,179) (84,357)
Net current assets 117,903 21,496
Net assets 120,636 23,861
Capital and reserves
Called up share capital 100 100
Profit and loss account 120,536 23,761
Shareholders' funds 120,636 23,861
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A J Kitching
Director
Approved by the board on 17 April 2025
Lume VR Limited
Notes to the Accounts
for the year ended 31 August 2024
1 General information
Lume VR Limited is a private company limited by shares, incorporated in England and Wales. The company's registered number is 11425481. The address of its registered office is 26 Stanley Road, Oxford, England, OX4 1QZ.

The principal activity of the company is the development of nanoparticle software.
2 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
3 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 2,958
Additions 1,199
At 31 August 2024 4,157
Depreciation
At 1 September 2023 593
Charge for the year 831
At 31 August 2024 1,424
Net book value
At 31 August 2024 2,733
At 31 August 2023 2,365
5 Debtors 2024 2023
£ £
Deferred tax asset 20,738 23,059
Directors' loan account 7,798 24,149
28,536 47,208
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 960
Taxation and social security costs 3,678 -
Other creditors 143,501 83,397
147,179 84,357
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