Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 11542909 Mr John Faulks Mr Stephen Blunn Mr Sreekumar Chandrasekharan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11542909 2023-08-31 11542909 2024-08-31 11542909 2023-09-01 2024-08-31 11542909 frs-core:ComputerEquipment 2024-08-31 11542909 frs-core:ComputerEquipment 2023-09-01 2024-08-31 11542909 frs-core:ComputerEquipment 2023-08-31 11542909 frs-core:ShareCapital 2024-08-31 11542909 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 11542909 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11542909 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 11542909 frs-bus:SmallEntities 2023-09-01 2024-08-31 11542909 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11542909 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 11542909 frs-bus:Director1 2023-09-01 2024-08-31 11542909 frs-bus:Director2 2023-09-01 2024-08-31 11542909 frs-bus:Director3 2023-09-01 2024-08-31 11542909 frs-countries:EnglandWales 2023-09-01 2024-08-31 11542909 2022-08-31 11542909 2023-08-31 11542909 2022-09-01 2023-08-31 11542909 frs-core:ShareCapital 2023-08-31 11542909 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 11542909
Lumos 365 Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Tax Compute Limited
107 Promenade
Cheltenham
Gloucestershire
GL50 1NW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11542909
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 18,748 24,998
Tangible Assets 4 2,451 3,009
21,199 28,007
CURRENT ASSETS
Debtors 91,711 83,620
Cash at bank and in hand 480,027 286,798
571,738 370,418
Creditors: Amounts Falling Due Within One Year (232,978 ) (164,901 )
NET CURRENT ASSETS (LIABILITIES) 338,760 205,517
TOTAL ASSETS LESS CURRENT LIABILITIES 359,959 233,524
NET ASSETS 359,959 233,524
CAPITAL AND RESERVES
Called up share capital 5 300 300
Profit and Loss Account 359,659 233,224
SHAREHOLDERS' FUNDS 359,959 233,524
Page 1
Page 2
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Faulks
Director
11/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lumos 365 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11542909 . The registered office is 13 Royal Crescent, Cheltenham, GL50 3DA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 3 year straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 4,513
Additions 1,419
As at 31 August 2024 5,932
Depreciation
As at 1 September 2023 1,504
Provided during the period 1,977
As at 31 August 2024 3,481
Net Book Value
As at 31 August 2024 2,451
As at 1 September 2023 3,009
Page 3
Page 4
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 300 300
Page 4