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COMPANY REGISTRATION NUMBER: 03640113
Lumen Services Limited
Filleted Unaudited Financial Statements
30 September 2024
Lumen Services Limited
Financial Statements
Year ended 30 September 2024
Contents
Page
Balance sheet
1
Notes to the financial statements
3
Lumen Services Limited
Balance Sheet
30 September 2024
2024
2023
Note
£
£
£
£
Fixed assets
Tangible assets
5
1,888
2,519
Current assets
Stocks
4,100
2,800
Debtors
6
11,752
28,270
Cash at bank and in hand
30,867
16,993
--------
--------
46,719
48,063
Creditors: amounts falling due within one year
7
16,851
21,448
--------
--------
Net current assets
29,868
26,615
--------
--------
Total assets less current liabilities
31,756
29,134
Provisions
Taxation including deferred tax
472
630
--------
--------
Net assets
31,284
28,504
--------
--------
Lumen Services Limited
Balance Sheet (continued)
30 September 2024
2024
2023
Note
£
£
£
£
Capital and reserves
Called up share capital
80
80
Capital redemption reserve
20
20
Profit and loss account
31,184
28,404
--------
--------
Shareholders funds
31,284
28,504
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 30 September 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 12 February 2025 , and are signed on behalf of the board by:
Mr D A Wilkinson
Director
Company registration number: 03640113
Lumen Services Limited
Notes to the Financial Statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Leasehold Property
-
50% straight line
Plant and Machinery
-
25% reducing balance
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Tangible assets
Land and buildings
Plant and machinery
Total
£
£
£
Cost
At 1 October 2023 and 30 September 2024
13,837
13,259
27,096
--------
--------
--------
Depreciation
At 1 October 2023
13,837
10,740
24,577
Charge for the year
631
631
--------
--------
--------
At 30 September 2024
13,837
11,371
25,208
--------
--------
--------
Carrying amount
At 30 September 2024
1,888
1,888
--------
--------
--------
At 30 September 2023
2,519
2,519
--------
--------
--------
6. Debtors
2024
2023
£
£
Trade debtors
11,752
28,270
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
286
16
Corporation tax
8,978
9,199
Social security and other taxes
2,679
6,730
Other creditors
4,908
5,503
--------
--------
16,851
21,448
--------
--------
8. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
7,200
Later than 1 year and not later than 5 years
1,200
-------
----
8,400
-------
----
9. Directors' advances, credits and guarantees
During the year the directors made a loan to the company. The loan is interest free and repayable on demand. At the start of the year the company owed them £372 and at the end of the year the company owed them £25.