2024-03-01 2025-02-28 false Capium Accounts Production 1.1 10927255 2024-03-01 2025-02-28 10927255 bus:AbridgedAccounts 2024-03-01 2025-02-28 10927255 bus:FRS102 2024-03-01 2025-02-28 10927255 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 10927255 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 10927255 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10927255 2024-03-01 2025-02-28 10927255 2025-02-28 10927255 bus:RegisteredOffice 2024-03-01 2025-02-28 10927255 core:WithinOneYear 2025-02-28 10927255 core:AfterOneYear 2025-02-28 10927255 1 2024-03-01 2025-02-28 10927255 bus:Director1 2024-03-01 2025-02-28 10927255 bus:Director1 2025-02-28 10927255 bus:Director1 2023-03-01 2024-02-29 10927255 bus:Director2 2024-03-01 2025-02-28 10927255 bus:Director2 2025-02-28 10927255 bus:Director2 2023-03-01 2024-02-29 10927255 2023-03-01 10927255 bus:LeadAgentIfApplicable 2024-03-01 2025-02-28 10927255 2023-03-01 2024-02-29 10927255 2024-02-29 10927255 core:WithinOneYear 2024-02-29 10927255 core:AfterOneYear 2024-02-29 10927255 bus:EntityAccountantsOrAuditors 2023-03-01 2024-02-29 10927255 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 10927255 bus:OrdinaryShareClass1 2025-02-28 10927255 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 10927255 bus:OrdinaryShareClass1 2024-02-29 10927255 core:InvestmentProperties 2024-03-01 2025-02-28 10927255 core:InvestmentProperties 2025-02-28 10927255 core:InvestmentProperties 2024-02-29 10927255 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-02-28 10927255 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 10927255 core:CostValuation core:Non-currentFinancialInstruments 2025-02-28 10927255 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 10927255 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-02-28 10927255 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 10927255 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 10927255 core:Non-currentFinancialInstruments 2025-02-28 10927255 core:Non-currentFinancialInstruments 2024-02-29 10927255 core:ShareCapital 2025-02-28 10927255 core:ShareCapital 2024-02-29 10927255 core:RetainedEarningsAccumulatedLosses 2025-02-28 10927255 core:RetainedEarningsAccumulatedLosses 2024-02-29 10927255 dpl:Item1 2024-03-01 10927255 dpl:Item1 2025-02-28 10927255 dpl:Item1 2023-03-01 10927255 dpl:Item1 2024-02-29 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 10927255
England and Wales

 

 

 

LUTHER & SPINX LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 March 2024

End date: 28 February 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Luther & Spinx Limited for the year ended 28 February 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Luther & Spinx Limited for the year ended 28 February 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Luther & Spinx Limited, as a body, in accordance with the terms of our engagement letter dated 15 May 2025.

Our work has been undertaken solely to prepare for your approval the accounts of Luther & Spinx Limited and state those matters that we have agreed to state to the Board of Directors of Luther & Spinx Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luther & Spinx Limited and its Board of Directors as a body for our work or for this report.

 It is your duty to ensure that Luther & Spinx Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Luther & Spinx Limited .


You consider that Luther & Spinx Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Luther & Spinx Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended 28 February 2025




....................................................
aa Chartered Accountants
5 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
15 May 2025
1
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 3,030,367   
3,030,367   
Current assets      
Debtors 89,001    2,269 
Cash at bank and in hand 20,011    8,463 
109,012    10,732 
Creditors: amount falling due within one year (904,929)   (22,943)
Net current assets (795,917)   (12,211)
 
Total assets less current liabilities 2,234,450    (12,211)
Creditors: amount falling due after more than one year (2,274,671)  
Net assets (40,221)   (12,211)
 

Capital and reserves
     
Called up share capital 4 2    2 
Profit and loss account (40,223)   (12,213)
Shareholders' funds (40,221)   (12,211)
 


For the year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 15 May 2025 and were signed on its behalf by:


-------------------------------
Leon Edwards
Director
2
General Information
Luther & Spinx Limited is a private company, limited by shares, registered in England and Wales, registration number 10927255, registration address 4 Princewood Road, Earlstrees Industrial Estate, Corby, NN17 4AP.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Change in accounting policy
For commercial reasons the directors have chosen to change the accounting policy from FRS105 to FRS102 (1a).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees including directors

Average number of employees during the year was 2 (2024 : 2).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 March 2024  
Additions 3,030,367    3,030,367 
Disposals  
At 28 February 2025 3,030,367    3,030,367 
Depreciation
At 01 March 2024  
Charge for year  
On disposals  
At 28 February 2025  
Net book values
Closing balance as at 28 February 2025 3,030,367    3,030,367 
Opening balance as at 01 March 2024  


4.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
2 Class A shares of £1.00 each  
 

5.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2025
£
 2024
£
 2025
£
 2024
£
AR Mill Street81,216 

During the year the company was advanced £81,216 from AR Mill Street registration number 12040531 a company controlled by similar directors and shareholders.
3