Silverfin false false 30/11/2024 01/12/2023 30/11/2024 James Fisher 19/10/2023 Kevin Hilton 04/02/2021 Aaron Suleyman 19/10/2023 Christopher George Wilson 04/02/2021 29 May 2025 The principal activity of the Company during the financial year was of specialised design activities. 13179748 2024-11-30 13179748 bus:Director1 2024-11-30 13179748 bus:Director2 2024-11-30 13179748 bus:Director3 2024-11-30 13179748 bus:Director4 2024-11-30 13179748 2023-11-30 13179748 core:CurrentFinancialInstruments 2024-11-30 13179748 core:CurrentFinancialInstruments 2023-11-30 13179748 core:ShareCapital 2024-11-30 13179748 core:ShareCapital 2023-11-30 13179748 core:RetainedEarningsAccumulatedLosses 2024-11-30 13179748 core:RetainedEarningsAccumulatedLosses 2023-11-30 13179748 core:FurnitureFittings 2023-11-30 13179748 core:ComputerEquipment 2023-11-30 13179748 core:FurnitureFittings 2024-11-30 13179748 core:ComputerEquipment 2024-11-30 13179748 2023-12-01 2024-11-30 13179748 bus:FilletedAccounts 2023-12-01 2024-11-30 13179748 bus:SmallEntities 2023-12-01 2024-11-30 13179748 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 13179748 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13179748 bus:Director1 2023-12-01 2024-11-30 13179748 bus:Director2 2023-12-01 2024-11-30 13179748 bus:Director3 2023-12-01 2024-11-30 13179748 bus:Director4 2023-12-01 2024-11-30 13179748 core:FurnitureFittings 2023-12-01 2024-11-30 13179748 core:ComputerEquipment 2023-12-01 2024-11-30 13179748 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Company No: 13179748 (England and Wales)

LUUX DIGITAL MEDIA LIMITED

Unaudited Financial Statements
For the financial year ended 30 November 2024
Pages for filing with the registrar

LUUX DIGITAL MEDIA LIMITED

Unaudited Financial Statements

For the financial year ended 30 November 2024

Contents

LUUX DIGITAL MEDIA LIMITED

COMPANY INFORMATION

For the financial year ended 30 November 2024
LUUX DIGITAL MEDIA LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 November 2024
DIRECTORS James Fisher
Kevin Hilton
Aaron Suleyman
Christopher George Wilson
REGISTERED OFFICE Gascoyne House Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
IP28 6JY
United Kingdom
COMPANY NUMBER 13179748 (England and Wales)
CHARTERED ACCOUNTANTS Gascoynes
Gascoyne House
Moseleys Farm Business Centre
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6JY
LUUX DIGITAL MEDIA LIMITED

BALANCE SHEET

As at 30 November 2024
LUUX DIGITAL MEDIA LIMITED

BALANCE SHEET (continued)

As at 30 November 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 11,695 4,714
11,695 4,714
Current assets
Debtors 4 687,393 876,796
Cash at bank and in hand 709,250 607,780
1,396,643 1,484,576
Creditors: amounts falling due within one year 5 ( 833,572) ( 920,307)
Net current assets 563,071 564,269
Total assets less current liabilities 574,766 568,983
Net assets 574,766 568,983
Capital and reserves
Called-up share capital 100 100
Profit and loss account 574,666 568,883
Total shareholders' funds 574,766 568,983

For the financial year ending 30 November 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Luux Digital Media Limited (registered number: 13179748) were approved and authorised for issue by the Board of Directors on 29 May 2025. They were signed on its behalf by:

Kevin Hilton
Director
LUUX DIGITAL MEDIA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
LUUX DIGITAL MEDIA LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 November 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Luux Digital Media Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gascoyne House Moseleys Farm Business Centre, Fornham All Saints, Bury St Edmunds, IP28 6JY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 25 % reducing balance
Computer equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 9 5

3. Tangible assets

Fixtures and fittings Computer equipment Total
£ £ £
Cost
At 01 December 2023 1,426 4,719 6,145
Additions 1,705 7,663 9,368
At 30 November 2024 3,131 12,382 15,513
Accumulated depreciation
At 01 December 2023 287 1,144 1,431
Charge for the financial year 377 2,010 2,387
At 30 November 2024 664 3,154 3,818
Net book value
At 30 November 2024 2,467 9,228 11,695
At 30 November 2023 1,139 3,575 4,714

4. Debtors

2024 2023
£ £
Trade debtors 670,689 771,493
Amounts owed by Group undertakings 0 25,747
Other debtors 16,704 79,556
687,393 876,796

5. Creditors: amounts falling due within one year

2024 2023
£ £
Bank overdrafts 80,573 82,644
Trade creditors 160,274 189,916
Amounts owed to Group undertakings 34,239 45,355
Taxation and social security 136,947 189,616
Other creditors 421,539 412,776
833,572 920,307

6. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Directors loan account - Chris Wilson 1,432 0
Directors loan account - Kevin Hilton 9,653 0

Other related party transactions

2024 2023
£ £
Management charges from Luux Media Limited/ Chris Wilson 400,000 272,866
Management charges from LDM Agency DMCC/ Kevin Hilton 400,000 272,866
0 0