1 1 Lux Park Limited 13770271 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is the development and funding of building projects. Digita Accounts Production Advanced 6.30.9574.0 true 13770271 2023-12-01 2024-11-30 13770271 2024-11-30 13770271 core:RetainedEarningsAccumulatedLosses 2024-11-30 13770271 core:ShareCapital 2024-11-30 13770271 core:CurrentFinancialInstruments 2024-11-30 13770271 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 13770271 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-11-30 13770271 bus:SmallEntities 2023-12-01 2024-11-30 13770271 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 13770271 bus:FilletedAccounts 2023-12-01 2024-11-30 13770271 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 13770271 bus:RegisteredOffice 2023-12-01 2024-11-30 13770271 bus:Director1 2023-12-01 2024-11-30 13770271 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13770271 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-12-01 2024-11-30 13770271 countries:EnglandWales 2023-12-01 2024-11-30 13770271 2022-12-01 2023-11-30 13770271 2023-11-30 13770271 core:RetainedEarningsAccumulatedLosses 2023-11-30 13770271 core:ShareCapital 2023-11-30 13770271 core:CurrentFinancialInstruments 2023-11-30 13770271 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13770271 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2023-11-30 13770271 core:PreviouslyStatedAmount 2023-11-30 xbrli:pure iso4217:GBP

Registration number: 13770271

Lux Park Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

Lux Park Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Lux Park Limited

(Registration number: 13770271)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

3,056,875

-

Cash at bank and in hand

 

86

1

 

3,056,961

1

Creditors: Amounts falling due within one year

5

(2,615,343)

-

Net assets

 

441,618

1

Capital and reserves

 

Called up share capital

1

1

Retained earnings

441,617

-

Shareholders' funds

 

441,618

1

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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 June 2025
 

.........................................
Mr N S Griffiths
Director

 

Lux Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Former Eaton Park
Worcester Avenue
Doncaster
South Yorkshire
DN2 4NB

These financial statements were authorised for issue by the director on 4 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Lux Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

2024
£

2023
£

Other debtors

3,056,875

-

3,056,875

-

 

Lux Park Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to related parties

6

2,468,137

-

Corporation tax

 

147,206

-

 

2,615,343

-

6

Related party transactions

Loans from related parties

2024

Entities with joint control or significant influence
£

Total
£

Advanced

2,468,137

2,468,137

At end of period

2,468,137

2,468,137

Terms of loans from related parties

There are no repayment terms and interest is not charged on the balances.