Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06703057 Mr James Viventi Mr Giorgio Viventi Mr Giorgio Viventi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06703057 2023-09-30 06703057 2024-09-30 06703057 2023-10-01 2024-09-30 06703057 frs-core:CurrentFinancialInstruments 2024-09-30 06703057 frs-core:Non-currentFinancialInstruments 2024-09-30 06703057 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 06703057 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06703057 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 06703057 frs-core:RevaluationReserve 2023-09-30 06703057 frs-core:RevaluationReserve 2024-09-30 06703057 frs-core:ShareCapital 2024-09-30 06703057 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06703057 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06703057 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06703057 frs-bus:SmallEntities 2023-10-01 2024-09-30 06703057 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06703057 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06703057 frs-bus:Director1 2023-10-01 2024-09-30 06703057 frs-bus:Director2 2023-10-01 2024-09-30 06703057 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 06703057 frs-countries:EnglandWales 2023-10-01 2024-09-30 06703057 2022-09-30 06703057 2023-09-30 06703057 2022-10-01 2023-09-30 06703057 frs-core:CurrentFinancialInstruments 2023-09-30 06703057 frs-core:Non-currentFinancialInstruments 2023-09-30 06703057 frs-core:RevaluationReserve 2023-09-30 06703057 frs-core:ShareCapital 2023-09-30 06703057 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 06703057
Lumia Lofts Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
B&SW Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06703057
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,000,000 11,000,000
11,000,000 11,000,000
CURRENT ASSETS
Debtors 5 1,565,363 1,396,815
Cash at bank and in hand 17,048 35,106
1,582,411 1,431,921
Creditors: Amounts Falling Due Within One Year 6 (5,718 ) (51,722 )
NET CURRENT ASSETS (LIABILITIES) 1,576,693 1,380,199
TOTAL ASSETS LESS CURRENT LIABILITIES 12,576,693 12,380,199
Creditors: Amounts Falling Due After More Than One Year 7 (6,905,680 ) (6,905,680 )
NET ASSETS 5,671,013 5,474,519
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 4,730,846 4,730,846
Profit and Loss Account 940,067 743,573
SHAREHOLDERS' FUNDS 5,671,013 5,474,519
Page 1
Page 2
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.
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 Giorgio Viventi
Director
26/06/2025
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
Lumia Lofts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06703057 . The registered office is Toad Hall Cattawade Street, Cattawade, Manningtree, CO11 1RG.
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:
Freehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 0 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 October 2023 11,000,000
As at 30 September 2024 11,000,000
Net Book Value
As at 30 September 2024 11,000,000
As at 1 October 2023 11,000,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors (3,523 ) 27,614
Amounts owed by other participating interests 1,568,886 1,369,201
1,565,363 1,396,815
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,318 5,318
Accruals and deferred income 2,400 46,404
5,718 51,722
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,905,680 6,905,680
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 October 2023 4,730,846
As at 30 September 2024 4,730,846
Page 4