Company Registration No. 13679692 (England and Wales)
Lumino Solutions Ltd
Unaudited accounts
for the year ended 31 October 2024
Lumino Solutions Ltd
Unaudited accounts
Contents
Lumino Solutions Ltd
Company Information
for the year ended 31 October 2024
Directors
Thomas William Wootton
Rebecca Claudia Rebecca
Company Number
13679692 (England and Wales)
Registered Office
14 Braxted Park
Streatham
London
London
SW16 3DW
England
Lumino Solutions Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
14,365
20,220
Cash at bank and in hand
88,997
43,443
Creditors: amounts falling due within one year
(56,070)
(26,815)
Net current assets
70,935
45,432
Called up share capital
1
1
Profit and loss account
85,299
65,651
Shareholders' funds
85,300
65,652
For the year ending 31 October 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by
Thomas William Wootton
Director
Company Registration No. 13679692
Lumino Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
Lumino Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 13679692. The registered office is 14 Braxted Park, Streatham, London, London, SW16 3DW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
The accounts are presented in £ sterling.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statement have been prepared on a going concern basis on the grounds that the Directors have confirmed they will continue to support the company
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Lumino Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
681
24,100
2,424
27,205
At 31 October 2024
681
24,100
3,540
28,321
At 1 November 2023
273
6,025
687
6,985
Charge for the year
170
6,025
776
6,971
At 31 October 2024
443
12,050
1,463
13,956
At 31 October 2024
238
12,050
2,077
14,365
At 31 October 2023
408
18,075
1,737
20,220
Amounts falling due within one year
Trade debtors
22,002
28,804
Amounts due from group undertakings etc.
3,090
-
Accrued income and prepayments
1,872
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
36,608
13,323
Loans from directors
-
299
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
(143)
113,152
103,257
9,752
(299)
127,197
115,854
11,044
The loan is unsecured and is repayable on demand.
Lumino Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).