LUMEN MANSIONS LTD


Director	NJEIK, Elvis Mbaku


Registered Address	30 Boundary Drive
	Wexham
	Slough
	SL2 4FQ


Registered Number	13016752 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	31 May 2025		30 Nov 2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		750
Investment property	4		-		293,550
			-		294,300
Current assets
Cash at bank and on hand		122		1,040
		122		1,040
Creditors amounts falling due within one year	5	(20,678)		(100,128)
Net current assets (liabilities)			(20,556)		(99,088)
Total assets less current liabilities			(20,556)		195,212
Creditors amounts falling due after one year	6		-		(211,449)
Net assets			(20,556)		(16,237)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(20,656)		(16,337)
Shareholders' funds			(20,556)		(16,237)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 September 2025, and are signed on its behalf by:

NJEIK, Elvis Mbaku
Director
Registered Company No. 13016752

LUMEN MANSIONS LTD

Notes to the Financial Statements
for the period ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Rental income from buy-to-let properties owned by the company is accounted for on a cash basis based on money received from tenants. Rental income excludes service charges and other costs directly recoverable from tenants.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	4

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2023
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 December 23	3,000	3,000
Disposals	(3,000)	(3,000)
Depreciation and impairment
At 01 December 23	2,250	2,250
Charge for year	750	750
On disposals	(3,000)	(3,000)
Net book value
At 31 May 25	-	-
At 30 November 23	750	750

4.	Investment property


		£
	Fair value at 01 December 23	293,550
	Additions	15,820
	Disposals	(309,370)
	At 31 May 25	-

5.	Creditors: amounts due within one year

	2025	2023
	£	£
Other creditors	19,778	97,428
Accrued liabilities and deferred income	900	2,700
Total	20,678	100,128

6.	Creditors: amounts due after one year

	2025	2023
	£	£
Bank borrowings and overdrafts	-	211,449
Total	-	211,449


	Creditors for more than one year relate to Bank loans (interest-only mortgages) for property.

7.	Related party transactions
	Included in other creditors is an amount of £19,778 (Nov 2023: £95,501), which relates to Lumen Vista Limited, where Mr. Elvis Njeik is also a director of the company.