Luminex Consulting Limited - Filleted accounts

Luminex Consulting Limited
Registered number:		14621015
Statement of Financial Position
as at 31 January 2025

Notes		2025			2024
£				£
Fixed assets
Tangible assets	4		32,107			18,083

Current assets
Debtors	5	394,296			295,779
Cash at bank and in hand		45,057			8,290
		439,353			304,069

Creditors: amounts falling due within one year	6	(329,844)			(239,166)

Net current assets			109,509			64,903

Total assets less current liabilities			141,616			82,986


Provisions for liabilities			(5,230)			(4,092)


Net assets			136,386			78,894

Capital and reserves
Called up share capital			100			100
Profit and loss account			136,286			78,794

Shareholder's funds			136,386			78,894

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Andrew Wigmore
Director
Approved by the board on 24 September 2025

Luminex Consulting Limited
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			33.33% straight line

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.



2	Exceptional items					2025		2024
£							£

	Intercompany loan write off					-		(100,703)
						-		(100,703)


3	Employees and directors					2025		2024
Number							Number

	Average number of directors and persons employed by the company					19		15


4	Tangible fixed assets
				Leasehold Property		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 February 2024			-		27,123		27,123
	Additions			11,189		17,812		29,001
	At 31 January 2025			11,189		44,935		56,124

	Depreciation
	At 1 February 2024			-		9,040		9,040
	Charge for the year			-		14,977		14,977
	At 31 January 2025			-		24,017		24,017

	Net book value
	At 31 January 2025			11,189		20,918		32,107
	At 31 January 2024			-		18,083		18,083




5	Debtors					2025		2024
£							£

	Trade debtors					263,908		238,584
	Prepayments					12,058		7,215
	Accrued income					110,345		43,357
	Other debtors					7,985		6,623
						394,296		295,779


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					15,056		13,017
	Accruals					33,430		53,876
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					631		601
	Corporation tax					146,737		27,502
	Other taxes and social security costs					98,793		77,808
	Other creditors					35,197		66,362
						329,844		239,166


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Andrew Wigmore
	Repayable on demand	-		1,415		-		1,415

		-		1,415		-		1,415


8	Other information

	Luminex Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3b (First Floor) Theale Lakes Business Park
	Moulden Way
	Reading
	Berskshire
	RG7 4GB