Lux Travel Consultants LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC370447

		31 March 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		553,980		597,673

			553,980		597,673
CURRENT ASSETS
Debtors	5	157,588		77,728
Cash at bank		4,281,605		4,013,913

		4,439,193		4,091,641
Creditors: Amounts Falling Due Within One Year	6	(3,820,702 )		(15,078 )

NET CURRENT ASSETS (LIABILITIES)			618,491		4,076,563

TOTAL ASSETS LESS CURRENT LIABILITIES			1,172,471		4,674,236

Creditors: Amounts Falling Due After More Than One Year	7		-		(3,600,299 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,172,471		1,073,937

REPRESENTED BY:
Equity
Members' other interests
Members' capital		172,557		157,643
Other reserves		999,914		916,294

			1,172,471		1,073,937

TOTAL MEMBERS' INTEREST
Members' other interests			1,172,471		1,073,937

			1,172,471		1,073,937

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Lux Travel Consultants LLP

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mrs Beena Samtani

Designated Member

5 June 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Lux Travel Consultants LLP is a limited liability partnership, incorporated in England & Wales, registered number OC370447 . The Registered Office is Suite 9, 2 Station Court, Townmead Road, London, SW6 2PY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

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	No Depreciation
Motor Vehicles	20% straight line method
Fixtures & Fittings	25% reducing balance method
Computer Equipment	33.33% straight line method

2.4. Provisions

Provisions (ie liabilities of uncertain timing or amount) 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.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: 2 (2023: 2)

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Lux Travel Consultants LLP

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	463,741	177,219	13,230	654,190

As at 31 March 2025	463,741	177,219	13,230	654,190

Depreciation
As at 1 January 2024	-	43,357	13,160	56,517
Provided during the period	-	43,671	22	43,693

As at 31 March 2025	-	87,028	13,182	100,210

Net Book Value
As at 31 March 2025	463,741	90,191	48	553,980

As at 1 January 2024	463,741	133,862	70	597,673

5. Debtors

	31 March 2025	31 December 2023
	£	£
Due within one year
Trade debtors	149,220	69,360
Other debtors	8,368	8,368

	157,588	77,728

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 December 2023
	£	£
Trade creditors	4,300	300
Other creditors	3,814,652	4,000
Taxation and social security	1,750	10,778

	3,820,702	15,078

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 December 2023
	£	£
Other creditors	-	3,600,299

8. Related Party Transactions

Mrs Beena Samtani and Sharuna Samtani are the designated members of the LLP. At the end of the year £1,172,472 is owed to Mrs B and Mrs S Samtani by the Lux Travel Consultant LLP.

9. Other information

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Lux Travel Consultants LLP

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

BSP Outstanding cash sales at the financial year ended 31 December 2023 was £11,457.

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