Registered number: 14996077

 
 
 
 
 
 
 
 
 
 
 
 
LUMINA STUDIOS GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

BALANCE SHEET

AS AT 31 DECEMBER 2023

    

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 

The notes on pages 3 to 5 form part of these financial statements.

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

Lumina Studios Group Limited is a private company, limited by shares, registered in England and Wales, registration number 14996077. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The company was incorporated on 11 July 2023 and commenced trade on the same date.

The principal activity of of the company is that of a holding company.

A written resolution was passed on 11 April 2025 to shorten the accounting reference date of the company from 31 December 2024 to 31 December 2023.

2.Accounting policies

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

The financial statements have been prepared on the going concern basis as the directors have confirmed that they will continue to provide necessary funding in order for the company to maintain its operations and meet liabilities in full for at least the next 12 months. On this basis, the directors are satisfied that the financial statements should be prepared on a going concern basis.

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings are presented in the statement of comprehensive income within 'administrative expenses'. All other foreign exchange gains and
losses are presented in profit and loss account.

Investments in subsidiaries and associates are measured at cost less accumulated impairment.

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

Short-term debtors are measured at transaction price, less any impairment.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Short-term creditors are measured at the transaction price.

The company enters into basic financial instrument transactions that result in the recognition of

financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties and investments in ordinary shares.

The average monthly number of employees, including directors, during the period was 2.

 

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

On incorporation, 1,000 ordinary shares of £0.01 each were issued and fully paid at par.
On 6 December 2023, the company subdivided its ordinary shares into 100,000 ordinary shares of £0.0001 each. On the same date, the company issued 24,351 ordinary shares of £0.0001 each at par.
On 15 December 2023, the company redesignated its ordianry shares into ordinary A shares and created a new class of ordinary B shares. On the same date, the company issued 1,249 ordinary B shares of £0.0001 each at par.
The 'A' and 'B' ordinary shares rank pari passu. There are no restrictions on the distribution of dividends and the repayment of capital.