18 January 2024 false No description of principal activity Taxfiler 2024.6 15423007business:PrivateLimitedCompanyLtd2024-01-182025-01-31 154230072024-01-17 154230072024-01-182025-01-31 15423007business:AuditExemptWithAccountantsReport2024-01-182025-01-31 15423007business:FilletedAccounts2024-01-182025-01-31 154230072025-01-31 15423007business:Director12024-01-182025-01-31 15423007business:RegisteredOffice2024-01-182025-01-31 15423007core:WithinOneYear2025-01-31 15423007core:AfterOneYear2025-01-31 15423007core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 15423007core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 15423007core:PreviouslyStatedAmount2025-01-31 15423007business:SmallEntities2024-01-182025-01-31 15423007countries:EnglandWales2024-01-182025-01-31 15423007core:MotorVehicles2024-01-182025-01-31 15423007core:FurnitureFittings2024-01-182025-01-31 15423007core:ComputerEquipment2024-01-182025-01-31 15423007core:MotorVehicles2024-01-17 15423007core:FurnitureFittings2024-01-17 15423007core:ComputerEquipment2024-01-17 15423007core:MotorVehicles2025-01-31 15423007core:FurnitureFittings2025-01-31 15423007core:ComputerEquipment2025-01-31 15423007core:AcceleratedTaxDepreciationDeferredTax2025-01-31 15423007business:OrdinaryShareClass12024-01-182025-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15423007 (England and Wales)
Luke Combs UK Tribute Ltd Unaudited accounts for the period from 18 January 2024 to 31 January 2025
Luke Combs UK Tribute Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Luke Combs UK Tribute Ltd Company Information for the period from 18 January 2024 to 31 January 2025
Director
Liam Price
Company Number
15423007 (England and Wales)
Registered Office
71 Woodland Avenue Wolverhampton WV6 8ND
Accountants
Nellys Accountants Ltd 71 Woodland Avenue Tettenhall Wood Wolverhampton West Midlands WV6 8ND
- 3 -
Luke Combs UK Tribute Ltd Statement of financial position as at 31 January 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
37,829 
Current assets
Inventories
10,000 
Debtors
5
2,775 
Cash at bank and in hand
77,860 
90,635 
Creditors: amounts falling due within one year
6
(29,384)
Net current assets
61,251 
Total assets less current liabilities
99,080 
Creditors: amounts falling due after more than one year
7
(27,596)
Provisions for liabilities
Deferred tax
8
(9,411)
Net assets
62,073 
Capital and reserves
Called up share capital
9
100 
Profit and loss account
61,973 
Shareholders' funds
62,073 
For the period ending 31 January 2025 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 director acknowledges his 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 and authorised for issue on 3 October 2025 and were signed on its behalf by
Liam Price Director Company Registration No. 15423007
- 4 -
Luke Combs UK Tribute Ltd Notes to the Accounts for the period from 18 January 2024 to 31 January 2025
1
Statutory information
Luke Combs UK Tribute Ltd is a private company, limited by shares, registered in England and Wales, registration number 15423007. The registered office is 71 Woodland Avenue, Wolverhampton, WV6 8ND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Luke Combs UK Tribute Ltd Notes to the Accounts for the period from 18 January 2024 to 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 18 January 2024
- 
- 
- 
- 
Additions
41,618 
6,363 
1,589 
49,570 
At 31 January 2025
41,618 
6,363 
1,589 
49,570 
Depreciation
Charge for the period
10,388 
955 
398 
11,741 
At 31 January 2025
10,388 
955 
398 
11,741 
Net book value
At 31 January 2025
31,230 
5,408 
1,191 
37,829 
5
Debtors
2025 
£ 
Amounts falling due within one year
Trade debtors
2,500 
Other debtors
275 
2,775 
6
Creditors: amounts falling due within one year
2025 
£ 
VAT
1,429 
Obligations under finance leases and hire purchase contracts
5,861 
Taxes and social security
18,839 
Loans from directors
455 
Accruals
2,800 
29,384 
7
Creditors: amounts falling due after more than one year
2025 
£ 
Obligations under finance leases and hire purchase contracts
27,596 
8
Deferred taxation
2025 
£ 
Accelerated capital allowances
9,411 
2025 
£ 
Charged to the profit and loss account
9,411 
Provision at end of period
9,411 
- 6 -
Luke Combs UK Tribute Ltd Notes to the Accounts for the period from 18 January 2024 to 31 January 2025
9
Share capital
2025 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
10
Average number of employees
During the period the average number of employees was 0.
- 7 -