REGISTERED NUMBER: 15735373 (England and Wales)

Financial Statements

for the Period 22 May 2024 to 31 March 2025

for

LUMULO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M M Healey

REGISTERED OFFICE:

Unit 24 Basepoint Business Centre

Yeoford Way

Marsh Barton Trading Estate

Exeter

EX2 8LB

REGISTERED NUMBER:

15735373 (England and Wales)

AUDITORS:

Gravita Audit Western Limited

Chartered Accountants and Statutory Auditors

Keble House

Southernhay Gardens

Exeter

Devon

EX1 1NT

FIXED ASSETS

Investments

5

2,799,998

CREDITORS

Amounts falling due within one year

6

(1,635,290

)

NET CURRENT LIABILITIES

(1,635,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,164,708

CAPITAL AND RESERVES

Called up share capital

1,400,001

Retained earnings

(235,293

)

1,164,708

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

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2025 and were signed by:

M M Healey - Director

1.	COMPANY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Going concern

The director has decided that the company will be liquidated in the next 12 months. Therefore the financial statements have been prepared on a basis other than going concern.

Preparation of consolidated financial statements

The financial statements contain information about Lumulo Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Estimates and judgements

The financial statements include the following key estimates or judgements:

Accruals and prepayments- based on information available at the time the financial statements were approved.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

2,799,998

At 31 March 2025

2,799,998

NET BOOK VALUE

At 31 March 2025

2,799,998

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

1,633,315

Accruals and deferred income

1,975

1,635,290

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jade Quaintance (Senior Statutory Auditor)

for and on behalf of Gravita Audit Western Limited

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Your.Cloud UK Holding Limited.