2023-11-01 2024-10-31 09832431 Luxury Box Limited false 09832431 2023-11-01 2024-10-31 09832431 uk-bus:Director1 2023-11-01 2024-10-31 09832431 uk-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09832431 uk-bus:SmallEntities 2023-11-01 2024-10-31 09832431 uk-bus:FullAccounts 2023-11-01 2024-10-31 09832431 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09832431 2023-11-01 09832431 2024-10-31 09832431 2023-10-31 xbrli:pure iso4217:GBP 09832431 2022-11-01 2023-10-31
Company Registration Number : 09832431 (England and Wales)
09832431
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-10-31
false
Luxury Box Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-11-01
Luxury Box Limited
Unaudited filleted financial statements
For the year ended 31 October 2024
Luxury Box Limited
Contents
For the year ended 31 October 2024
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Luxury Box Limited
Company Information
For the year ended 31 October 2024
Company registration number 09832431 (England and Wales)
Directors Thomas Vincent Wakeling
Tracie Marie Wakeling
Registered office address 20 Morses Lane Brightlingsea
Colchester
Essex
CO7 0SF
Accountant DNS Accountants
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
Luxury Box Limited
Statement of Financial Position
For the year ended 31 October 2024
2024 2023
Notes £ £
Current assets
Inventories 18,500 14,500
Debtors 438,021 208,205
Cash and cash equivalents 19,957 59,295
476,478 281,999
Current liabilities
Creditors: Amounts falling due within one year (147,062) (125,867)
Corporation tax payable (126,012) (32,398)
(273,074) (158,265)
Net current assets/(liabilities) 203,403 123,734
Total assets less current liabilities 203,403 123,734
Non-current liabilities
Creditors: Amounts falling due after more than one year (6,098) (16,514)
Provisions for liabilities - (12,241)
Net assets/(liabilities) 197,305 94,980
Capital and reserves
Called up share capital 100 100
Retained earnings 197,205 94,880
Shareholders' funds 197,305 94,980
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 October 2024 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 October 2025
.............................
Thomas Vincent Wakeling (Director)
Company registration number: 09832431
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-10-31 31 October 2024
2024 2023
£ £
Current Assets 475,018 276,211
Prepayments and accrued income 1,460 5,788
Creditors: amounts falling due within one year (273,074) (158,265)
Net current assets/(liabilities) 203,403 123,734
Total assets less current liabilities 203,403 123,734
CREDITORS: Amounts falling due more than one year (6,098) (16,514)
Provisions for liabilities 0 (12,241)
Net Assets/(liabilities) 197,305 94,980
Capital and Reserves 197,305 94,980
For the year ending 31/10/2024 the company was entitled to exemption 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. For the year ending 31-10-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 28 October 2025 2025-10-28 and signed on behalf of the board,
.............................
Thomas Vincent Wakeling
Director
Company registration number: 09832431
Luxury Box Limited
Notes to the Financial Statements
For the year ended 31 October 2024
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 20 Morses Lane Brightlingsea, Colchester, Essex, CO7 0SF.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised 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 liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 17 (2023 : 14).

(5) Related party transactions
Transactions with companies, which are under the common control or influence were as follows:

Clean Pac Ltd

At the reporting date £13,041 (2023: £13,041) owed to the Luxury Box Ltd in respect of a short-term interest free loan repayable on demand.

(6) Directors advances, credit and guarantees
Overdrawn
At the year-end, the director owed £224,411 to the company, the balance of £40,000 was repaid on 30 April 2025 and s455 tax is charged on remaining balance. Interest is charged as per HMRC's official rate.

(7) Fixed assets
Totals

£
Cost
As at 31 October 2024-
Depreciation/Amortisation
As at 31 October 2024-
Net book value
As at 31 October 2024-
As at 31 October 2023-