Company No: 14696378 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Glenn Melford-Colegate (Resigned 21 August 2024)
	Ahmed Shubber
	Scott Willis (Appointed 01 November 2024)

Registered office	2nd Floor 168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

Company number

14696378 (England and Wales)

	Note	30.12.2024		31.12.2023
		£		£
Fixed assets
Tangible assets	3	711,490		14,086
		711,490		14,086
Current assets
Debtors	4	116,815		38,093
Cash at bank and in hand		18,275		17,359
		135,090		55,452
Creditors: amounts falling due within one year	5	( 644,581)		( 48,261)
Net current (liabilities)/assets		(509,491)		7,191
Total assets less current liabilities		201,999		21,277
Net assets		201,999		21,277
Capital and reserves
Called-up share capital		1		1
Profit and loss account		201,998		21,276
Total shareholder's funds		201,999		21,277

For the financial period ending 30 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Lumina Innovations Limited (registered number: 14696378) were approved and authorised for issue by the Board of Directors on 24 December 2025. They were signed on its behalf by:

Ahmed Shubber Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Lumina Innovations Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor 168 Shoreditch High Street, London, E1 6RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	Period from 01.01.2024 to 30.12.2024		Period from 01.03.2023 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	3		3

3. Tangible assets

	Plant and machinery		Computer equipment		Total
	£		£		£
Cost
At 01 January 2024	0		15,677		15,677
Additions	820,633		0		820,633
At 30 December 2024	820,633		15,677		836,310
Accumulated depreciation
At 01 January 2024	0		1,591		1,591
Charge for the financial period	118,003		5,226		123,229
At 30 December 2024	118,003		6,817		124,820
Net book value
At 30 December 2024	702,630		8,860		711,490
At 31 December 2023	0		14,086		14,086

4. Debtors

	30.12.2024		31.12.2023
	£		£
Corporation tax	1,990		0
Other debtors	114,825		38,093
	116,815		38,093

5. Creditors: amounts falling due within one year

	30.12.2024		31.12.2023
	£		£
Trade creditors	234,217		20,662
Amounts owed to Group undertakings	340,002		0
Taxation and social security	2,166		1,990
Other creditors	68,196		25,609
	644,581		48,261

6. Related party transactions

All related party transactions during the current period, including key management personnel compensation, were made under normal market conditions.

7. Ultimate controlling party

The company is a 100% subsidiary of Lumina Technology Inc.