Lumensol Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11349433

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		326,868		64,292

			326,868		64,292
CURRENT ASSETS
Debtors	5	2,018,540		1,459,707
Cash at bank and in hand		1,510,869		991,693

		3,529,409		2,451,400
Creditors: Amounts Falling Due Within One Year	6	(1,780,797 )		(1,400,389 )

NET CURRENT ASSETS (LIABILITIES)			1,748,612		1,051,011

TOTAL ASSETS LESS CURRENT LIABILITIES			2,075,480		1,115,303

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,238 )		(6,785 )

NET ASSETS			2,058,242		1,108,518

CAPITAL AND RESERVES
Called up share capital	8		12		10
Share premium account			154,718		93,667
Profit and Loss Account			1,903,512		1,014,841

SHAREHOLDERS' FUNDS			2,058,242		1,108,518

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Lumensol Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

David Siddals

Director

24th December 2025

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

1. General Information

Lumensol Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11349433 . The registered office is 108 Priory Street, Newport Pagnell, MK16 9BL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% reducing balance
Computer Equipment	3 years straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 45 (2024: 28)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	79,271	55,111	134,382
Additions	277,377	67,589	344,966

As at 31 March 2025	356,648	122,700	479,348

...CONTINUED

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Lumensol Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	52,795	17,295	70,090
Provided during the period	58,627	23,763	82,390

As at 31 March 2025	111,422	41,058	152,480

Net Book Value
As at 31 March 2025	245,226	81,642	326,868

As at 1 April 2024	26,476	37,816	64,292

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,866,149	1,254,359
Prepayments and accrued income	84,120	106,650
Other debtors	-	2,204
Directors' loan accounts	68,271	96,494

	2,018,540	1,459,707

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	45,542
Trade creditors	488,522	274,469
Corporation tax	298,416	501,195
Other taxes and social security	118,956	57,331
VAT	439,310	279,387
Other creditors	37,303	34,122
Accruals and deferred income	398,290	207,448
Directors' loan accounts	-	895

	1,780,797	1,400,389

7. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	45,542

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	12	10

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Lumensol Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Martin Baker	28,128	3,605	28,280	-	3,453
Mr Arran Collins	52,740	3,738	53,025	-	3,453
Mrs Victoria Fordham-Lewis	-	23,469	-	-	23,469
Mrs Paula Siddals	-	13,453	-	-	13,453
Mr David Siddals	-	13,453	1,425	-	12,028
Mr Michael Durrant	7,813	24,400	28,760	-	3,453
Mr Mathew Bishop	-	3,453	1,396	-	2,057
Mrs Zoe Foo	-	3,453	-	-	3,453
Mrs Kelly Kerr	7,813	24,348	28,708	-	3,453

The above loans are unsecured and repayable on demand. Part of the loans for Kelly Kerr, Michael Durrant, Martin Baker, Arran Collins and Victoria Fordham-Lewis relate to the payment due on issued shares and interest is chargeable at 2.25% until repaid. All the above mentioned directors with the exception of Victoria Fordham-Lewis have now repaid the amounts relating to the issue of shares and related interest.

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