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Company Registration No. 15824833 (England and Wales)
LUXE KNITTING LIMITED Unaudited accounts for the period from 8 July 2024 to 30 June 2025
LUXE KNITTING LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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LUXE KNITTING LIMITED Company Information for the period from 8 July 2024 to 30 June 2025
Directors
Mr Thaseem NIRAN Mr Pradeep Lanka WIJESINGHE MUDIYANSELAGE DON
Company Number
15824833 (England and Wales)
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
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LUXE KNITTING LIMITED Statement of financial position as at 30 June 2025
2025
Notes
£
Fixed assets
Tangible assets
4
12,547
Current assets
Cash at bank and in hand
4,539
Creditors: amounts falling due within one year
5
(23,617)
Net current liabilities
(19,078)
Net liabilities
(6,531)
Capital and reserves
Called up share capital
100
Profit and loss account
(6,631)
Shareholders' funds
(6,531)
For the period ending 30 June 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 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 of Directors and authorised for issue on 3 April 2026 and were signed on its behalf by
Mr Pradeep Lanka WIJESINGHE MUDIYANSELAGE DON Director Company Registration No. 15824833
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LUXE KNITTING LIMITED Notes to the Accounts for the period from 8 July 2024 to 30 June 2025
1
Statutory information
LUXE KNITTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15824833.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
18%
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LUXE KNITTING LIMITED Notes to the Accounts for the period from 8 July 2024 to 30 June 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 8 July 2024
-
Additions
15,239
At 30 June 2025
15,239
Depreciation
Charge for the period
2,692
At 30 June 2025
2,692
Net book value
At 30 June 2025
12,547
5
Creditors: amounts falling due within one year
2025
£
Other creditors
23,617
6
Average number of employees
During the period the average number of employees was 1.
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