Acorah Software Products - Accounts Production 16.8.310 false true true 31 December 2024 10 October 2023 false 17 April 2026 1 January 2025 31 December 2025 31 December 2025 15201388 Mrs Maria Mutescu Miss Vanessa Arcangeli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15201388 2024-12-31 15201388 2025-12-31 15201388 2025-01-01 2025-12-31 15201388 frs-core:CurrentFinancialInstruments 2025-12-31 15201388 frs-core:ComputerEquipment 2025-12-31 15201388 frs-core:ComputerEquipment 2025-01-01 2025-12-31 15201388 frs-core:ComputerEquipment 2024-12-31 15201388 frs-core:ShareCapital 2025-12-31 15201388 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 15201388 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 15201388 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 15201388 frs-bus:SmallEntities 2025-01-01 2025-12-31 15201388 frs-bus:Audited 2025-01-01 2025-12-31 15201388 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 15201388 frs-bus:Director1 2025-01-01 2025-12-31 15201388 frs-bus:Director2 2025-01-01 2025-12-31 15201388 frs-countries:EnglandWales 2025-01-01 2025-12-31 15201388 2023-10-09 15201388 2024-12-31 15201388 2023-10-10 2024-12-31 15201388 frs-core:CurrentFinancialInstruments 2024-12-31 15201388 frs-core:ShareCapital 2024-12-31 15201388 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 15201388
Lux England Limited
Financial Statements
For The Year Ended 31 December 2025
FIDCORP LIMITED
3rd Floor Portman House
2, Portman Street
London
W1H 6DU
Lux England Limited
Contents
Contents

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

Page 1
Lux England Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 15201388

| 31 December 2025 | 31 December 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,073 |  | 1,413
|  |  | 1,073 |  | 1,413
CURRENT ASSETS
Debtors | 5 | 4,873 |  | 340,775 |
Cash at bank and in hand |  | 9,445 |  | 12,083 |
|  | 14,318 |  | 352,858 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,228,035 ) |  | (1,457,084 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (1,213,717 ) |  | (1,104,226 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (1,212,644 ) |  | (1,102,813 )
NET LIABILITIES |  |  | (1,212,644 ) |  | (1,102,813 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 10,000 |  | 10,000
Profit and Loss Account |  |  | (1,222,644 ) |  | (1,112,813 )
SHAREHOLDERS' FUNDS |  |  | (1,212,644) |  | (1,102,813)

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

Miss Vanessa Arcangeli Director
13/04/2026

The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Lux England Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Lux England Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15201388 . The registered office is 19 Leyden Street, London, E1 7LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures.
- Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instrument Issues’: Interest income/expense and net gains/losses for financial instruments not measured at fair value; basis of determining fair values; details of collateral, loan defaults or breaches, details of hedges, hedging fair value changes recognised in profit or loss and in other
- comprehensive income.
- Section 26 ‘Share based Payment’: Share-based payment expense charged to profit or loss, reconciliation of opening and closing number and weighted average exercise price of share options, how the fair value of options granted was measured, measurement and carrying amount of liabilities for cash-settled share-based payments, explanation of modifications to arrangements.

The director consider that Lux Entertainment SPA (incorporated and registered in Italy) is the Company’s immediate parent undertaking, holding 100 % of the issued ordinary share capital of Lux England Limited.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Computer Equipment 20% Straight Line Basis

Computer Equipment | 20% Straight Line Basis

Page 2
Page 3
Lux England Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realize the asset and settle the liability simultaneously.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax is recognised in profit or loss for the year, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case it is recognised in other comprehensive income or directly in equity respectively.
2.8. Basic Financial Assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortized.
2.9. Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized.
Debt instruments are subsequently carried at amortized cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Page 3
Page 4
Lux England Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
2.10. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3.0 Significant Judgements and Estimations
In the application of the company’s accounting policies, the director is required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: 41)
- 41
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 January 2025 | 1,697
As at 31 December 2025 | 1,697
Depreciation
As at 1 January 2025 | 284
Provided during the period | 340
As at 31 December 2025 | 624
Net Book Value
As at 31 December 2025 | 1,073
As at 1 January 2025 | 1,413

5. Debtors

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Amounts owed by group undertakings | 4,241 |  | -
Other debtors | 632 |  | 336,534
| 4,873 |  | 336,534
Due after more than one year
Amounts owed by group undertakings | - |  | 4,241
| 4,873 |  | 340,775

Page 4
Page 5
Lux England Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
6. Creditors: Amounts Falling Due Within One Year

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 2,584 |  | 70,881
Amounts owed to group undertakings | 1,219,501 |  | 1,321,565
Other creditors | 5,950 |  | 64,638
| 1,228,035 |  | 1,457,084

7. Share Capital

| 31 December 2025 |  | 31 December 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10,000 |  | 10,000

8. Audit Information
The auditor's report on the accounts of Lux England Limited for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by Tony Castagnetti (Senior Statutory Auditor) for and on behalf of Belluzzo Audit Limited , Statutory Auditor.

Belluzzo Audit Limited Chartered Accountants and Statutory Auditors 38 Craven Street London WC2N 5NG

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