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Registered number: 08858501
Lumin Homes Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2026
LK & Associates Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08858501
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,000,500 1,100,000
1,000,500 1,100,000
CURRENT ASSETS
Debtors 5 3,551 256
Cash at bank and in hand 5,471 15,895
9,022 16,151
Creditors: Amounts Falling Due Within One Year 6 (709,371 ) (746,223 )
NET CURRENT ASSETS (LIABILITIES) (700,349 ) (730,072 )
TOTAL ASSETS LESS CURRENT LIABILITIES 300,151 369,928
NET ASSETS 300,151 369,928
CAPITAL AND RESERVES
Called up share capital 7 120 120
Revaluation reserve 8 252,320 327,320
Profit and Loss Account 47,711 42,488
SHAREHOLDERS' FUNDS 300,151 369,928
Page 1
Page 2
For the year ending 31 January 2026 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
K Hudspeth
Director
10/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Lumin Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08858501 . The registered office is Annecy Court, Ferry Works, Summer Road, Thames Ditton, Surrey, KT7 0QJ.
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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
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.
Freehold Not depreciated
Fixtures & Fittings 33.33% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
...CONTINUED
Page 3
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2.4. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost or Valuation
As at 1 February 2025 1,100,000 - 1,100,000
Additions - 514 514
Revaluation (100,000 ) - (100,000 )
As at 31 January 2026 1,000,000 514 1,000,514
Depreciation
As at 1 February 2025 - - -
Provided during the period - 14 14
As at 31 January 2026 - 14 14
Net Book Value
As at 31 January 2026 1,000,000 500 1,000,500
As at 1 February 2025 1,100,000 - 1,100,000
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Page 5
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 3,551 256
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 707,651 741,767
Taxation and social security 1,720 4,456
709,371 746,223
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 120 120
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 February 2025 327,320 42,488
Profit for year - 7,832
Net investment property revaluation reserve (75,000 ) -
Other comprehensive income for the year (75,000 ) -
Total comprehensive income for the year (75,000) 7,832
Dividends paid - (2,609)
As at 31 January 2026 252,320 47,711
Page 5