Company Registration No. 12285519 (England and Wales)
LUX FASHION SOURCE LTD
Unaudited accounts
for the year ended 31 October 2025
LUX FASHION SOURCE LTD
Unaudited accounts
Contents
LUX FASHION SOURCE LTD
Company Information
for the year ended 31 October 2025
Directors
Amman Gull
Amy Kaur Narwain
Company Number
12285519 (England and Wales)
Registered Office
A6 Moorfield Road
Wolverhampton
WV2 4QT
ENGLAND
Accountants
William Klien Accountants
20-22 Wenlock Road
London
N1 7GU
LUX FASHION SOURCE LTD
Statement of financial position
as at 31 October 2025
Tangible assets
31,021
34,468
Cash at bank and in hand
1,162
1,396
Creditors: amounts falling due within one year
(68,228)
(77,395)
Net current liabilities
(196)
(6,619)
Called up share capital
200
200
Profit and loss account
30,625
27,649
Shareholders' funds
30,825
27,849
For the year ending 31 October 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 17 July 2026 and were signed on its behalf by
Amman Gull
Director
Company Registration No. 12285519
LUX FASHION SOURCE LTD
Notes to the Accounts
for the year ended 31 October 2025
LUX FASHION SOURCE LTD is a private company, limited by shares, registered in England and Wales, registration number 12285519. The registered office is A6 Moorfield Road, Wolverhampton, WV2 4QT, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
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.
LUX FASHION SOURCE LTD
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
20,000
16,784
8,567
45,351
At 31 October 2025
20,000
16,784
8,567
45,351
At 1 November 2024
4,250
4,002
2,631
10,883
Charge for the year
1,575
1,278
594
3,447
At 31 October 2025
5,825
5,280
3,225
14,330
At 31 October 2025
14,175
11,504
5,342
31,021
At 31 October 2024
15,750
12,782
5,936
34,468
Amounts falling due after more than one year
Other debtors
25,004
28,545
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,447
6,418
Other creditors
64,155
67,000
Loans from directors
1,626
3,977
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).