Company No: 08489996 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

W A Wild

REGISTERED OFFICE	C/O Pm+M New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB
	United Kingdom

COMPANY NUMBER

08489996 (England and Wales)

CHARTERED ACCOUNTANTS	PM+M Solutions for Business LLP
	New Century House
	Greenbank Technology Park
	Challenge Way
	Blackburn
	BB1 5QB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	414,455		414,455
Investments	4	772,672		522,672
		1,187,127		937,127
Current assets
Debtors
- due within one year	5	1,592,754		2,072,217
- due after more than one year	5	900,000		900,000
Cash at bank and in hand		13,851		2,002
		2,506,605		2,974,219
Creditors: amounts falling due within one year	6	( 2,869,686)		( 3,354,390)
Net current liabilities		(363,081)		(380,171)
Total assets less current liabilities		824,046		556,956
Net assets		824,046		556,956
Capital and reserves
Called-up share capital		100		100
Profit and loss account		823,946		556,856
Total shareholder's funds		824,046		556,956

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Lumax Ltd (registered number: 08489996) were approved and authorised for issue by the Director on 21 September 2026. They were signed on its behalf by:

W A Wild Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Lumax Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Pm+M New Century House, Greenbank Technology Park, Challenge Way, Blackburn, BB1 5QB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the director, on an open market value for existing use basis.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

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 amortised 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 amortised.

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 amortised.

Debt instruments are subsequently carried at amortised 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 amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Investment property		Total
	£		£
Cost
At 01 January 2025	414,455		414,455
At 31 December 2025	414,455		414,455
Accumulated depreciation
At 01 January 2025	0		0
At 31 December 2025	0		0
Net book value
At 31 December 2025	414,455		414,455
At 31 December 2024	414,455		414,455

Investment property is comprised of land and buildings to the value of £410,000 along with Stamp duty land tax of £3,250 and legal fees of £1,205. The fair value of the investment property has been arrived at based on the purchase price of the land and buildings during the financial years to 31 December 2021 and 31 December 2022.

4. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	277		277
Participating interests	772,395		522,395
	772,672		522,672

Investments in subsidiaries

	2025
	£
Cost
At 01 January 2025	277
At 31 December 2025	277
Carrying value at 31 December 2025	277
Carrying value at 31 December 2024	277

	Investments in associates		Total
	£		£
Cost or valuation before impairment
At 01 January 2025	522,395		522,395
Additions	250,000		250,000
At 31 December 2025	772,395		772,395
Carrying value at 31 December 2025	772,395		772,395
Carrying value at 31 December 2024	522,395		522,395

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2025	Ownership 31.12.2024	Held
3G Pitch Hire Ltd	UK	Subsidiary	Ordinary A	100.00%	100.00%	Direct
ETC Urban (Guildhall) Ltd	UK	Subsidiary	Ordinary	75.00%	75.00%	Direct
Moniker Construction Ltd	UK	Subsidiary	Ordinary	100.00%	100.00%	Direct
Sleeps 12 Plus Ltd	UK	Associate	Ordinary	50.00%	50.00%	Direct
P.A.W Group Holdings Ltd	UK	Assoicate	Ordinary C	50.00%	50.00%	Direct
Claves Estates Limited	UK	Associate	Ordinary	47.50%	47.50%	Direct
Booth's Garage Limited	UK	Associate	Ordinary	50.00%	50.00%	Direct
Fortis Hospitality Solutions (Global) Limited	UK	Associate	Ordinary	50.00%	0.00%	Direct

5. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Amounts owed by related parties	1,592,754		2,072,217
Debtors: amounts falling due after more than one year
Other debtors	900,000		900,000

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	2,869,686		3,354,390