Luminite Design Ltd

Luminite Design Ltd
Contents Page
For the year ended 31 May 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Luminite Design Ltd
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	1,790	3,748
		1,790	3,748
Current assets
Debtors		11,566	6,994
Cash at bank and in hand		18,393	10,450
		29,959	17,444
Creditors: amount falling due within one year		(21,905)	(23,619)
Net current assets		8,054	(6,175)

Total assets less current liabilities		9,844	(2,427)
Provisions for liabilities		(440)	(712)
Net assets		9,404	(3,139)

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		9,403	(3,140)
Shareholders' funds		9,404	(3,139)

For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question 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 accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 24 August 2026 and were signed by:

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Nichola Wendy Barlow
Director

1

Luminite Design Ltd
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

Luminite Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 14080407, registration address 31 Carlisle Street, Bromley Cross, Bolton, Lancashire, BL79JF.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of services supplied by the company, net of trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

33.33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 2).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Total
	£	£
At 01 June 2025	18,005	18,005
Additions	-	-
Disposals	-	-
At 31 May 2026	18,005	18,005
Depreciation
At 01 June 2025	14,257	14,257
Charge for year	1,958	1,958
On disposals	-	-
At 31 May 2026	16,215	16,215
Net book values
Closing balance as at 31 May 2026	1,790	1,790
Opening balance as at 01 June 2025	3,748	3,748

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
1 Ordinary share of £1.00 each	1		1
	1		1

2