Company Registration No. 13131549 (England and Wales)
LUXADO LTD
Unaudited accounts
for the period from 13 January 2021 to 31 January 2022
LUXADO LTD
Unaudited accounts
Contents
LUXADO LTD
Company Information
for the period from 13 January 2021 to 31 January 2022
Company Number
13131549 (England and Wales)
Registered Office
UNIT A, 82 JAMES CARTER ROAD
INDUSTRIAL ESTATE
MILDENHALL
SUFFOLK
IP28 7DE
ENGLAND
LUXADO LTD
Statement of financial position
as at
31 January 2022
Cash at bank and in hand
10,345
Creditors: amounts falling due within one year
(16,424)
Net current liabilities
(6,079)
Called up share capital
1
Profit and loss account
(6,080)
Shareholders' funds
(6,079)
For the period ending 31 January 2022 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 director acknowledges his 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 and authorised for issue on 11 October 2022 and were signed on its behalf by
Pashtun Noorzai
Director
Company Registration No. 13131549
LUXADO LTD
Notes to the Accounts
for the period from 13 January 2021 to 31 January 2022
LUXADO LTD is a private company, limited by shares, registered in England and Wales, registration number 13131549. The registered office is UNIT A, 82 JAMES CARTER ROAD, INDUSTRIAL ESTATE, MILDENHALL, SUFFOLK, IP28 7DE, 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 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.
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.
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.
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2022
Loans from directors
16,377
5
Average number of employees
During the period the average number of employees was 1.