2022-06-01 08489577 2023-05-31 08489577 2022-06-01 2023-05-31 08489577 2022-05-31 08489577 2021-06-01 2022-05-31 08489577 uk-core:WithinOneYear 2022-05-31 08489577 uk-core:WithinOneYear 2023-05-31 08489577 uk-core:ShareCapital 2023-05-31 08489577 uk-core:ShareCapital 2022-05-31 08489577 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 08489577 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 08489577 uk-bus:Director1 2022-06-01 2023-05-31 08489577 uk-core:ToolsEquipment 2022-06-01 2023-05-31 iso4217:GBP 08489577 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 08489577 uk-bus:FRS102 2022-06-01 2023-05-31 08489577 uk-bus:FullAccounts 2022-06-01 2023-05-31 08489577 uk-bus:EntityNoLongerTradingButTradedInPast 2022-06-01 2023-05-31 08489577 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Lungisani Limited
Registered Number:08489577
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Lungisani Limited
Contents Page
1
Statement of Financial Position
2
Notes to the Financial Statements
3
Registered Number :
08489577
As at 31 May 2023
Lungisani Limited
Statement of Financial Position
£
£
2022
2023
Fixed assets
Property, plant and equipment
255
255
255
255
Current assets
Trade and other receivables
16,452
-
3,063
Cash and cash equivalents
3,723
3,723
19,515
Trade and other payables: amounts falling due within
one year
(3,425)
(2,825)
16,090
898
Net current assets
Total assets less current liabilities
1,153
16,345
1,153
Net assets
16,345
Capital and reserves
Called up share capital
1
1
Retained earnings
1,152
16,344
1,153
16,345
Shareholders' funds
The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 May 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Nomagugu Ngema Director
These financial statements were approved and authorised for issue by the Board on 09 October 2023 and were signed by:
The notes form part of these financial statements
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For the year ended 31 May 2023
Lungisani Limited
Notes to the Financial Statements
Statutory Information
Lungisani Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08489577.
Registered address:
50 Pains Close
Mitcham
CR4 1BY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as modified
by the revaluation of certain assets.
Property, plant and equipment
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:
25% Straight line
Computer equipment
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