Company registration number:
03751297
Lunn 21 Limited
Unaudited filleted financial statements
30 November 2023
Lunn 21 Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Lunn 21 Limited
Directors and other information
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Directors |
S Erbilir |
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R Erbilir |
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J Pearson |
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Secretary |
S Ebilir |
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Company number |
03751297 |
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Registered office |
19 Cold Bath Road |
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Harrogate |
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HG2 0NL |
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Accountants |
The Barker Partnership Limited |
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24 High Street |
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Pateley Bridge |
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Harrogate |
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HG3 5JU |
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Lunn 21 Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Lunn 21 Limited
Year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lunn 21 Limited for the year ended 30 November 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Lunn 21 Limited, as a body, in accordance with the terms of our engagement letter dated 10 February 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Lunn 21 Limited and state those matters that we have agreed to state to the board of directors of Lunn 21 Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lunn 21 Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Lunn 21 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lunn 21 Limited. You consider that Lunn 21 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Lunn 21 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
The Barker Partnership Limited
Chartered Accountants
24 High Street
Pateley Bridge
Harrogate
HG3 5JU
29 February 2024
Lunn 21 Limited
Statement of financial position
30 November 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Investments |
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4 |
199,000 |
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199,000 |
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_______ |
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_______ |
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199,000 |
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199,000 |
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Creditors: amounts falling due |
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within one year |
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5 |
(
198,165) |
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(
198,165) |
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_______ |
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_______ |
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Net current liabilities |
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(
198,165) |
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(
198,165) |
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_______ |
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Total assets less current liabilities |
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835 |
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835 |
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_______ |
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Net assets |
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835 |
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835 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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100 |
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100 |
Profit and loss account |
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735 |
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735 |
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_______ |
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_______ |
Shareholders funds |
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835 |
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835 |
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_______ |
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_______ |
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For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
29 February 2024
, and are signed on behalf of the board by:
S Erbilir
Director
Company registration number:
03751297
Lunn 21 Limited
Notes to the financial statements
Year ended 30 November 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 19 Cold Bath Road, Harrogate, HG2 0NL.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period
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Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
4.
Investments
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Shares in group undertakings and participating interests |
Total |
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£ |
£ |
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Cost |
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At 1 December 2022 and 30 November 2023 |
199,000 |
199,000 |
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_______ |
_______ |
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Impairment |
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At 1 December 2022 and 30 November 2023 |
- |
- |
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_______ |
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Carrying amount |
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At 30 November 2023 |
199,000 |
199,000 |
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_______ |
_______ |
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At 30 November 2022 |
199,000 |
199,000 |
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_______ |
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5.
Creditors: amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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198,165 |
198,165 |
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_______ |
_______ |
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