Company registration number: 12545380
Unaudited financial statements
for the year ended 30 April 2024
for
Llusern Scientific Ltd
Pages for filing with the Registrar
Company registration number: 12545380
Llusern Scientific Ltd
Balance sheet
as at 30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 22,102 577
22,102 577
Current assets
Stocks 56,240 17,313
Debtors 112,360 12,367
Cash at bank and in hand 267,366 19,531
435,966 49,211
Creditors: amounts falling due within
one year
(85,603) (3,971)
Net current assets 350,363 45,240
Total assets less current liabilities 372,465 45,817
NET ASSETS 372,465 45,817
Capital and reserves
Called up share capital 15 10
Share premium account 769,431 127,999
Profit and loss account (396,981) (82,192)
TOTAL EQUITY 372,465 45,817
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12545380
Llusern Scientific Ltd
Balance sheet - continued
as at 30 April 2024
The 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.
These financial statements were approved by the Board of directors and authorised for issue on 27 August 2024 and signed on its behalf by:
Mr M Lewis, Director
27 August 2024
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Llusern Scientific Ltd
Notes to the financial statements
for the year ended 30 April 2024
1 Company information
The company is registered in England and Wales. Its registered number is 12545380. The company is limited by shares. Its registered office is Cardiff Edge, Longwood Drive, Cardiff, CF14 7YT.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% straight line
Fixtures & fittings - 25% straight line
Computer equipment - 25% and 33% straight line basis
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2023 - 2).
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Llusern Scientific Ltd
Notes to the financial statements - continued
for the year ended 30 April 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 May 2023 733
Additions 24,563
At 30 April 2024 25,296
Depreciation
At 1 May 2023 156
Charge for year 3,038
At 30 April 2024 3,194
Net book value
At 30 April 2024 22,102
At 30 April 2023 577
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