Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3111falsefalse2023-02-01No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13848886 2023-02-01 2024-01-31 13848886 2022-01-14 2023-01-31 13848886 2024-01-31 13848886 2023-01-31 13848886 c:Director1 2023-02-01 2024-01-31 13848886 d:CurrentFinancialInstruments 2024-01-31 13848886 d:CurrentFinancialInstruments 2023-01-31 13848886 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13848886 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13848886 d:ShareCapital 2024-01-31 13848886 d:ShareCapital 2023-01-31 13848886 d:RetainedEarningsAccumulatedLosses 2024-01-31 13848886 d:RetainedEarningsAccumulatedLosses 2023-01-31 13848886 c:OrdinaryShareClass1 2023-02-01 2024-01-31 13848886 c:OrdinaryShareClass1 2024-01-31 13848886 c:OrdinaryShareClass1 2023-01-31 13848886 c:FRS102 2023-02-01 2024-01-31 13848886 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13848886 c:FullAccounts 2023-02-01 2024-01-31 13848886 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13848886 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13848886










LUNA BENAI LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
LUNA BENAI LTD
REGISTERED NUMBER: 13848886

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
841
841

Debtors: amounts falling due within one year
 4 
930
192

Cash at bank and in hand
 5 
286
77

  
2,057
1,110

Creditors: amounts falling due within one year
 6 
(57,693)
(41,529)

Net current liabilities
  
 
 
(55,636)
 
 
(40,419)

Total assets less current liabilities
  
(55,636)
(40,419)

  

Net liabilities
  
(55,636)
(40,419)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(55,736)
(40,519)

  
(55,636)
(40,419)


Page 1

 
LUNA BENAI LTD
REGISTERED NUMBER: 13848886

BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Katia Luna Benai
Director

Date: 24 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
LUNA BENAI LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Luna Benai Ltd is a private company limited by share capital, incorporated in England & Wales. The registered office address is C/O James Cowper LLP, 2 Chawley Park, Cumnor Hill, Oxford, OX2 9GG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Director has committed to providing sufficient support to the company to enable it to continue for a period of at least twelve months from when the financial statements are signed.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 
LUNA BENAI LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Other debtors
130
192

Prepayments and accrued income
800
-

930
192



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
286
77


Page 4

 
LUNA BENAI LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,110
-

Accruals and deferred income
2,703
2,703

Other creditors
5,480
521

Other loans
48,400
38,305

57,693
41,529



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,000 (2023 - 10,000) Ordinary shares of £0.01 each
100
100



8.


Related party transactions

Included in other loans is a balance of £48,400 (2023 - £38,305) owed to a close family member as at 31 January 2024. The loan is interest free and repayable on demand.   
                                                                                                                                                                                                                                                        Included in other creditors is a balance of £5,480 (2023 - £521) owed to the director as at 31 January 2024. The loan is interest free and repayable on demand.


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