REGISTERED NUMBER: |
Luca Developments Ltd |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
REGISTERED NUMBER: |
Luca Developments Ltd |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
Luca Developments Ltd (Registered number: 12291422) |
Contents of the Financial Statements |
for the Year Ended 31 May 2024 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 4 |
Luca Developments Ltd |
Company Information |
for the Year Ended 31 May 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
Mynshull House |
78 Churchgate |
Stockport |
Cheshire |
SK1 1YJ |
Luca Developments Ltd (Registered number: 12291422) |
Balance Sheet |
31 May 2024 |
31.5.24 | 31.5.23 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Stocks |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 7 |
Retained earnings |
Shareholders' funds |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps 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 Sections 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. |
Luca Developments Ltd (Registered number: 12291422) |
Balance Sheet - continued |
31 May 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Luca Developments Ltd (Registered number: 12291422) |
Notes to the Financial Statements |
for the Year Ended 31 May 2024 |
1. | Statutory information |
Luca Developments Ltd is a |
2. | Accounting policies |
Basis of 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 |
Plant and machinery | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Pension costs and other post-retirement benefits |
The company operates an auto enrolment company pension scheme. Contributions payable for the year are charged in the profit and loss account. |
3. | Employees and directors |
The average number of employees during the year was |
Luca Developments Ltd (Registered number: 12291422) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2024 |
4. | Tangible fixed assets |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
Cost |
At 1 June 2023 |
Additions |
At 31 May 2024 |
Depreciation |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
Net book value |
At 31 May 2024 |
At 31 May 2023 |
5. | Debtors: amounts falling due within one year |
31.5.24 | 31.5.23 |
£ | £ |
Directors' current accounts | 8,090 | - |
VAT |
6. | Creditors: amounts falling due within one year |
31.5.24 | 31.5.23 |
£ | £ |
Corporation tax |
Social security and other taxes |
Other creditors |
Directors' current accounts | - | 1,345 |
Accrued expenses |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.5.24 | 31.5.23 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
Luca Developments Ltd (Registered number: 12291422) |
Notes to the Financial Statements - continued |
for the Year Ended 31 May 2024 |
8. | Directors' advances, credits and guarantees |
The following advances and credits to a director subsisted during the year ended 31 May 2024 and the period ended 31 May 2023: |
31.5.24 | 31.5.23 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The loan was unsecured with no interest charged and is fully repayable by demand. |