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REGISTERED NUMBER: SC625670 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LUNDY SERVICES LIMITED

LUNDY SERVICES LIMITED (REGISTERED NUMBER: SC625670)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUNDY SERVICES LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: L T Judge
Ms K Duffin





REGISTERED OFFICE: Blaich Mhor House
10 Blaich
FORT WILLIAM
Inverness-shire
PH33 7AN





REGISTERED NUMBER: SC625670 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
OBAN
Argyll
PA34 4AZ

LUNDY SERVICES LIMITED (REGISTERED NUMBER: SC625670)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,938 2,664

CURRENT ASSETS
Debtors 5 31,377 29,416
Cash at bank 8,904 12,080
40,281 41,496
CREDITORS
Amounts falling due within one year 6 24,580 18,695
NET CURRENT ASSETS 15,701 22,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,639

25,465

PROVISIONS FOR LIABILITIES 485 666
NET ASSETS 17,154 24,799

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,054 24,699
SHAREHOLDERS' FUNDS 17,154 24,799

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

LUNDY SERVICES LIMITED (REGISTERED NUMBER: SC625670)

BALANCE SHEET - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:





L T Judge - Director


LUNDY SERVICES LIMITED (REGISTERED NUMBER: SC625670)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lundy Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LUNDY SERVICES LIMITED (REGISTERED NUMBER: SC625670)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 886 10,336 11,222
Additions 363 333 696
At 31 March 2024 1,249 10,669 11,918
DEPRECIATION
At 1 April 2023 442 8,116 8,558
Charge for year 202 1,220 1,422
At 31 March 2024 644 9,336 9,980
NET BOOK VALUE
At 31 March 2024 605 1,333 1,938
At 31 March 2023 444 2,220 2,664

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,522 28,844
Other debtors 9,855 572
31,377 29,416

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 23,017 17,547
Other creditors 1,563 1,148
24,580 18,695