Registered number
12775998
Lucky 9 PR Ltd
Report and Accounts
31 August 2024
Lucky 9 PR Ltd
Report and accounts
Contents
Page
Director's report1
Accountants' report2
Profit and loss account3
Balance sheet4
Statement of changes in equity5
Notes to the accounts 6-7
Lucky 9 PR Ltd
Registered number: 12775998
Director's Report
The director presents her report and accounts for the period ended 31 August 2024.
Principal activities
The company's principal activity during the year continued to be take-away food shops and mobile food stands.
Directors
The following persons served as directors during the period:
Ms Fangfang Xue
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 17 January 2025 and signed on its behalf.
Ms Fangfang Xue
Director
Lucky 9 PR Ltd
Accountants' Report
Accountants' report to the director of
Lucky 9 PR Ltd
You consider that the company is exempt from an audit for the period ended 31 August 2024. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SG & Co
Accountants
2nd Floor
136 Baker Street
London
W1U 6UD
17 January 2025
Lucky 9 PR Ltd
Profit and Loss Account
for the period from 1 August 2023 to 31 August 2024
2024 2023
£ £
Turnover81,11868,666
Cost of sales(20,826)(13,158)
Gross profit60,29255,508
Administrative expenses(52,888)(60,118)
Operating profit/(loss)7,404(4,610)
Profit/(loss) before taxation7,404(4,610)
Tax on profit/(loss)(531)-
Profit/(loss) for the period6,873(4,610)
Lucky 9 PR Ltd
Registered number:12775998
Balance Sheet
as at 31 August 2024
Notes2024 2023
£ £
Current assets
Stocks- 14,674
Debtors3- 8,577
Cash at bank and in hand15,1434,516
15,14327,767
Creditors: amounts falling due within one year4(5,031)(24,528)
Net current assets10,1123,239
Net assets10,1123,239
Capital and reserves
Called up share capital100100
Profit and loss account10,0123,139
Shareholder's funds10,1123,239
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms Fangfang Xue
Director
Approved by the board on 17 January 2025
Lucky 9 PR Ltd
Statement of Changes in Equity
for the period from 1 August 2023 to 31 August 2024
ShareShareRe-ProfitTotal
capitalpremiumvaluationand loss
reserveaccount
£ £ £ £ £
At 1 August 2022100- - 7,7497,849
Loss for the financial year(4,610)(4,610)
At 31 July 2023100 - - 3,139 3,239
At 1 August 2023100- - 3,1393,239
Profit for the period6,8736,873
At 31 August 2024100- - 10,01210,112
Lucky 9 PR Ltd
Notes to the Accounts
for the period from 1 August 2023 to 31 August 2024
1Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2Employees2024 2023
NumberNumber
Average number of persons employed by the company33
3Debtors2024 2023
£ £
Trade debtors- 8,577
4Creditors: amounts falling due within one year2024 2023
£ £
Trade creditors- 11,373
Taxation and social security costs5312,120
Other creditors4,50011,035
5,03124,528
5Other information
Lucky 9 PR Ltd is a private company limited by shares and incorporated in England. Its registered office is:
9 Playfield Road
Kennington
Oxford
OX1 5RS
Lucky 9 PR Ltd
Detailed profit and loss account
for the period from 1 August 2023 to 31 August 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales81,11868,666
Cost of sales(20,826)(13,158)
Gross profit60,29255,508
Administrative expenses(52,888)(60,118)
Operating profit/(loss)7,404(4,610)
Profit/(loss) before tax7,404(4,610)
Lucky 9 PR Ltd
Detailed profit and loss account
for the period from 1 August 2023 to 31 August 2024
This schedule does not form part of the statutory accounts
2024 2023
£ £
Sales
Sales
81,118
68,666
Cost of sales
Purchases
6,152
27,134
Decrease/(increase) in stocks
14,674
(
13,976
)
20,826 13,158
Administrative expenses
Employee costs:
Wages and salaries
32,381
28,812
32,381 28,812
Premises costs:
Rent
4,500
10,860
Service charges
7,204
13,906
Light and heat
2,858
3,598
Cleaning
378
360
14,940 28,724
General administrative expenses:
Bank charges
47
44
Repairs and maintenance
3,620
-
3,667 44
Legal and professional costs:
Accountancy fees
1,800
1,800
Advertising and PR
100
738
1,900 2,538
52,888 60,118
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