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REGISTERED NUMBER: 13872813 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

LUNAR DIGITAL SOLUTIONS LIMITED

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LUNAR DIGITAL SOLUTIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2024







DIRECTORS: Mr R J Garbutt
Mr M Sedgley
Mr C Appleby
Mr P J Doyle



REGISTERED OFFICE: Unit 2
Reynolds House
4 Archway
Manchester
M15 5RL



REGISTERED NUMBER: 13872813 (England and Wales)



ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD



BANKERS: Natwest
2nd Floor
1 Spinningfields Square
Manchester
M3 3AP



SOLICITORS: Pannone Corporate LLP
Manchester
378-380 Deansgate
Manchester
M3 4LY

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

BALANCE SHEET
31st December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,426,152 101,933

CURRENT ASSETS
Debtors 5 762,419 657,865
Cash at bank 519,479 516,252
1,281,898 1,174,117
CREDITORS
Amounts falling due within one year 6 (1,186,962 ) (836,784 )
NET CURRENT ASSETS 94,936 337,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,521,088

439,266

CREDITORS
Amounts falling due after more than one year 7 (1,003,904 ) (217,955 )

PROVISIONS FOR LIABILITIES (328,771 ) (20,700 )
NET ASSETS 188,413 200,611

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 188,313 200,511
SHAREHOLDERS' FUNDS 188,413 200,611

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

BALANCE SHEET - continued
31st December 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.

The financial statements were approved by the Board of Directors and authorised for issue on 1st April 2025 and were signed on its behalf by:





Mr R J Garbutt - Director


LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2024


1. STATUTORY INFORMATION

Lunar Digital Solutions is a private company, limited by shares, registered in England and Wales. Registration Number 13872813. Both the registered office and principal place of business are Unit 2, Reynolds House, 4 Archway, Manchester, M15 5RL.

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 represents amounts recognised by the company in respect of services supplied, exclusive of Value Added Tax and trade discounts. Turnover principally consists of the services provided in relation to Data, Cloud & Connectivity Services.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Computer equipment-20% straight line
Plant and machinery -10% straight line
Leasehold property improvement - Over the term of the lease
Fixtures and fittings-20% straight line

At each balance sheet date, the Company reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.


LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.


Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.


Cash and cash equivalents
Cash and cash equivalents comprise of cash at bank and in hand. Bank borrowings are included within creditors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 2 ) .

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 20,024 83,632 - 2,490 106,146
Additions 4,422 1,399,896 2,025 17,258 1,423,601
At 31st December 2024 24,446 1,483,528 2,025 19,748 1,529,747
DEPRECIATION
At 1st January 2024 890 3,021 - 302 4,213
Charge for year 1,630 95,009 323 2,420 99,382
At 31st December 2024 2,520 98,030 323 2,722 103,595
NET BOOK VALUE
At 31st December 2024 21,926 1,385,498 1,702 17,026 1,426,152
At 31st December 2023 19,134 80,611 - 2,188 101,933

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 284,760 332,305
Other debtors 244,600 100
Directors' loan accounts 113,535 -
Tax 32,611 -
Prepayments and accrued income 86,913 325,460
762,419 657,865

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 194,950 -
Other loans 25,140 18,885
Trade creditors 425,682 543,079
Tax - 45,855
Social security and other taxes 10,126 4,557
VAT 12,478 24,965
Other creditors 17,631 24,840
Net wages - 1,216
Accruals and deferred income 500,955 173,387
1,186,962 836,784

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 210,553 -
Bank loans - 2-5 years 628,509 -
Other loans - 1-2 years 25,140 25,140
Other loans - 2-5 years 75,420 75,420
Other loans more 5yrs instal 64,282 111,145
Other creditors - 6,250
1,003,904 217,955

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 64,282 111,145

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 653,212 654,534
Between one and five years 1,282,634 1,282,635
In more than five years 7,428,592 8,016,465
9,364,438 9,953,634

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

10. RELATED PARTY DISCLOSURES

At the reporting date, the following balance was present with related parties. These related parties are other companies under common control.

Included in Creditors: £16,275 (2023: £24,840).
Included in Debtors: £15,640 (2023: NIL)

Additionally, included in Creditors is an amount £189,985 (2023 : £230,590) owed to the shareholders. This balance represents an interest free loan.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the shareholders of the business by virtue of their controlling interest in the entity.

LUNAR DIGITAL SOLUTIONS LIMITED (REGISTERED NUMBER: 13872813)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2024


12. SECURED DEBTS

There is secured debt against the company which contains a fixed and floating charge over all property or the undertaking of the business.