| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024 |
| FOR |
| Lunar Fragrances Ltd |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD 6 SEPTEMBER 2023 TO 30 SEPTEMBER 2024 |
| FOR |
| Lunar Fragrances Ltd |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the period 6 September 2023 to 30 September 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| Lunar Fragrances Ltd |
| COMPANY INFORMATION |
| for the period 6 September 2023 to 30 September 2024 |
| Directors: |
| Registered office: |
| Business address: |
| Registered number: |
| Accountants: |
| 129 North Hill |
| Plymouth |
| Devon |
| PL4 8JY |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| BALANCE SHEET |
| 30 September 2024 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Stocks |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 |
| Net current liabilities | ( |
) |
| Total assets less current liabilities | ( |
) |
| Capital and reserves |
| Called up share capital | 6 |
| 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. |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| BALANCE SHEET - continued |
| 30 September 2024 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the period 6 September 2023 to 30 September 2024 |
| 1. | STATUTORY INFORMATION |
| Lunar Fragrances Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office and business address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| The financial statements have been prepared on the going concern basis. This basis assumes that the company will have sufficient funding to enable it to continue to operate for the foreseeable future with the support of the directors, who believes that the going concern basis of preparation remains appropriate in the company's circumstances. |
| Turnover |
| Turnover is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of goods have transferred to the buyer. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant & machinery 25% on reducing balance |
| 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. |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the period 6 September 2023 to 30 September 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Provisions |
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, is is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| Cost |
| Additions |
| At 30 September 2024 |
| Depreciation |
| Charge for period |
| At 30 September 2024 |
| Net book value |
| At 30 September 2024 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | £1 | 2 |
| 2 Ordinary shares of £1 each were allotted and fully paid for |
| Lunar Fragrances Ltd (Registered number: 15117917) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the period 6 September 2023 to 30 September 2024 |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the balance sheet date the company owed £26,845 to the directors. This amount is interest free, unsecured and carries no fixed term of repayment. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is James Edworthy and Ruth Edworthy. |