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Company Registration No. 11537141 (England and Wales)
Lucian Mihai Ltd Unaudited accounts for the year ended 31 August 2024
Lucian Mihai Ltd Company Information for the year ended 31 August 2024
Director
Lucian-Gabriel Mihai
Company Number
11537141 (England and Wales)
Registered Office
7 Brimstone Drive BASINGSTOKE RG23 7QH UNITED KINGDOM
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Lucian Mihai Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,070 
40,856 
Current assets
Cash at bank and in hand
18,630 
20,535 
Creditors: amounts falling due within one year
(29,274)
(52,252)
Net current liabilities
(10,644)
(31,717)
Net assets
16,426 
9,139 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,326 
9,039 
Shareholders' funds
16,426 
9,139 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 May 2025 and were signed on its behalf by
Lucian-Gabriel Mihai Director Company Registration No. 11537141
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Lucian Mihai Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Lucian Mihai Ltd is a private company, limited by shares, registered in England and Wales, registration number 11537141. The registered office is 7, Brimstone Drive, BASINGSTOKE, RG23 7QH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
53,995 
1,149 
55,144 
At 31 August 2024
53,995 
1,149 
55,144 
Depreciation
At 1 September 2023
13,499 
789 
14,288 
Charge for the year
13,499 
287 
13,786 
At 31 August 2024
26,998 
1,076 
28,074 
Net book value
At 31 August 2024
26,997 
73 
27,070 
At 31 August 2023
40,496 
360 
40,856 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,368 
17,478 
Taxes and social security
4,233 
4,252 
Loans from directors
14,673 
30,522 
29,274 
52,252 
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Lucian Mihai Ltd Notes to the Accounts for the year ended 31 August 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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