1 September 2023 false Taxfiler 2024.6 true 10341866business:PrivateLimitedCompanyLtd2023-09-012024-08-31 103418662023-08-31 103418662023-09-012024-08-31 10341866business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 10341866business:FilletedAccounts2023-09-012024-08-31 103418662024-08-31 10341866business:Director12023-09-012024-08-31 10341866business:Director22023-09-012024-08-31 10341866business:RegisteredOffice2023-09-012024-08-31 103418662023-08-31 10341866core:WithinOneYear2024-08-31 10341866core:WithinOneYear2023-08-31 10341866core:AfterOneYear2024-08-31 10341866core:AfterOneYear2023-08-31 10341866core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 10341866core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 10341866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 10341866core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 10341866core:PreviouslyStatedAmount2024-08-31 10341866core:PreviouslyStatedAmount2023-08-31 10341866business:SmallEntities2023-09-012024-08-31 10341866countries:EnglandWales2023-09-012024-08-31 10341866core:PlantMachinery2023-08-31 10341866core:FurnitureFittings2023-08-31 10341866core:ComputerEquipment2023-08-31 10341866core:PlantMachinery2023-09-012024-08-31 10341866core:FurnitureFittings2023-09-012024-08-31 10341866core:ComputerEquipment2023-09-012024-08-31 10341866core:PlantMachinery2024-08-31 10341866core:FurnitureFittings2024-08-31 10341866core:ComputerEquipment2024-08-31 10341866business:OrdinaryShareClass12023-09-012024-08-31 10341866business:OrdinaryShareClass12022-09-012023-08-31 103418662022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10341866 (England and Wales)
LUNFARDO LTD. Unaudited accounts for the year ended 31 August 2024
LUNFARDO LTD. Unaudited accounts Contents
Page
- 2 -
LUNFARDO LTD. Company Information for the year ended 31 August 2024
Directors
M Malik-Flynn G Pryce
Company Number
10341866 (England and Wales)
Registered Office
49 Lexington Street Basement And Ground Floor London W1F 9AP England
- 3 -
LUNFARDO LTD. Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,146 
169,242 
Current assets
Inventories
12,969 
12,178 
Debtors
38,609 
99,868 
Cash at bank and in hand
169,447 
76,507 
221,025 
188,553 
Creditors: amounts falling due within one year
(232,704)
(255,681)
Net current liabilities
(11,679)
(67,128)
Total assets less current liabilities
146,467 
102,114 
Creditors: amounts falling due after more than one year
(301,211)
(349,192)
Provisions for liabilities
Deferred tax
(19,043)
(18,736)
Net liabilities
(173,787)
(265,814)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(173,797)
(265,824)
Shareholders' funds
(173,787)
(265,814)
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 directors acknowledge their 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 of Directors and authorised for issue on 22 April 2025 and were signed on its behalf by
M Malik-Flynn Director Company Registration No. 10341866
- 4 -
LUNFARDO LTD. Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
LUNFARDO LTD. is a private company, limited by shares, registered in England and Wales, registration number 10341866. The registered office is 49 Lexington Street, Basement And Ground Floor, London, W1F 9AP, England.
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
Depreciate is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and Machinery - 25% on cost Fixtures and Fittings - 25% on cost Computer Equipment - 25% on cost
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
22,489 
191,977 
9,514 
223,980 
Additions
10,921 
600 
1,338 
12,859 
At 31 August 2024
33,410 
192,577 
10,852 
236,839 
Depreciation
At 1 September 2023
16,040 
35,817 
2,881 
54,738 
Charge for the year
2,063 
20,015 
1,877 
23,955 
At 31 August 2024
18,103 
55,832 
4,758 
78,693 
Net book value
At 31 August 2024
15,307 
136,745 
6,094 
158,146 
At 31 August 2023
6,449 
156,160 
6,633 
169,242 
- 5 -
LUNFARDO LTD. Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,616 
52,032 
Accrued income and prepayments
7,974 
14,447 
Other debtors
1,199 
- 
16,789 
66,479 
Amounts falling due after more than one year
Other debtors
21,820 
33,389 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
10,000 
VAT
74,315 
66,147 
Trade creditors
64,699 
66,557 
Taxes and social security
52,546 
68,296 
Accruals
30,394 
44,681 
Deferred income
10,750 
- 
232,704 
255,681 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,002 
18,333 
Other creditors
20,000 
20,000 
Loans from directors
262,209 
310,859 
301,211 
349,192 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
9
Average number of employees
During the year the average number of employees was 21 (2023: 17).
- 6 -