Company Registration No. 10341866 (England and Wales)
LUNFARDO LTD.
Unaudited accounts
for the year ended 31 August 2024
LUNFARDO LTD.
Unaudited accounts
Contents
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
LUNFARDO LTD.
Statement of financial position
as at 31 August 2024
Tangible assets
158,146
169,242
Cash at bank and in hand
169,447
76,507
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)
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
LUNFARDO LTD.
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
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
At 31 August 2024
15,307
136,745
6,094
158,146
At 31 August 2023
6,449
156,160
6,633
169,242
LUNFARDO LTD.
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
7,616
52,032
Accrued income and prepayments
7,974
14,447
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
Trade creditors
64,699
66,557
Taxes and social security
52,546
68,296
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
20,000
20,000
Loans from directors
262,209
310,859
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).