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REGISTERED NUMBER: 12181731 (England and Wales)


Luna London Ltd

Abridged Unaudited Financial Statements

for the Year Ended 31 December 2024






Luna London Ltd (Registered number: 12181731)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Luna London Ltd

Company Information
for the year ended 31 December 2024







DIRECTORS: Mr M K Ozsahin
Mr M E Ozsahin
Mr C N Ozsahin





REGISTERED OFFICE: 113 Ashbury Road
Battersea
London
SW11 5UQ





REGISTERED NUMBER: 12181731 (England and Wales)





ACCOUNTANTS: Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Luna London Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Luna London Ltd for the year ended 31 December 2024 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Luna London Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luna London Ltd and state those matters that we have agreed to state to the Board of Directors of Luna London Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Luna London Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Luna London Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Luna London Ltd. You consider that Luna London Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Luna London Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Alton & Co
Chartered Accountants
239-241 Kennington Lane
London
SE11 5QU


4 June 2025

Luna London Ltd (Registered number: 12181731)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,821,933 1,821,933

CURRENT ASSETS
Debtors 5 12,665 45,930
Cash at bank and in hand 62,728 40,475
75,393 86,405
CREDITORS
Amounts falling due within one year 6 1,416,610 1,414,762
NET CURRENT LIABILITIES (1,341,217 ) (1,328,357 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

480,716

493,576

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 480,616 493,476
SHAREHOLDERS' FUNDS 480,716 493,576

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

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

Luna London Ltd (Registered number: 12181731)

Statement of Financial Position - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:





Mr M K Ozsahin - Director


Luna London Ltd (Registered number: 12181731)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Luna London Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from the ordinary activities of the company and is recognised when the rent becomes due and when the customers obtain the rights to consideration.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Luna London Ltd (Registered number: 12181731)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 1,821,933
NET BOOK VALUE
At 31 December 2024 1,821,933
At 31 December 2023 1,821,933

Fair value at 31 December 2024 is represented by:
£   
Cost 1,821,933

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,821,933 1,821,933

The investment properties were valued on a fair value basis on 31 December 2024 by the directors .

They deemed that the investment properties' fair values were equal to their costs of acquisition at 31st December 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 302 -
Other debtors 12,363 45,930
12,665 45,930

Luna London Ltd (Registered number: 12181731)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,379 2,702
Taxation and social security - 24,998
Other creditors 1,412,231 1,387,062
1,416,610 1,414,762

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 January 2024 493,476
Deficit for the year (12,860 )
At 31 December 2024 480,616

9. RELATED PARTY DISCLOSURES

Included in creditors are amounts owed to key management personnel of £1,404,564 (2023: 1,379,389) at the balance sheet date. There is no interest charged on that balance and there are no set repayments terms in placement terms.