2 2 Lunic Ltd 12958912 false 2024-02-29 2025-02-28 2025-02-28 The principal activity of the company is consultancy. Digita Accounts Production Advanced 6.30.9574.0 true 12958912 2024-02-29 2025-02-28 12958912 2025-02-28 12958912 core:RetainedEarningsAccumulatedLosses 2025-02-28 12958912 core:ShareCapital 2025-02-28 12958912 core:CurrentFinancialInstruments 2025-02-28 12958912 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 12958912 core:FurnitureFittingsToolsEquipment 2025-02-28 12958912 bus:SmallEntities 2024-02-29 2025-02-28 12958912 bus:AuditExemptWithAccountantsReport 2024-02-29 2025-02-28 12958912 bus:FilletedAccounts 2024-02-29 2025-02-28 12958912 bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 12958912 bus:RegisteredOffice 2024-02-29 2025-02-28 12958912 bus:Director1 2024-02-29 2025-02-28 12958912 bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 12958912 core:ComputerEquipment 2024-02-29 2025-02-28 12958912 core:FurnitureFittingsToolsEquipment 2024-02-29 2025-02-28 12958912 countries:EnglandWales 2024-02-29 2025-02-28 12958912 2022-11-01 2024-02-28 12958912 2024-02-28 12958912 core:RetainedEarningsAccumulatedLosses 2024-02-28 12958912 core:ShareCapital 2024-02-28 12958912 core:CurrentFinancialInstruments 2024-02-28 12958912 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 xbrli:pure iso4217:GBP

Registration number: 12958912

Lunic Ltd

Unaudited Financial Statements

for the Period from 29 February 2024 to 28 February 2025

 

Lunic Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Lunic Ltd

(Registration number: 12958912)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

452

-

Current assets

 

Debtors

5

10,841

2

Cash at bank and in hand

 

25,552

-

 

36,393

2

Creditors: Amounts falling due within one year

6

(36,041)

-

Net current assets

 

352

2

Total assets less current liabilities

 

804

2

Provisions for liabilities

(113)

-

Net assets

 

691

2

Capital and reserves

 

Called up share capital

2

2

Retained earnings

689

-

Shareholders' funds

 

691

2

For the financial period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 June 2025 and signed on its behalf by:
 

.........................................
Mr S P Cobby
Director

 

Lunic Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 Harcourt Road
Tring
HP23 5JJ
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities- 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Lunic Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, less residual value, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

33% straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

 

Lunic Ltd

Notes to the Unaudited Financial Statements for the Period from 29 February 2024 to 28 February 2025

4

Tangible assets

Computer equipment
 £

Total
£

Cost or valuation

Additions

678

678

At 28 February 2025

678

678

Depreciation

Charge for the period

226

226

At 28 February 2025

226

226

Carrying amount

At 28 February 2025

452

452

5

Debtors

Current

2025
£

2024
£

Trade debtors

11

-

Other debtors

10,830

2

 

10,841

2

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

29,036

-

Accruals and deferred income

420

-

Other creditors

6,585

-

36,041

-