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REGISTERED NUMBER: 13289506 (England and Wales)















Financial Statements for the Period 1 April 2023 to 30 September 2024

for

Lujen Developments Ltd

Lujen Developments Ltd (Registered number: 13289506)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lujen Developments Ltd

Company Information
for the Period 1 April 2023 to 30 September 2024







DIRECTOR: R D Ware





REGISTERED OFFICE: 27 Market Street
Hoylake
Wirral
Merseyside
CH47 2BG





REGISTERED NUMBER: 13289506 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Lujen Developments Ltd (Registered number: 13289506)

Balance Sheet
30 September 2024

30.9.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks - 302,627
Debtors 4 111,673 -
Cash at bank and in hand 24,295 3,954
135,968 306,581
CREDITORS
Amounts falling due within one year 5 11,758 229,857
NET CURRENT ASSETS 124,210 76,724
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,210

76,724

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 124,110 76,624
124,210 76,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

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

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





R D Ware - Director


Lujen Developments Ltd (Registered number: 13289506)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024

1. STATUTORY INFORMATION

Lujen Developments 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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of property sales received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover is recognised on completion..

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Taxation
Taxation for the period 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

Lujen Developments Ltd (Registered number: 13289506)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Other debtors 111,673 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Bank loans and overdrafts - 108,112
Taxation and social security 10,759 17,996
Other creditors 999 103,749
11,758 229,857

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in debtors is £35,369 due from the director which is repayable on demand. Interest is charged at a rate of 2.25%.