REGISTERED NUMBER: 12191335 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lunajets UK Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

E Segard

Registered office:

The Gatehouse 2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

Registered number:

12191335 (England and Wales)

Accountants:

Freeman Carr

Chartered Certified Accountants

The Gatehouse

2 Devonhurst Place

Heathfield Terrace

Chiswick

London

W4 4JD

Fixed assets

Intangible assets

4

4,800

6,800

Tangible assets

5

1,278

-

6,078

6,800

Current assets

Debtors

6

312,183

597,805

Cash at bank

107,975

244,332

420,158

842,137

Creditors

Amounts falling due within one year

7

598,091

924,370

Net current liabilities

(177,933

)

(82,233

)

Total assets less current liabilities

(171,855

)

(75,433

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(171,955

)

(75,533

)

(171,855

)

(75,433

)

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 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 30 June 2025 and were signed by:

E Segard - Director

1.	Statutory information

Lunajets UK 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.

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.

Going Concern

The director has considered the company's prospects over the next twelve months and have not identified any material circumstances that may affect the company's ability to continue its operations. Accordingly, the directors consider that the company is a going concern as at the date of approval of these accounts.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 20% on cost.

Financial instruments

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like cash and bank balances, trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

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

4.	Intangible fixed assets

Other

intangible

assets

£

Cost

At 1 January 2024

and 31 December 2024

10,000

Amortisation

At 1 January 2024

3,200

Charge for year

2,000

At 31 December 2024

5,200

Net book value

At 31 December 2024

4,800

At 31 December 2023

6,800

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

Additions

1,333

At 31 December 2024

1,333

Depreciation

Charge for year

55

At 31 December 2024

55

Net book value

At 31 December 2024

1,278

6.

Debtors

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

252,678

285,941

Other debtors

47,505

299,864

300,183

585,805

Amounts falling due after more than one year:

Other debtors

12,000

12,000

Aggregate amounts

312,183

597,805

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

227,662

284,941

Amounts owed to group undertakings

162,459

31,919

Taxation and social security

4,875

5,147

Other creditors

203,095

602,363

598,091

924,370

8.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	Ultimate controlling party

For the year ended 31/12/2024 the smallest group which includes Lunajets UK Ltd in its consolidated financial statements is Lunajets SA, an entity incorporated in Switzerland and since the end of 2024 the new parent company is LunaAviation Holding SA. The registered office for both companies is 29 Rue Lect, 1217 Meyrin Switzerland.