REGISTERED NUMBER: 08334472 (England and Wales)

LUNN ANTIQUES 2013 LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E. James

REGISTERED OFFICE:

1, Curzon Road

London

W5 1NE

REGISTERED NUMBER:

08334472 (England and Wales)

ACCOUNTANTS:

Cobbin Floyd Ltd

t/as Findlay Wetherfield Scott & Co.

Chartered Accountants

137, Station Road

Chingford,

London

E4 6AG

FIXED ASSETS

Tangible assets

4

1,492

3,032

CURRENT ASSETS

Stocks

126,096

149,566

Debtors

5

22,335

17,445

Cash at bank and in hand

102,867

113,857

251,298

280,868

CREDITORS

Amounts falling due within one year

6

(104,090

)

(128,805

)

NET CURRENT ASSETS

147,208

152,063

TOTAL ASSETS LESS CURRENT LIABILITIES

148,700

155,095

CREDITORS

Amounts falling due after more than one year

7

(20,700

)

(19,278

)

PROVISIONS FOR LIABILITIES

(265

)

(553

)

NET ASSETS

127,735

135,264

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

127,635

135,164

SHAREHOLDERS' FUNDS

127,735

135,264

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30th September 2025 and were signed by:

E. James - Director

1.	STATUTORY INFORMATION

Lunn Antiques 2013 Limited 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.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st January 2024

17,914

2,654

3,890

24,458

Additions

801

-

-

801

At 31st December 2024

18,715

2,654

3,890

25,259

DEPRECIATION

At 1st January 2024

15,743

2,654

3,029

21,426

Charge for year

1,742

-

599

2,341

At 31st December 2024

17,485

2,654

3,628

23,767

NET BOOK VALUE

At 31st December 2024

1,230

-

262

1,492

At 31st December 2023

2,171

-

861

3,032

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

15,710

9,635

Other debtors

-

4,000

Prepayments

6,625

3,810

22,335

17,445

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,290

8,281

Trade creditors

28,735

14,249

Corporation tax

7,436

5,774

Social security and other taxes

13,088

18,944

Other creditors

4,991

11,454

Directors' current accounts

41,291

66,140

Accrued expenses

4,259

3,963

104,090

128,805

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

18,287

19,278

Bank loans more 5 yr by instal

2,413

-

20,700

19,278

2024

2023

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,413

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The amount owed to the director at the balance sheet date was £41,291 (previous year - £66,140).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is E. James.