Company Registration No. 09682673 (England and Wales)
Lupine Development Ltd
Unaudited accounts
for the year ended 31 March 2025
Lupine Development Ltd
Unaudited accounts
Contents
Lupine Development Ltd
Company Information
for the year ended 31 March 2025
Company Number
09682673 (England and Wales)
Registered Office
Flat 2
11 Whalley Grove
Manchester
M16 8DN
England
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
Lupine Development Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
5
4,320
Creditors: amounts falling due within one year
(16,192)
(14,114)
Net current assets
5,306
6,099
Total assets less current liabilities
5,306
6,135
Creditors: amounts falling due after more than one year
(5,690)
(6,068)
Net (liabilities)/assets
(384)
67
Called up share capital
10
10
Profit and loss account
(394)
57
Shareholders' funds
(384)
67
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2025 and were signed on its behalf by
Gary Grainger
Director
Company Registration No. 09682673
Lupine Development Ltd
Notes to the Accounts
for the year ended 31 March 2025
Lupine Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 09682673. The registered office is Flat 2, 11 Whalley Grove, Manchester, M16 8DN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual
value, of each asset evenly over its expected useful life, as follows:
Fixtures & fittings
25% per annum straight line
Computer equipment
33.3% per annum straight line
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
169
7,487
7,656
At 31 March 2025
169
7,487
7,656
At 1 April 2024
133
7,487
7,620
Charge for the year
36
-
36
At 31 March 2025
169
7,487
7,656
Lupine Development Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
35
34
Other debtors
21,458
15,859
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,000
3,000
Taxes and social security
10,942
9,674
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
The transactions with the director and shareholder have been conducted under normal market conditions: £16,043 is owed by the director at the year end and interest is being charged by the director.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).