REGISTERED NUMBER: 11188452 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LUNGILE GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Lane

Mrs L Navid Lane

REGISTERED OFFICE:

Barclay House

Bertie Lane

Uffington

Lincolnshire

PE9 4SZ

REGISTERED NUMBER:

11188452 (England and Wales)

ACCOUNTANTS:

Accurate Business Consulting Limited

International House

36-38 Cornhill

London

EC3V 3NG

FIXED ASSETS

Tangible assets

4

499,638

500,587

Investments

5

8,724

111

508,362

500,698

CURRENT ASSETS

Debtors

6

1,416,845

1,198,585

Cash at bank

3,865

2,427

1,420,710

1,201,012

CREDITORS

Amounts falling due within one year

7

1,750,493

1,570,771

NET CURRENT LIABILITIES

(329,783

)

(369,759

)

TOTAL ASSETS LESS CURRENT LIABILITIES

178,579

130,939

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

178,567

130,927

178,579

130,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 25 November 2025 and were signed on its behalf by:

Mrs L Navid Lane - Director

1.	STATUTORY INFORMATION

Lungile Group 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.

Plant and machinery etc

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

495,842

8,252

504,094

DEPRECIATION

At 1 April 2024

-

3,507

3,507

Charge for year

-

949

949

At 31 March 2025

-

4,456

4,456

NET BOOK VALUE

At 31 March 2025

495,842

3,796

499,638

At 31 March 2024

495,842

4,745

500,587

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

111

-

111

Additions

-

8,613

8,613

At 31 March 2025

111

8,613

8,724

NET BOOK VALUE

At 31 March 2025

111

8,613

8,724

At 31 March 2024

111

-

111

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,350,139

1,130,316

Other debtors

66,706

68,269

1,416,845

1,198,585

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

14,055

5,917

Other creditors

1,736,438

1,564,854

1,750,493

1,570,771

8.	RELATED PARTY DISCLOSURES