ACCOUNTS - Final Accounts preparation

Registered number: 12317878

YOUR CLEAN LUNGS LIMITED

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

YOUR CLEAN LUNGS LIMITED

COMPANY INFORMATION

Director	John Chinegwundoh


Registered number	12317878


Registered office	120 Baker Street
	London
	W1U 6TU


Accountants	Milton Avis LLP
	120 Baker Street
	London
	W1U 6TU

YOUR CLEAN LUNGS LIMITED

CONTENTS

	Page
Director's Report	1
Accountants' Report	2
Statement of Income and Retained Earnings	3
Balance Sheet	4 - 5
Notes to the Financial Statements	6 - 10

YOUR CLEAN LUNGS LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The director presents his report and the financial statements for the year ended 31 March 2025.

Director

The director who served during the year was:

John Chinegwundoh

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 22 December 2025 and signed on its behalf.

................................................

John Chinegwundoh

Director

Page 1

YOUR CLEAN LUNGS LIMITED

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF YOUR CLEAN LUNGS LIMITED
FOR THE YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Your Clean Lungs Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the director of Your Clean Lungs Limited in accordance with the terms of our engagement letter dated 25 August 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Your Clean Lungs Limited and state those matters that we have agreed to state to the director of Your Clean Lungs Limited in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Your Clean Lungs Limited and its director for our work or for this report.

It is your duty to ensure that Your Clean Lungs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Your Clean Lungs Limited. You consider that Your Clean Lungs Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Your Clean Lungs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Milton Avis LLP

120 Baker Street

London

W1U 6TU

22 December 2025

Page 2

YOUR CLEAN LUNGS LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 MARCH 2025

	31 March	31 March
	2025	2024
Note	£	£


Turnover	309,565	312,228
Gross profit	309,565	312,228
Administrative expenses	(79,503)	(82,540)
Loss/Gain from changes in fair value of investment property	(5,111)	11,220
Operating profit	224,951	240,908
Income from fixed assets investments	1,557	994
Amounts written off investments	252	-
Interest receivable and similar income	21,463	3,810
Interest payable and similar expenses	(2,064)	(3,380)
Profit before tax	246,159	242,332
Tax on profit	(62,149)	(58,307)
Profit after tax	184,010	184,025



Retained earnings at the beginning of the year	587,245	403,220
	587,245	403,220
Profit for the year	184,010	184,025
Retained earnings at the end of the year	771,255	587,245

The notes on pages 6 to 10 form part of these financial statements.

Page 3

YOUR CLEAN LUNGS LIMITED

REGISTERED NUMBER: 12317878

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	5		2,497		2,449
Investments	6		252,378		107,744
			254,875		110,193
Current assets
Debtors: amounts falling due within one year	7	1,171		14,149
Cash at bank and in hand	8	592,940		529,286
		594,111		543,435
Creditors: amounts falling due within one year	9	(77,631)		(66,283)
Net current assets			516,480		477,152
Total assets less current liabilities			771,355		587,345

Net assets			771,355		587,345

Capital and reserves
Called up share capital	100	100
Profit and loss account	771,255	587,245
	771,355	587,345

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 December 2025.

................................................

John Chinegwundoh

Director

Page 4

YOUR CLEAN LUNGS LIMITED

REGISTERED NUMBER: 12317878

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The notes on pages 6 to 10 form part of these financial statements.

Page 5

YOUR CLEAN LUNGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

This Company is a private company limited by shares and registered in England and Wales. The registered address is Pitt House, 120 Baker Street, London, W1U 6TU.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss as received.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 6

YOUR CLEAN LUNGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery

25%

Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In application of the Company's accounting policies management are required to make judgements, estimations and assumptions about the carrying values of assets and liabilities that are not readily-apparant from other sources.

The estimation and underlying assumption are based on historical experience and other factors that are considered relevant. These assumptions are reviewed on a ongoing basis.

Page 7

YOUR CLEAN LUNGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including the director, during the year was as follows:

	31 March	31 March
	2025	2024
	No.	No.

Average Number of Employees	1	1

5.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 April 2024	3,761
	Additions	1,318
	At 31 March 2025	5,079
	Depreciation
	At 1 April 2024	1,312
	Charge for the year on owned assets	1,270
	At 31 March 2025	2,582
	Net book value
	At 31 March 2025	2,497
	At 31 March 2024	2,449

Page 8

YOUR CLEAN LUNGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

6.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2024	107,744
	Additions	144,634
	At 31 March 2025	252,378

Page 9

YOUR CLEAN LUNGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	713	5,714
Other debtors	458	6,590
Prepayments and accrued income	-	1,845
	1,171	14,149

8.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	592,940	529,286
	592,940	529,286

9.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	62,149	58,307
Other creditors	7,620	356
Accruals and deferred income	7,862	7,620
	77,631	66,283

Page 10