Company Registration No. 05717682 (England and Wales)
Lucid People (UK) Limited
Unaudited accounts
for the year ended 31 March 2026
Lucid People (UK) Limited
Statement of financial position
as at 31 March 2026
Tangible assets
3,036
2,734
Cash at bank and in hand
484,086
584,914
Creditors: amounts falling due within one year
(619,221)
(366,493)
Net current assets
14,641
543,235
Called up share capital
150
150
Profit and loss account
17,527
545,819
Shareholders' funds
17,677
545,969
For the year ending 31 March 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 16 June 2026 and were signed on its behalf by
Madeleine Morton
Director
Company Registration No. 05717682
Lucid People (UK) Limited
Notes to the Accounts
for the year ended 31 March 2026
Lucid People (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05717682. The registered office is 16 MONTPELIER STREET, BRIGHTON, BN1 3DJ, ENGLAND.
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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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
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Tangible fixed assets
Plant & machinery
Lucid People (UK) Limited
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
139,652
324,974
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
75,213
200
Taxes and social security
28,065
80,517
Other creditors
3,505
1,781
Deferred income
15,325
144,840
Lucid People (UK) Ltd is a subsidiary of Lucid People Global Ltd, C/O Moore Law Sussex Innovation Centre, Science Park Square, Brighton, United Kingdom, BN1 9SB
8
Average number of employees
During the year the average number of employees was 5 (2025: 6).