Lutzy's Limited - Filleted accounts

Registered number

06252741

Lutzy's Limited

Unaudited Filleted Accounts

31 March 2026

Lutzy's Limited
Registered number:		06252741
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		1			1
Tangible assets	4		6,479			4,317
			6,480			4,318

Current assets
Stocks		1,175			893
Debtors	5	1,563			-
Cash at bank and in hand		154,999			184,992
		157,737			185,885

Creditors: amounts falling due within one year	6	(26,825)			(34,002)

Net current assets			130,912			151,883

Total assets less current liabilities			137,392			156,201


Provisions for liabilities			(1,231)			(907)


Net assets			136,161			155,294

Capital and reserves
Called up share capital			100			100
Profit and loss account			136,061			155,194

Shareholder's funds			136,161			155,294

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms. M. L. Carvahlo Dias
Director
Approved by the board on 28 August 2026

Lutzy's Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Fixtures, fittings, tools and equipment	25% reducing value

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			7		7


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					64,999
	At 31 March 2026					64,999

	Amortisation
	At 1 April 2025					64,998
	At 31 March 2026					64,998

	Net book value
	At 31 March 2026					1
	At 31 March 2025					1

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	3,733		49,192		52,925
	Additions	-		4,321		4,321
	At 31 March 2026	3,733		53,513		57,246

	Depreciation
	At 1 April 2025	3,732		44,876		48,608
	Charge for the year	-		2,159		2,159
	At 31 March 2026	3,732		47,035		50,767

	Net book value
	At 31 March 2026	1		6,478		6,479
	At 31 March 2025	1		4,316		4,317


5	Debtors			2026		2025
£					£

	Other debtors			1,563		-


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			3,639		3,634
	Directors loan account			5,550		3,717
	Taxation and social security costs			12,902		22,139
	Other creditors			4,734		4,512
				26,825		34,002


7	Controlling party

	The ultimate controlling party is Ms. M. L. Carvahlo Dias who owns the whole of the issued share capital.


8	Other information

	Lutzy's Limited is a private company limited by shares and incorporated in England. Its registered office is:
	43 Piazza Terracina
	Haven Banks
	Exeter
	Devon
	EX2 8GT