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

The principal activity of the company continued to be that of advertising agency.

The director who held office during the year and up to the date of signature of the financial statements was as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

For the financial year ended 31 August 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 of its financial statements for the year in question in accordance with section 476.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

David & Lucie Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlotte Building, 17 Gresse Street, London, W1T 1QL.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

At the year end, the company had net liabilities of £118,944 and incurred a loss of £12,879 for the year. Included within the net liabilities is a director's loan balance of £89,104.true

The director has confirmed their continued financial support for the foreseeable future and, having considered this support, the company's financial position and expected future cash flows, believes that the company has adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the director continues to adopt the going concern basis in preparing these financial statements.

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other, or basic financial instruments measured at fair value.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The average monthly number of persons (including directors) employed by the company during the year was:

During the year, no dividends were declared or paid to the shareholders of the company (2024: £166,300).

Included in other creditors at the year end is a balance of £89,104 (2024: £30,796) due to the director.

During the year, David & Lucie Limited made sales worth £215,487 (2024: £428,678) to Konbini SAS, of which David Creuzot was also a director of the company.

There is no ultimate controlling party.