Company Registration No. 10718088 (England and Wales)
LUCID INVESTMENT GROUP LTD
Unaudited accounts
for the year ended 30 April 2026
LUCID INVESTMENT GROUP LTD
Unaudited accounts
Contents
LUCID INVESTMENT GROUP LTD
Company Information
for the year ended 30 April 2026
Directors
Lee Merchant
Lesley Merchant
Company Number
10718088 (England and Wales)
Registered Office
27 Registry Close
Northwich
Cheshire
CW9 8UZ
England
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
LUCID INVESTMENT GROUP LTD
Statement of financial position
as at 30 April 2026
Tangible assets
54,303
34,254
Cash at bank and in hand
808
106,012
Creditors: amounts falling due within one year
(86,318)
(134,630)
Net current liabilities
(85,510)
(28,618)
Net (liabilities)/assets
(31,207)
5,636
Called up share capital
2
2
Profit and loss account
(31,209)
5,634
Shareholders' funds
(31,207)
5,636
For the year ending 30 April 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 26 August 2026 and were signed on its behalf by
Lee Merchant
Director
Company Registration No. 10718088
LUCID INVESTMENT GROUP LTD
Notes to the Accounts
for the year ended 30 April 2026
LUCID INVESTMENT GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 10718088. The registered office is 27 Registry Close, Northwich, Cheshire, CW9 8UZ, England.
2
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2025
61,070
10,639
71,709
At 30 April 2026
111,060
10,639
121,699
At 1 May 2025
32,736
4,719
37,455
Charge for the year
27,765
2,176
29,941
At 30 April 2026
60,501
6,895
67,396
At 30 April 2026
50,559
3,744
54,303
At 30 April 2025
28,334
5,920
34,254
LUCID INVESTMENT GROUP LTD
Notes to the Accounts
for the year ended 30 April 2026
5
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
(105)
(418)
Loans from directors
86,124
134,599
6
Average number of employees
During the year the average number of employees was 2 (2025: 2).