Lucinda Dalton Gallery Ltd

Lucinda Dalton Gallery Ltd
Contents Page
For the year ended 31 March 2026

Company Information	1
Director's Report	2
Accountants' Report	3
Income Statement	4
Statement of Financial Position	5
Notes to the Financial Statements	6
Statement of Changes in Equity	7

Lucinda Dalton Gallery Ltd
Company Information
For the year ended 31 March 2026

Director	Lucinda Dalton
Registered Number	15531553
Registered Office	Unit 14, Princeton Mews 167 London Road Kingston Upon Thames KT2 6PT
Accountants	WallsMan Creative Limited Unit 14, Princeton Mews 167 London Road Kingston upon Thames KT2 6PT

1

Lucinda Dalton Gallery Ltd
Director's Report
For the year ended 31 March 2026

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 31 March 2026

Principal activities

The companys principal activity during the year was the retail sale in commercial art galleries

Director

The director who served the company throughout the year was as follows:

Lucinda Dalton

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

----------------------------------
Lucinda Dalton
Director

Date approved: 22 September 2026

2

Lucinda Dalton Gallery Ltd Accountants' Report For the year ended 31 March 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lucinda Dalton Gallery Ltd for the year ended 31 March 2026 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lucinda Dalton Gallery Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of Lucinda Dalton Gallery Ltd , as a body, in accordance with the terms of our engagement letter dated 21 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Lucinda Dalton Gallery Ltd and state those matters that we have agreed to state to the Board of Directors of Lucinda Dalton Gallery Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lucinda Dalton Gallery Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Lucinda Dalton Gallery Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lucinda Dalton Gallery Ltd . You consider that Lucinda Dalton Gallery Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Lucinda Dalton Gallery Ltd . 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 accounts 31 March 2026 .................................................... WallsMan Creative Limited Unit 14, Princeton Mews 167 London Road Kingston upon Thames KT2 6PT 22 September 2026 3

Lucinda Dalton Gallery Ltd
Accountants' Report
For the year ended 31 March 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lucinda Dalton Gallery Ltd for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lucinda Dalton Gallery Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Lucinda Dalton Gallery Ltd , as a body, in accordance with the terms of our engagement letter dated 21 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Lucinda Dalton Gallery Ltd and state those matters that we have agreed to state to the Board of Directors of Lucinda Dalton Gallery Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lucinda Dalton Gallery Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Lucinda Dalton Gallery Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lucinda Dalton Gallery Ltd . You consider that Lucinda Dalton Gallery Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Lucinda Dalton Gallery Ltd . 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 accounts 31 March 2026

....................................................
WallsMan Creative Limited
Unit 14, Princeton Mews
167 London Road
Kingston upon Thames
KT2 6PT
22 September 2026

3

Lucinda Dalton Gallery Ltd
Income Statement
For the year ended 31 March 2026

	2026 £	2025 £
Turnover	158,054	148,826
Cost of sales	(51,494)	(44,823)
Gross profit	106,560	104,003
Administrative expenses	(38,700)	(47,552)
Operating profit	67,860	56,451
Profit/(Loss) on ordinary activities before taxation	67,860	56,451
Tax on profit on ordinary activities	(12,988)	(11,273)
Profit/(Loss) for the financial year	54,872	45,178

4

Lucinda Dalton Gallery Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	35,815	530
		35,815	530
Current assets
Debtors	4	14,322	8,876
Cash at bank and in hand		34,078	48,973
		48,400	57,849
Creditors: amount falling due within one year	5	(15,997)	(35,908)
Net current assets		32,403	21,941

Total assets less current liabilities		68,218	22,471
Creditors: amount falling due after more than one year	6	(33,466)	0
Provisions for liabilities	7	(6,805)	(101)
Net assets		27,947	22,370

Capital and reserves
Called up share capital		1	1
Profit and loss account		27,946	22,369
Shareholders' funds		27,947	22,370

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 22 September 2026 and were signed by:

-------------------------------
Lucinda Dalton
Director

5

Lucinda Dalton Gallery Ltd
Statement of Changes in Equity
For the year ended 31 March 2026

	Equity share capital	Retained Earnings	Total
	£	£	£
Profit/(Loss) for the year		45,178	45,178
Total comprehensive income for the year	-	45,178	45,178
Dividends		(22,809)	(22,809)
Shares issued	1		1
Total investments by and distributions to owners	1	(22,809)	(22,808)
At 31 March 2025	1	22,369	22,370
At 01 April 2025		22,369	22,369
Profit/(Loss) for the year		54,872	54,872
Total comprehensive income for the year	-	54,872	54,872
Dividends		(49,295)	(49,295)
Shares issued	1		1
Total investments by and distributions to owners	1	(49,295)	(49,294)
At 31 March 2026	1	27,946	27,947

6

Lucinda Dalton Gallery Ltd
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

Lucinda Dalton Gallery Ltd is a private company, limited by shares, registered in England and Wales, registration number 15531553, registration address Unit 14, Princeton Mews, 167 London Road, Kingston Upon Thames, KT2 6PT .

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	10% Straight Line
Computer Equipment	25% Reducing Balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Motor Vehicles	Total
	£	£	£
At 01 April 2025	707	-	707
Additions	443	35,289	35,732
Disposals	-	-	-
At 31 March 2026	1,150	35,289	36,439
Depreciation
At 01 April 2025	177	-	177
Charge for year	153	294	447
On disposals	-	-	-
At 31 March 2026	330	294	624
Net book values
Closing balance as at 31 March 2026	820	34,995	35,815
Opening balance as at 01 April 2025	530	-	530

The net book value of Motor Vehicles includes £ 34,995 in respect of assets leased under finance leases or hire purchase contracts.

4.

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	4,975	2,484
Prepayments & Accrued Income	229	227
Directors' Current Accounts	8,982	6,165
VAT	136	0
	14,322	8,876

5.

Creditors: amount falling due within one year

	2026 £	2025 £
Corporation Tax	6,284	11,172
PAYE & Social Security	1,136	0
Other Creditors	(1)	(1)
Hire Purchase Current Year	1,823	0
Money to Pass On	6,755	21,938
VAT	0	2,799
	15,997	35,908

6.

Creditors: amount falling due after more than one year

	2026 £		2025 £
Hire Purchase Non-Current Year	33,466		0
	33,466		0

7.

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	6,805		101
	6,805		101

7