Registration number: 12412381

Lukai Ltd

Contents

Abridged Balance Sheet	1 to 2
Notes to the Unaudited Abridged Financial Statements	3 to 6

Lukai Ltd

(Registration number: 12412381)
Abridged Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	4	10,340	-
Tangible assets	5	982	-
Other financial assets	6	97,684	78,514
		109,006	78,514
Current assets
Debtors		450	2,535
Cash at bank and in hand		43,934	22,316
		44,384	24,851
Creditors: Amounts falling due within one year		(1,464)	(960)
Net current assets		42,920	23,891
Net assets		151,926	102,405
Capital and reserves
Called up share capital		100	100
Revaluation reserve		(4,591)	-
Profit and loss account		156,417	102,305
Total equity		151,926	102,405

Lukai Ltd

(Registration number: 12412381)
Abridged Balance Sheet as at 31 January 2026

For the financial year ending 31 January 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 of its accounts for the year in question in accordance with section 476; and
	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 29 August 2026
 

Mr M S Sidhu

Director

Lukai Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the director on 29 August 2026.

2	Accounting policies

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is show net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company's activities.

Tax

The tax expenses for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Lukai Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Intangible assets

Intangible assets acquired separately are initially recognised at cost. Cost comprises the purchase price and any directly attributable costs of preparing the asset for its intended use.

Following initial recognition, intangible assets are measured at fair value, provided that fair value can be determined by reference to an active market. Fair value is reviewed at each reporting date and any changes in fair value are recognised in accordance with the applicable requirements of FRS 102. Where an active market no longer exists, the asset is carried at its revalued amount at the date of the last revaluation less subsequent accumulated amortisation and accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intangible fixed assets	10% straight line

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment. The fair value used for listed equity shares and bonds is the closing market price at the balance sheet date.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 1).

Lukai Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

4	Intangible assets

	Total £
Cost or valuation
Revaluations	(4,591)
Additions acquired separately	16,590
At 31 January 2026	11,999
Amortisation
Amortisation charge	1,659
At 31 January 2026	1,659
Carrying amount
At 31 January 2026	10,340

5	Tangible assets

	Total £
Cost or valuation
Additions	1,310
At 31 January 2026	1,310
Depreciation
Charge for the year	328
At 31 January 2026	328
Carrying amount
At 31 January 2026	982

Lukai Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2026

6	Other financial assets (current and non-current)

	Total £
Non-current financial assets
Cost or valuation
At 1 February 2025	78,514
Fair value adjustments	26,269
Additions	30,645
Disposals	(37,744)
At 31 January 2026	97,684
Carrying amount
At 31 January 2026	97,684

7

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on revaluation of other assets	(4,591)	(4,591)

8	Related party transactions

Advances to directors

Mr M S Sidhu During the period Mr M S Sidhu went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £2,749 (2025 - £2,848). At the year end the amount outstanding from Mr M S Sidhu was £Nil (2025 - £2,536).