Lunaprop Limited - Accounts to registrar (filleted) - small 22.3
Lunaprop Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 June 2022 |
| for |
| Lunaprop Limited |
| Lunaprop Limited (Registered number: 12084699) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Lunaprop Limited |
| Company Information |
| for the Year Ended 30 June 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Lunaprop Limited (Registered number: 12084699) |
| Balance Sheet |
| 30 June 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investments | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 7 |
| Retained earnings | 8 |
| Shareholders' funds |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Lunaprop Limited (Registered number: 12084699) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2022 |
| 1. | Statutory information |
| Lunaprop Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Going concern |
| The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. These financial statements are prepared on the going concern basis. |
| The directors have considered the company's going concern position, taking into account the influence of the COVID-19 pandemic and the recent developments in the Ukraine crisis, including the economic and financial sanctions being imposed on Russia. |
| The directors do not feel there was any material impact on the company's annual accounts as of 30 June 2022. |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Taxation |
| Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Lunaprop Limited (Registered number: 12084699) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2022 |
| 2. | Accounting policies - continued |
| Deferred tax |
| Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. |
| The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. |
| Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. The directors believe that gains and losses on property sales are likely to be offset over time, and have therefore netted the deferred tax in relation to revaluation gains and losses. |
| Deferred tax assets and liabilities are not discounted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on the tax rates and laws enacted or substantially enacted at the statement of financial position date. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2021 - NIL). |
| 4. | Fixed asset investments |
| Other |
| investments |
| £ |
| Cost |
| At 1 July 2021 |
| and 30 June 2022 |
| Net book value |
| At 30 June 2022 |
| At 30 June 2021 |
| 5. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Other debtors |
| Prepayments and accrued income |
| Lunaprop Limited (Registered number: 12084699) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2022 |
| 6. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade creditors |
| Tax |
| Other creditors |
| Accruals and deferred income |
| 7. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 8. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 July 2021 |
| Profit for the year |
| At 30 June 2022 |