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REGISTERED NUMBER: 05040455 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

CASALUBE UK LIMITED

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CASALUBE UK LIMITED

Company Information
for the year ended 30 September 2024







DIRECTORS: A Brocani
Menichelli
M Marasca





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: 05040455 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Statement of Financial Position
30 September 2024

30/9/24 30/9/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 19,589 24,653

CURRENT ASSETS
Stocks 5 489,534 449,182
Debtors 6 314,562 613,458
Cash at bank 102,483 170,167
906,579 1,232,807
CREDITORS
Amounts falling due within one year 7 48,108 (281,733 )
NET CURRENT ASSETS 954,687 951,074
TOTAL ASSETS LESS CURRENT
LIABILITIES

974,276

975,727

CREDITORS
Amounts falling due after more than one
year

8

-

(118,478

)

PROVISIONS FOR LIABILITIES 9 (4,898 ) (6,163 )
NET ASSETS 969,378 851,086

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 969,278 850,986
SHAREHOLDERS' FUNDS 969,378 851,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Statement of Financial Position - continued
30 September 2024


The 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





A Brocani - Director


CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Casalube UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks and work in progress
Stock and work in progress is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalent
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 81,656 19,873 101,529
DEPRECIATION
At 1 October 2023 59,655 17,221 76,876
Charge for year 4,401 663 5,064
At 30 September 2024 64,056 17,884 81,940
NET BOOK VALUE
At 30 September 2024 17,600 1,989 19,589
At 30 September 2023 22,001 2,652 24,653

5. STOCKS
30/9/24 30/9/23
£    £   
Finished goods 489,534 449,182

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade debtors 49,511 66,514
Other debtors 226,254 469,400
Rent deposit 16,750 16,750
VAT 22,047 60,794
314,562 613,458

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Hire purchase contracts 7,730 9,081
Trade creditors (117,984 ) 171,650
Pensions 1,991 1,902
CIS payable 3,303 12,320
Tax 39,458 32,819
PAYE 7,438 194
Wages payable 1,605 -
Subcontractor wages payable (2,417 ) -
Directors' current accounts 5,568 49,067
Accrued expenses 5,200 4,700
(48,108 ) 281,733

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/24 30/9/23
£    £   
Funding Circle loan - 111,978
Hire purchase contracts - 6,500
- 118,478

9. PROVISIONS FOR LIABILITIES
30/9/24 30/9/23
£    £   
Deferred tax
Accelerated capital allowances 4,898 6,163

Deferred
tax
£   
Balance at 1 October 2023 6,163
Provided during year (1,265 )
Balance at 30 September 2024 4,898

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/24 30/9/23
value: £    £   
100 Ordinary 1 100 100

CASALUBE UK LIMITED (REGISTERED NUMBER: 05040455)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

11. RESERVES
Retained
earnings
£   

At 1 October 2023 850,986
Profit for the year 119,792
Dividends (1,500 )
At 30 September 2024 969,278

12. RELATED PARTY DISCLOSURES

At the year end the company owed its directors £4,067 (2023 : £49,067).

13. ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their direct interest in the whole of the issued share capital.