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REGISTERED NUMBER: 06372641 (England and Wales)















Financial Statements for the Year Ended 30 June 2025

for

25 Repair Centre Limited

25 Repair Centre Limited (Registered number: 06372641)






Contents of the Financial Statements
for the Year Ended 30 June 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


25 Repair Centre Limited

Company Information
for the Year Ended 30 June 2025







DIRECTORS: K Krojby
Leki Limited



REGISTERED OFFICE: 823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ



REGISTERED NUMBER: 06372641 (England and Wales)



AUDITORS: Krogh & Partners Limited, (Statutory Auditor)
823 Salisbury House
29 Finsbury Circus
London
EC2M 5QQ



BANKERS: Barclays Bank
74/75 East Street
Chichester
West Sussex
PO19 1HR

25 Repair Centre Limited (Registered number: 06372641)

Balance Sheet
30 June 2025

2025 2024
Notes $    $    $    $   
FIXED ASSETS
Tangible assets 4 3,188 2,433

CURRENT ASSETS
Stocks 5 309,684 391,573
Debtors 6 173,097 175,066
Cash at bank 52,055 89,540
534,836 656,179
CREDITORS
Amounts falling due within one year 7 2,750,769 2,710,408
NET CURRENT LIABILITIES (2,215,933 ) (2,054,229 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,212,745

)

(2,051,796

)

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 (2,212,747 ) (2,051,798 )
SHAREHOLDERS' FUNDS (2,212,745 ) (2,051,796 )

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2025 and were signed on its behalf by:





K Krojby - Director


25 Repair Centre Limited (Registered number: 06372641)

Notes to the Financial Statements
for the Year Ended 30 June 2025

1. STATUTORY INFORMATION

25 Repair Centre 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.

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.

Going Concern
The financial statements are prepared in accordance with the historical cost convention and on a going concern basis assuming the continued financial support of the parent company. The parent company has confirmed that it will maintain financial support for the foreseeable future to enable the company to continue normal trading operations.

Turnover
Turnover from sales and trading and finished goods is recognized as turnover when the transition of the main benefits and risks to the buyer, the turnover can be made up reliably and payment is expected to be received. The time of release of the most essential benefits and risks based on standardized delivery conditions based on Incoterms 2010.

Turnover is measured at the fair value of the agreed consideration excluding VAT and taxes charged on behalf of third parties. All discounts and rebates granted are recognised in turnover.

Interest and similar income and charges
Interest and similar income and charges are recognised in the profit and loss account over the term of such instruments at a constant rate on the carrying amount.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

Financial instruments
The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Tangible assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold in accordance with the property lease
Plant and machinery 20% per annum, straight line basis
Fixtures and fittings 20% per annum, straight line basis
Computer equipment 33% per annum, straight line basis

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Debtors
Debtors are valued individually and there are made provision according to this valuation.

25 Repair Centre Limited (Registered number: 06372641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

2. ACCOUNTING POLICIES - continued

Cash at bank and in hand
Cash at bank and in hand include cash holdings and bank deposit.

Creditors
Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost.

Taxation
Current tax and deferred taxation, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation is provided in full on an undiscounted basis, on all timing differences which result in an obligation at the balance sheet date to pay more tax, or a right to pay less tax, at a future date, at rates expected to crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in tax computations in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised where it is considered more likely than not that future profits will be available for offset. Tax asset is calculated on the basis of 25% in tax rate.

Local currency
Due to high cash inflows and outflows in dollar, the company considers dollar as its local currency.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
$    $    $    $   
COST
At 1 July 2024 146,175 31,122 26,172 203,469
Additions - - 3,268 3,268
At 30 June 2025 146,175 31,122 29,440 206,737
DEPRECIATION
At 1 July 2024 145,866 31,019 24,151 201,036
Charge for year 309 103 2,101 2,513
At 30 June 2025 146,175 31,122 26,252 203,549
NET BOOK VALUE
At 30 June 2025 - - 3,188 3,188
At 30 June 2024 309 103 2,021 2,433

5. STOCKS
2025 2024
$    $   
Goods for resale 309,684 391,573

25 Repair Centre Limited (Registered number: 06372641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
$    $   
Trade debtors 20,127 69,627
Amounts owed by group undertakings 73,447 65,569
Other debtors 9,991 14,137
WIP 11,040 11,025
Group relief, corporation tax 58,492 14,708
173,097 175,066

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
$    $   
Trade creditors 436,434 325,823
Amounts owed to group undertakings 2,288,275 2,352,841
Other creditors 24,477 21,224
Accrued expenses 1,583 10,520
2,750,769 2,710,408

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
$    $   
Within one year 75,460 69,520

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: $    $   
1 Ordinary 1 2 2

10. RESERVES
Retained
earnings
$   

At 1 July 2024 (2,051,798 )
Deficit for the year (160,949 )
At 30 June 2025 (2,212,747 )

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John Lindegaard (Senior Statutory Auditor)
for and on behalf of Krogh & Partners Limited, (Statutory Auditor)

25 Repair Centre Limited (Registered number: 06372641)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2025

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the director K Krojby, who is also a director of its parent company Leki Limited, and Leki Aviation A/S which is incorporated in Denmark.

The immediate parent undertaking is Leki Limited, a company incorporated and registered in United Kingdom.

Leki Aviation A/S (incorporated in Denmark) is the smallest group to consolidate these financial statements and copies can be obtained from:

Leki Aviation A/S
Amager Landevej 278
2770 Kastrup
Denmark