1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 125,100 90 49 125,141 125,141 125,100 xbrli:pure xbrli:shares iso4217:GBP 07645445 2024-04-01 2025-03-31 07645445 2025-03-31 07645445 2024-03-31 07645445 2023-04-01 2024-03-31 07645445 2024-03-31 07645445 2023-03-31 07645445 core:PlantMachinery 2024-04-01 2025-03-31 07645445 core:MotorVehicles 2024-04-01 2025-03-31 07645445 bus:Director1 2024-04-01 2025-03-31 07645445 core:PlantMachinery 2024-03-31 07645445 core:MotorVehicles 2024-03-31 07645445 core:PlantMachinery 2025-03-31 07645445 core:MotorVehicles 2025-03-31 07645445 core:WithinOneYear 2025-03-31 07645445 core:WithinOneYear 2024-03-31 07645445 core:AfterOneYear 2025-03-31 07645445 core:AfterOneYear 2024-03-31 07645445 core:ShareCapital 2025-03-31 07645445 core:ShareCapital 2024-03-31 07645445 core:RevaluationReserve 2025-03-31 07645445 core:RevaluationReserve 2024-03-31 07645445 core:RetainedEarningsAccumulatedLosses 2025-03-31 07645445 core:RetainedEarningsAccumulatedLosses 2024-03-31 07645445 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 07645445 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 07645445 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2025-03-31 07645445 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 07645445 core:Non-currentFinancialInstruments 2025-03-31 07645445 core:Non-currentFinancialInstruments 2024-03-31 07645445 bus:SmallEntities 2024-04-01 2025-03-31 07645445 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07645445 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07645445 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07645445 bus:FullAccounts 2024-04-01 2025-03-31 07645445 core:InvestmentPropertyIncludedWithinPPE 2024-03-31 07645445 core:InvestmentPropertyIncludedWithinPPE 2024-04-01 2025-03-31 07645445 core:InvestmentPropertyIncludedWithinPPE 2025-03-31 07645445 core:AfterOneYear 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: 07645445

Labour-Tech Holdings Limited

Unaudited financial statements

31 March 2025

Labour-Tech Holdings Limited

Statement of financial position

31 March 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,635,961 |  | 1,061,410
Investments | 6 |  | 125,141 |  | 125,100
|  | ----------- |  | -----------
|  | 1,761,102 |  | 1,186,510

Current assets

Debtors | 7 | 34,098 |  | 76,199 |
Cash at bank and in hand | 71 |  | – |
| ------- |  | ------- |
| 34,169 |  | 76,199 |

Creditors: Amounts falling due within one year | 8 | ( 523,781) |  | ( 125,124) |
| --------- |  | --------- |
Net current liabilities |  | ( 489,612) |  | ( 48,925)
|  | ----------- |  | -----------
Total assets less current liabilities |  | 1,271,490 |  | 1,137,585

Creditors: Amounts falling due after more than one year | 9 |  | ( 331,664) |  | ( 188,794)

Provisions

Taxation including deferred tax |  | 21,691 |  | ( 25,892)
|  | ----------- |  | -----------
Net assets |  | 961,517 |  | 922,899
|  | ----------- |  | -----------

Capital and reserves

Called up share capital |  | 269 |  | 269
Revaluation reserve |  | 105,073 |  | 105,073
Profit and loss account |  | 856,175 |  | 817,557
|  | --------- |  | ---------
Shareholders funds |  | 961,517 |  | 922,899
|  | --------- |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Labour-Tech Holdings Limited

Statement of financial position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 31 August 2025 , and are signed on behalf of the board by:

K F Wilson |
Director |

Company registration number: 07645445

Labour-Tech Holdings Limited

Notes to the financial statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 55 Market Street, Ely, Cambridgeshire, CB7 4LR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the 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.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% straight line
| Motor vehicles | - | 25% straight line

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. Employee numbers
The average number of employees during the year was 1 (2024: 1 ).
5. Tangible assets

| Plant and machinery | Motor vehicles | Investment property | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 April 2024 | 7,720 | 2,000 | 1,061,410 | 1,071,130
Additions | 814 | 4,995 | 568,960 | 574,769
Disposals | – | ( 2,000) | – | ( 2,000)
| ------ | ------ | ----------- | -----------
At 31 March 2025 | 8,534 | 4,995 | 1,630,370 | 1,643,899
| ------ | ------ | ----------- | -----------
Depreciation |  |  |  |
At 1 April 2024 | 7,720 | 2,000 | – | 9,720
Charge for the year | 31 | 187 | – | 218
Disposals | – | ( 2,000) | – | ( 2,000)
| ------ | ------ | ----------- | -----------
At 31 March 2025 | 7,751 | 187 | – | 7,938
| ------ | ------ | ----------- | -----------
Carrying amount |  |  |  |
At 31 March 2025 | 783 | 4,808 | 1,630,370 | 1,635,961
| ------ | ------ | ----------- | -----------
At 31 March 2024 | – | – | 1,061,410 | 1,061,410
| ------ | ------ | ----------- | -----------

The company's investment property is measured at fair value, based on an open market basis by the director.
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Investment property
| £
At 31 March 2025 |
Aggregate cost | 1,490,273
Aggregate depreciation | –
| -----------
Carrying value | 1,490,273
| -----------

At 31 March 2024 |
Aggregate cost | 921,313
Aggregate depreciation | –
| ---------
Carrying value | 921,313
| ---------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 April 2024 | 125,100
Additions | 90
Disposals | ( 49)
| ---------
At 31 March 2025 | 125,141
| ---------
Impairment |
At 1 April 2024 and 31 March 2025 | –
| ---------

Carrying amount |
At 31 March 2025 | 125,141
| ---------
At 31 March 2024 | 125,100
| ---------

7. Debtors

| 2025 | 2024
| £ | £
Other debtors | 34,098 | 76,199
| ------- | -------

8. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 50,953 | 66,587
Trade creditors | 859 | 16,052
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 73,132 | 27,820
Social security and other taxes | – | 11,540
Other creditors | 398,837 | 3,125
| --------- | ---------
| 523,781 | 125,124
| --------- | ---------

The following liabilities disclosed under creditors falling due within one year are secured by the company: Bank loan - £50,953 (2024 - £41,770).
9. Creditors: Amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 331,664 | 188,794
| --------- | ---------

Included within creditors amounts falling due after more than one year is an amount of £39,582 (2024: £41,423) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date. £39,582 is due to be paid by June 2034. Interest on the loan is charged at 3.78% over base rate. The bank loan is secured on the assets concerned.
10. Director's advances, credits and guarantees
Included within debtors at the year end is a directors loan account of £nil (2024: £44,673). Interest of £822 was charged at the official rate. The maximum overdrawn balance during the year was £67,225 (2024: £44,673).