REGISTERED NUMBER: SC268558 (Scotland)

Abridged Unaudited Financial Statements for the Year Ended 31 December 2024

for

Letmerepair Uk Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Dominick

P Bain

SECRETARY:

P Bain

REGISTERED OFFICE:

1 Langlands Court

Kelvin South Business Park

East Kilbride

GLASGOW

G75 0YB

REGISTERED NUMBER:

SC268558 (Scotland)

ACCOUNTANTS:

RAEBURN ALLISON & CO

CHARTERED ACCOUNTANTS

13/15 STRATHMORE HOUSE

TOWN CENTRE

EAST KILBRIDE

GLASGOW

G74 1LF

FIXED ASSETS

Tangible assets

4

78,395

77,292

CURRENT ASSETS

Stocks

61,560

61,560

Debtors

940,106

945,359

Investments

20,000

20,000

Cash at bank

81,613

46,015

1,103,279

1,072,934

CREDITORS

Amounts falling due within one year

(520,338

)

(516,457

)

NET CURRENT ASSETS

582,941

556,477

TOTAL ASSETS LESS CURRENT LIABILITIES

661,336

633,769

PROVISIONS FOR LIABILITIES

5

(10,532

)

(14,073

)

NET ASSETS

650,804

619,696

CAPITAL AND RESERVES

Called up share capital

6

72,500

72,500

Retained earnings

7

578,304

547,196

SHAREHOLDERS' FUNDS

650,804

619,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 September 2025 and were signed on its behalf by:

K Dominick - Director

1.	STATUTORY INFORMATION

Letmerepair Uk Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

20% on cost and 20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

296,287

Additions

18,372

At 31 December 2024

314,659

DEPRECIATION

At 1 January 2024

218,995

Charge for year

17,269

At 31 December 2024

236,264

NET BOOK VALUE

At 31 December 2024

78,395

At 31 December 2023

77,292

5.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

10,532

14,073

Deferred

tax

£

Balance at 1 January 2024

14,073

Provided during year

(3,541

)

Balance at 31 December 2024

10,532

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

72,500

ORDINARY

1

72,500

72,500

7.

RESERVES

Retained

earnings

£

At 1 January 2024

547,196

Profit for the year

31,108

At 31 December 2024

578,304

8.	ULTIMATE CONTROLLING PARTY

The controlling party is LMR GmbH.

The ultimate controlling party is LMR GmbH.