REGISTERED NUMBER: 07768175 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

LABANTE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms Vanita Badlani

REGISTERED OFFICE:

International House

24 Holborn Viaduct

London

EC1A 2BN

REGISTERED NUMBER:

07768175 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Stocks

5

79,953

31,334

Debtors

6

7,394

7,917

Cash at bank

17,361

16,448

104,708

55,699

CREDITORS

Amounts falling due within one year

7

(112,962

)

(47,661

)

NET CURRENT (LIABILITIES)/ASSETS

(8,254

)

8,038

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,253

)

8,039

CREDITORS

Amounts falling due after more than one year

8

(30,882

)

(37,987

)

NET LIABILITIES

(39,135

)

(29,948

)

CAPITAL AND RESERVES

Called up share capital

26,010

26,010

Retained earnings

(65,145

)

(55,958

)

SHAREHOLDERS' FUNDS

(39,135

)

(29,948

)

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 director acknowledges her 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Ms Vanita Badlani - Director

1.	STATUTORY INFORMATION

Labante 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.

Turnover

Turnover is the total amount receivable by the company excluding value added tax, in the ordinary course of its business for goods supplied and services provided.

Tangible fixed assets

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

Improvements to premises

-

20% on cost

Office equipment

-

25% on cost

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Office

premises

equipment

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

4,799

4,648

9,447

DEPRECIATION

At 1 October 2023

and 30 September 2024

4,798

4,648

9,446

NET BOOK VALUE

At 30 September 2024

1

-

1

At 30 September 2023

1

-

1

5.

STOCKS

2024

2023

£

£

Goods for resale

79,953

31,334

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,094

6,576

Other debtors

1,300

1,341

7,394

7,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

50,218

12,273

Trade creditors

15,383

16,617

Social security and other taxes

191

3,444

Director's current accounts

36,321

6,977

Accrued expenses

10,849

8,350

112,962

47,661

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans due between

1 & 2 years

10,000

10,000

Bank loans due between

2 & 5 years

20,882

27,987

30,882

37,987