LWF UK Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08475341

LWF UK Ltd

Filleted Financial Statements

31 December 2024

LWF UK Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Intangible assets	5	–	35,901
Tangible assets	6	3,363,862	2,546,353
		------------	------------
		3,363,862	2,582,254

Current assets

Stocks		390,272	137,653
Debtors	7	848,489	273,515
Cash at bank and in hand		266,948	343,854
		------------	---------
		1,505,709	755,022

Creditors: amounts falling due within one year	8	362,006	717,072
		------------	---------
Net current assets		1,143,703	37,950
		------------	------------
Total assets less current liabilities		4,507,565	2,620,204

Creditors: amounts falling due after more than one year	9	17,310,153	6,392,844
		-------------	------------
Net liabilities		( 12,802,588)	( 3,772,640)
		-------------	------------

Capital and reserves

Called up share capital	101	101
Share premium account	82,265	82,265
Profit and loss account	( 12,884,954)	( 3,855,006)
	-------------	------------
Shareholders deficit	( 12,802,588)	( 3,772,640)
	-------------	------------

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 income and retained earnings has not been delivered.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 19 September 2025 , and are signed on behalf of the board by:

Mr R Sagher
Director

Company registration number: 08475341

LWF UK Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ramsbrook Farm, Ramsbrook Lane, Widnes, Cheshire, England, WA8 8NZ.

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.

Going concern

The directors have reviewed the company's financial projections for the next 12 months and are satisfied that its existing sources of finance will provide sufficient cash to meet the company's needs. The parent company has confirmed its continuing financial support.

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.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

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:

Freehold property	-	2% straight line
Plant and machinery	-	20% straight line
Motor vehicles	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 29 (2023: 14 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 January 2024	56,097
Additions	–
Disposals	( 56,097)
	--------
At 31 December 2024	–
	--------
Amortisation
At 1 January 2024	20,196
Charge for the year	–
Disposals	( 20,196)
	--------
At 31 December 2024	–
	--------
Carrying amount
At 31 December 2024	–
	--------
At 31 December 2023	35,901
	--------

6. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 January 2024	2,169,939	465,652	14,995	2,650,586
Additions	362,001	700,339	–	1,062,340
Disposals	–	( 16,953)	–	( 16,953)
	------------	------------	--------	------------
At 31 December 2024	2,531,940	1,149,038	14,995	3,695,973
	------------	------------	--------	------------
Depreciation
At 1 January 2024	18,099	74,137	11,997	104,233
Charge for the year	43,439	191,476	2,998	237,913
Disposals	–	( 10,035)	–	( 10,035)
	------------	------------	--------	------------
At 31 December 2024	61,538	255,578	14,995	332,111
	------------	------------	--------	------------
Carrying amount
At 31 December 2024	2,470,402	893,460	–	3,363,862
	------------	------------	--------	------------
At 31 December 2023	2,151,840	391,515	2,998	2,546,353
	------------	------------	--------	------------

7. Debtors

	2024	2023
	£	£
Trade debtors	–	16,183
Other debtors	848,489	257,332
	---------	---------
	848,489	273,515
	---------	---------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	138,220	553,467
Social security and other taxes	69,614	45,159
Other creditors	154,172	118,446
	---------	---------
	362,006	717,072
	---------	---------

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	17,310,153	6,392,844
	-------------	------------

Amounts due to holding company and related parties

10. Summary audit opinion

The auditor's report dated 19 September 2025 was unqualified .

The senior statutory auditor was Thomas McManners BSC ACA ACMI , for and on behalf of TTCA Ltd .

11. Controlling party

LWF UK Ltd is a subsidiary of LWF Foreign Holdings LLC. Its financial statements are consolidated into the financial statements of its ultimate parent company LWF Holdings LLC which can be obtained from 767 5th Avenue, Suite 4200, New York, New York 10153, United States.