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REGISTERED NUMBER: 11804622 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 28 February 2025 |

| for |

| LIBTEK LTD |

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Contents of the Financial Statements

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| LIBTEK LTD |

Company Information

for the year ended 28 February 2025

| DIRECTOR: | A D Winters

| REGISTERED OFFICE: | 27 Burleigh Way

| Cuffley

| Potters Bar

| EN6 4LG

| REGISTERED NUMBER: | 11804622 (England and Wales)

| ACCOUNTANTS: | K J Pittalis and Partners LLP

| Chartered Certified Accountants

| Global House

| 303 Ballards Lane

| London

| N12 8NP

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Statement of Financial Position

28 February 2025

| 28/2/25 |  | 29/2/24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 55,011 |  | 39,821 |  |

CURRENT ASSETS

Debtors | 6 | 230,935 |  | 125,235 |  |

Cash at bank | 14,944 |  | 66,811 |  |

245,879 |  | 192,046 |  |

CREDITORS

Amounts falling due within one year | 7 | (119,591 | ) | (118,560 | ) |

NET CURRENT ASSETS | 126,288 |  | 73,486 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 181,299 |  | 113,307 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (180,756 | ) | (112,787 | ) |

NET ASSETS | 543 |  | 520 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 443 |  | 420 |  |

543 |  | 520 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Statement of Financial Position - continued

28 February 2025

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 4 November 2025 and were signed by:

A D Winters - Director

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Notes to the Financial Statements

for the year ended 28 February 2025

1. | STATUTORY INFORMATION

| Libtek Ltd 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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.

| Improvements to property | - | Straight line over 50 years

| Plant and machinery | - | 20% on cost

| Motor vehicles | - | 25% on reducing balance

| 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 statement of financial position date.

| 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.

| Assets obtained under hire purchase contacts and finance leases are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payments is charged to the profit and loss account so as to produce a constant periodic rate charge on the net obligation outstanding in each period.

| 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.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 1 ) .

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |

| to |  | Plant and |  | Motor |

| property |  | machinery |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 March 2024 | 18,076 |  | 5,912 |  | 20,230 |  | 44,218 |  |

| Additions | - |  | 4,319 |  | 23,307 |  | 27,626 |  |

| At 28 February 2025 | 18,076 |  | 10,231 |  | 43,537 |  | 71,844 |  |

| DEPRECIATION

| At 1 March 2024 | - |  | 4,397 |  | - |  | 4,397 |  |

| Charge for year | 362 |  | 1,190 |  | 10,884 |  | 12,436 |  |

| At 28 February 2025 | 362 |  | 5,587 |  | 10,884 |  | 16,833 |  |

| NET BOOK VALUE

| At 28 February 2025 | 17,714 |  | 4,644 |  | 32,653 |  | 55,011 |  |

| At 29 February 2024 | 18,076 |  | 1,515 |  | 20,230 |  | 39,821 |  |

| Included in above are assets on hire purchase with a net book value of £32,653 (2024: £20,230).

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28/2/25 |  | 29/2/24

£ | £ |

| Trade debtors | 25,964 |  | 1,610 |  |

| Other debtors | 204,971 |  | 123,625 |  |

230,935 |  | 125,235 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28/2/25 |  | 29/2/24

£ | £ |

| Bank loans and overdrafts | 27,449 |  | 19,345 |  |

| Hire purchase contracts | 8,981 |  | 4,323 |  |

| Trade creditors | 15,286 |  | - |  |

| Taxation and social security | 53,148 |  | 84,398 |  |

| Other creditors | 14,727 |  | 10,494 |  |

119,591 |  | 118,560 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28/2/25 |  | 29/2/24

£ | £ |

| Bank loans | 153,793 |  | 96,681 |  |

| Hire purchase contracts | 26,963 |  | 16,106 |  |

180,756 |  | 112,787 |  |

| LIBTEK LTD (REGISTERED NUMBER: 11804622) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

| 28/2/25 |  | 29/2/24

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instalments | 43,997 |  | 17,500 |  |

| Assets held on hire purchase are secured on the assets financed.

| The above loan is guaranteed by the UK Government under BBLS (the BBLS Guarantee) . There are no capital or interest repayments for the first 12 months after the date of draw down after which the total amount payable must be repaid by way of 60 consecutive monthly repayments (consisting of capital and interest). Interest is charged at a rate of 2.5% on the outstanding principle amount.

| Other bank loans have been guaranteed personally by the director.

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| As at the balance sheet date the director's account was overdrawn by £153,249 (2024: £100,000).

| The above loan is unsecured and carries an interest rate of 2.25%.