Luba Care Cyf - Filleted accounts

Registered number

14040635

Luba Care Cyf

Unaudited Filleted Accounts

30 April 2025

Luba Care Cyf
Registered number:		14040635
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		24,506			41,240

Current assets
Debtors	4	59,324			65,601
Cash at bank and in hand		12,727			41,717
		72,051			107,318

Creditors: amounts falling due within one year	5	(44,343)			(72,180)

Net current assets			27,708			35,138

Total assets less current liabilities			52,214			76,378

Creditors: amounts falling due after more than one year	6		(23,171)			(38,645)

Provisions for liabilities			(368)			(424)


Net assets			28,675			37,309

Capital and reserves
Called up share capital			100			100
Profit and loss account			28,575			37,209

Shareholders' funds			28,675			37,309

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mihlayifani Sibanda
Director
Approved by the board on 1 December 2025

Luba Care Cyf
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Computer equipment			over 3 years
	Fixtures, fittings, tools and equipment			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2024	4,563		10,603		41,500		56,666
	Additions	1,548		18,307		5,000		24,855
	Disposals	-		(2,154)		(41,500)		(43,654)
	At 30 April 2025	6,111		26,756		5,000		37,867

	Depreciation
	At 1 May 2024	2,150		2,901		10,375		15,426
	Charge for the year	2,037		5,351		1,250		8,638
	On disposals	-		(328)		(10,375)		(10,703)
	At 30 April 2025	4,187		7,924		1,250		13,361

	Net book value
	At 30 April 2025	1,924		18,832		3,750		24,506
	At 30 April 2024	2,413		7,702		31,125		41,240


4	Debtors					2025		2024
£							£

	Trade debtors					55,603		65,601
	Other debtors					3,721		-
						59,324		65,601


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					17,635		16,464
	Taxation and social security costs					9,123		17,060
	Other creditors					17,585		38,656
						44,343		72,180


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					23,171		38,645


7	Related party transactions

	The company rents 59 Balmoral Road from Isalyn Property Cyf, which is owned by the Shareholders of Luba Care Cyf. The property is rented at full commercial rates.

8	Bank loan charge

	A charge over the assets and property of Luba Care Cyf is held by DBW Investments (10) Ltd in relation to the Bank Loan taken out by the company.

9	Transactions with Directors

	During the year the directors used current accounts with the company to record amounts due to them and amounts drawn by them. The accounts show an amount owing back to the directors as at 30th April 2025 of £14,200.86 (2024: £35,711.45). The amount is repayable on demand and carries interest.


#	Controlling party

	Mihlayifani Sibanda owns 75% of the shareholding and manages the day to day running of the company, he is therefore the controlling party of Luba Care Cyf.


11	Other information

	Luba Care Cyf is a private company limited by shares and incorporated in England. Its registered office is:
	The Old bank
	Beaufort Street
	Crickhowell
	Powys
	NP8 1AD