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REGISTERED NUMBER: 01065874 (England and Wales)

LBC TECHNOLOGIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

LBC TECHNOLOGIES LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | L D Weh

| SECRETARY: | R J Ward

| REGISTERED OFFICE: | 7 Aston Court

| George Road

| Bromsgrove Technology Park

| Bromsgrove

| Worcestershire

| B60 3AL

| REGISTERED NUMBER: | 01065874 (England and Wales)

| ACCOUNTANTS: | CUTTER & CO LTD

| CHARTERED ACCOUNTANTS

| 3 Lyttleton Court

| Birmingham Street

| Halesowen

| West Midlands

| B63 3HN

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

BALANCE SHEET

31 DECEMBER 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 11,412 |  | 8,242 |  |

Investments | 5 | 4 |  | 4 |  |

11,416 |  | 8,246 |  |

CURRENT ASSETS

Stocks | 468,676 |  | 484,064 |  |

Debtors | 6 | 458,649 |  | 340,393 |  |

Cash at bank | 1,264,323 |  | 1,147,065 |  |

2,191,648 |  | 1,971,522 |  |

CREDITORS

Amounts falling due within one year | 7 | 98,237 |  | 87,981 |  |

NET CURRENT ASSETS | 2,093,411 |  | 1,883,541 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,104,827 |  | 1,891,787 |  |

PROVISIONS FOR LIABILITIES | 8 | 2,853 |  | 1,872 |  |

NET ASSETS | 2,101,974 |  | 1,889,915 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 2,101,874 |  | 1,889,815 |  |

2,101,974 |  | 1,889,915 |  |

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 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.

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

BALANCE SHEET - continued

31 DECEMBER 2024

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 11 November 2025 and were signed by:

L D Weh - Director

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| LBC Technologies 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.

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

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.

| Preparation of consolidated financial statements

| The financial statements contain information about LBC Technologies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| 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 | - | 25% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| 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.

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| 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 5 (2023 - 5 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 January 2024 | 55,112 |  |

| Additions | 7,052 |  |

| At 31 December 2024 | 62,164 |  |

| DEPRECIATION

| At 1 January 2024 | 46,870 |  |

| Charge for year | 3,882 |  |

| At 31 December 2024 | 50,752 |  |

| NET BOOK VALUE

| At 31 December 2024 | 11,412 |  |

| At 31 December 2023 | 8,242 |  |

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 4 |  |

| NET BOOK VALUE

| At 31 December 2024 | 4 |  |

| At 31 December 2023 | 4 |  |

LBC TECHNOLOGIES LIMITED (REGISTERED NUMBER: 01065874)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

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

2024 | 2023 |

£ | £ |

| Trade debtors | 136,347 |  | 48,678 |  |

| Amounts owed by group undertakings | 306,246 |  | 274,942 |  |

| Other debtors | 16,056 |  | 16,773 |  |

458,649 |  | 340,393 |  |

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

2024 | 2023 |

£ | £ |

| Trade creditors | 3,888 |  | 5,747 |  |

| Taxation and social security | 89,289 |  | 79,062 |  |

| Other creditors | 5,060 |  | 3,172 |  |

98,237 |  | 87,981 |  |

8. | PROVISIONS FOR LIABILITIES

2024 | 2023 |

£ | £ |

| Deferred tax

| Accelerated capital allowances | 2,853 |  | 1,872 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 1,872 |  |

| Provided during year | 981 |  |

| Balance at 31 December 2024 | 2,853 |  |

9. | ULTIMATE CONTROLLING PARTY

| The immediate parent company of LBC Technologies Limited is Wehtech Limited, a UK registered company.

| The ultimate controlling party is German resident, Wolfgang Weh.