Company No: 03890988 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Mrs P R Ved
	Miss R G Ved
	Mr R G Ved

Secretary

Mr R G Ved

Registered office	2nd Floor
	168 Shoreditch High Street
	E1 6RA
	London
	United Kingdom

Company number

03890988 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2025		2024
		£		£
Current assets
Debtors	3	22,175		27,891
Cash at bank and in hand	4	463,911		524,354
		486,086		552,245
Creditors: amounts falling due within one year	5	( 38,398)		( 35,532)
Net current assets		447,688		516,713
Total assets less current liabilities		447,688		516,713
Net assets		447,688		516,713
Capital and reserves
Called-up share capital	6	1,000		1,000
Profit and loss account		446,688		515,713
Total shareholder's funds		447,688		516,713

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Liberty Chemcolor UK Limited (registered number: 03890988) were approved and authorised for issue by the Board of Directors on 13 December 2025. They were signed on its behalf by:

Mrs P R Ved Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Liberty Chemcolour UK Limited (the Company) is a private company, limited by shares, incorporated and domiciled in England and Wales. The address of its registered office is Second Floor, 168 Shoreditch High Street, London, E1 6RA. The principal place of business is Unit 1, Melbury Business Park, Shaftesbury, Dorset, SP7 0AF.

The Company's principal activity is that of trading in chemical products in United Kingdom and Europe on behalf of its Indian parent company.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

Foreign currency

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

Turnover represents sales to external customers at invoiced amounts less value added tax or local taxes on sales. Sales are recognised on delivery of goods to the customer.

Taxation

Current tax
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Trade and other debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets
Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Debtors

	2025		2024
	£		£
Trade debtors	19,365		19,466
Corporation tax	0		5,385
Other debtors	2,810		3,040
	22,175		27,891

4. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	463,911		524,354

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	197		23,317
Amounts owed to Group undertakings	24,972		9,905
Other taxation and social security	2,715		0
Other creditors	10,514		2,310
	38,398		35,532

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

7. Ultimate controlling party

The parent company is Liberty Exports Pvt Limited who hold 100% of the issued share capital. This company is incorporated in India.

The company is controlled by Mr G Ved, by virtue of his majority shareholding in the parent company, Liberty Exports Pvt Limited.