Labhill Limited 08124912 false 2024-07-01 2025-06-30 2025-06-30 The principal activity of the company is Specialist Medical Practice Activities Digita Accounts Production Advanced 6.30.9574.0 true 08124912 2024-07-01 2025-06-30 08124912 2025-06-30 08124912 core:RetainedEarningsAccumulatedLosses 2025-06-30 08124912 core:ShareCapital 2025-06-30 08124912 core:CurrentFinancialInstruments 2025-06-30 08124912 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 08124912 bus:SmallEntities 2024-07-01 2025-06-30 08124912 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 08124912 bus:FilletedAccounts 2024-07-01 2025-06-30 08124912 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08124912 bus:RegisteredOffice 2024-07-01 2025-06-30 08124912 bus:Director1 2024-07-01 2025-06-30 08124912 bus:Director2 2024-07-01 2025-06-30 08124912 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08124912 bus:Agent1 2024-07-01 2025-06-30 08124912 countries:EnglandWales 2024-07-01 2025-06-30 08124912 2023-07-01 2024-06-30 08124912 2024-06-30 08124912 core:RetainedEarningsAccumulatedLosses 2024-06-30 08124912 core:ShareCapital 2024-06-30 08124912 core:CurrentFinancialInstruments 2024-06-30 08124912 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 iso4217:GBP xbrli:pure

Registration number: 08124912

Labhill Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Labhill Limited

Contents

Company Information | 1
Statement of Financial Position | 2
Notes to the Unaudited Financial Statements | 3 to 5

Labhill Limited

Company Information

Directors | Dr Laszlo Hegyi Ms Tunde Formadi

Registered office | BTC House, Chapel Hill Longridge Preston Lancashire PR3 3JY

Accountants | McDade Roberts Accountants Ltd Chartered Accountants316 Blackpool Road Preston Lancashire PR2 3AE

Labhill Limited

(Registration number: 08124912)
Statement of Financial Position as at 30 June 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 4 | 392 | 282
Cash at bank and in hand |  | 61 | 103
|  | 453 | 385
Creditors: Amounts falling due within one year | 5 | (4,449) | (3,913)
Net liabilities |  | (3,996) | (3,528)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | (3,998) | (3,530)
Shareholders' deficit |  | (3,996) | (3,528)

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 6 February 2026 and signed on its behalf by:

......................................... Dr Laszlo Hegyi Director
......................................... Ms Tunde Formadi Director

Labhill Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
BTC House,
Chapel Hill
Longridge
Preston
Lancashire
PR3 3JY

These financial statements were authorised for issue by the Board on 6 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Labhill Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

2 | Accounting policies (continued)

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 392 | 282
| 392 | 282

Labhill Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025 (continued)

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 972 | 936
Other creditors | 3,477 | 2,977
| 4,449 | 3,913