Lubetec UK Ltd - Filleted accounts

Registered number

05151672

Lubetec UK Ltd

Filleted Accounts

31 August 2025

Lubetec UK Ltd
Registered number:		05151672
Balance Sheet
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		203,537			205,597

Current assets
Stocks		26,147			22,878
Debtors	4	400,769			437,546
Cash at bank and in hand		985,449			868,493
		1,412,365			1,328,917

Creditors: amounts falling due within one year	5	(175,152)			(188,823)

Net current assets			1,237,213			1,140,094

Total assets less current liabilities			1,440,750			1,345,691

Creditors: amounts falling due after more than one year	6		(329,056)			(356,954)

Provisions for liabilities			(9,723)			(7,910)


Net assets			1,101,971			980,827

Capital and reserves
Called up share capital			2			2
Profit and loss account			1,101,969			980,825

Shareholders' funds			1,101,971			980,827

The director is 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 director acknowledges her 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.




Miss Faiza Mughal
Director
Approved by the board on 22 April 2026

Lubetec UK Ltd
Notes to the Accounts
for the year ended 31 August 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:

	Fixtures and equipment			15% reducing balance basis
	Motor vehicles			25% reducing balance basis



	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 September 2024	187,150		14,585		21,000		222,735
	Additions	-		2,669		-		2,669
	At 31 August 2025	187,150		17,254		21,000		225,404

	Depreciation
	At 1 September 2024	-		9,755		7,383		17,138
	Charge for the year	-		1,325		3,404		4,729
	At 31 August 2025	-		11,080		10,787		21,867

	Net book value
	At 31 August 2025	187,150		6,174		10,213		203,537
	At 31 August 2024	187,150		4,830		13,617		205,597


4	Debtors					2025		2024
£							£

	Trade debtors					70,882		115,095
	Blu UK Holdings Ltd					329,887		322,451
						400,769		437,546


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

	Bank loans and overdrafts					-		739
	Trade creditors					103,366		119,472
	Taxation and social security costs					71,786		68,612
						175,152		188,823


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

	Directors Current Account					329,056		356,954


7	Other information

	Lubetec UK Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Airforce House
	Springwell Road
	Leeds
	West Yorkshire
	LS12 1BH