LUC (UK) Limited

	Page
Company Information	1
Abridged Balance Sheet	2—3
Notes to the Abridged Financial Statements	4—6

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LUC (UK) Limited

Abridged Balance Sheet

As At 31 December 2025

Abridged Balance Sheet

Registered number: 05701905

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		724,099		722,661

			724,099		722,661
CURRENT ASSETS
Stocks		102,024		167,867
Debtors		803,498		648,165
Cash at bank and in hand		61,299		52,805

		966,821		868,837
Creditors: Amounts Falling Due Within One Year		(248,470 )		(257,951 )

NET CURRENT ASSETS (LIABILITIES)			718,351		610,886

TOTAL ASSETS LESS CURRENT LIABILITIES			1,442,450		1,333,547

PROVISIONS FOR LIABILITIES
Deferred Taxation			(31,472 )		(25,610 )

NET ASSETS			1,410,978		1,307,937

CAPITAL AND RESERVES
Called up share capital	5		250,002		250,002
Profit and Loss Account			1,160,976		1,057,935

SHAREHOLDERS' FUNDS			1,410,978		1,307,937

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LUC (UK) Limited

Abridged Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Ms S A L M Krutzen Winkens Director	Mr C H M Krutzen Director
20 April 2026

The notes on pages 4 to 6 form part of these financial statements.

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LUC (UK) Limited

Notes to the Abridged Financial Statements

For The Year Ended 31 December 2025

Notes to the Abridged Financial Statements

1. General Information

LUC (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05701905 . The registered office is Goat Mill Road, Dowlais, Merthyr Tydfil, CF48 3TD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% Straight line
Plant & Machinery	10% Straight line
Motor Vehicles	25% Straight line
Fixtures & Fittings	10% Straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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LUC (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 12)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2025	1,680,403
Additions	48,999

As at 31 December 2025	1,729,402

Depreciation
As at 1 January 2025	957,742
Provided during the period	47,561

As at 31 December 2025	1,005,303

Net Book Value
As at 31 December 2025	724,099

As at 1 January 2025	722,661

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	250,002	250,002

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LUC (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

6. Related Party Transactions

Summary of transaction with parent

Globaluc BV is the holding company of LUC (UK) Limited holding 100% of the called up share capital.

Summary of transcations with other related parties

Other related parties comprise entities under commom control and ownership:

Interluc BV provides the company with a facility to draw from to support day to day working capital requirements. Interest is paid to Interluc BV at a rate of 1% on an annual basis based on the amount drawn by LUC (UK) Limited.

LUC (UK) Limited sold and purchased goods from these related parties throughout the year. The related party companies also provide a facility for LUC (UK) Limited to draw against to support the day to day working capital requirements. Interest is paid to these related parties at a rate of 1% on an annual basis based on the amount drawn by LUC (UK) Limited.

During the year, the company purchased goods to the value of £192,172 (2024:£235,853)

At the balance sheet date the amount due from/(to) the related parties was £258,332 (2024:(£27,291))

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Directors	Ms S A L M Krutzen Winkens
	Mr C H M Krutzen

Secretary	Mr A J M Huisman

Company Number	05701905

Registered Office	Goat Mill Road
	Dowlais
	Merthyr Tydfil
	CF48 3TD

Accountants	HSJ Accountants Ltd
	Severn House
	Hazell Drive
	Newport
	NP10 8FY