REGISTERED NUMBER: 07986087 (England and Wales)

LOUVI LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr P Papadopoulos

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

07986087 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Tangible assets

4

157,117

146,329

CURRENT ASSETS

Debtors

5

62,760

52,402

CREDITORS

Amounts falling due within one year

6

177,474

170,499

NET CURRENT LIABILITIES

(114,714

)

(118,097

)

TOTAL ASSETS LESS CURRENT LIABILITIES

42,403

28,232

CREDITORS

Amounts falling due after more than one year

7

45,814

51,698

NET LIABILITIES

(3,411

)

(23,466

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(3,511

)

(23,566

)

SHAREHOLDERS' FUNDS

(3,411

)

(23,466

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 March 2026 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.

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 28 May 2026 and were signed by:

Mr P Papadopoulos - Director

1.	STATUTORY INFORMATION

Louvi 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.

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures & fittings

-

25% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Fixtures

Motor

Computer

machinery

& fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 30 March 2025

15,000

6,894

251,550

1,894

275,338

Additions

-

-

39,000

-

39,000

At 29 March 2026

15,000

6,894

290,550

1,894

314,338

DEPRECIATION

At 30 March 2025

4,906

6,075

117,082

946

129,009

Charge for year

1,514

205

26,020

473

28,212

At 29 March 2026

6,420

6,280

143,102

1,419

157,221

NET BOOK VALUE

At 29 March 2026

8,580

614

147,448

475

157,117

At 29 March 2025

10,094

819

134,468

948

146,329

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 30 March 2025

227,300

Additions

39,000

At 29 March 2026

266,300

DEPRECIATION

At 30 March 2025

102,013

Charge for year

24,643

At 29 March 2026

126,656

NET BOOK VALUE

At 29 March 2026

139,644

At 29 March 2025

125,287

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.26

29.3.25

£

£

Trade debtors

62,737

52,379

Tax

23

23

62,760

52,402

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.3.26

29.3.25

£

£

Bank loans and overdrafts (see note 8)

19,700

25,536

Other loans (see note 8)

15,919

-

Hire purchase contracts

36,624

43,017

Trade creditors

1,446

1,446

Social security and other taxes

2,515

2,073

VAT

20,988

18,263

Other creditors

42,246

474

Capitalontap

-

35,535

Pension liability

264

-

Directors' current accounts

34,372

42,555

Accrued expenses

3,400

1,600

177,474

170,499

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.3.26

29.3.25

£

£

Bank loans (see note 8)

-

1,026

Hire purchase contracts

45,814

50,672

45,814

51,698

8.

LOANS

An analysis of the maturity of loans is given below:

29.3.26

29.3.25

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

18,450

20,312

Bank loans

1,250

5,224

Other loans

15,919

-

35,619

25,536

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

1,026

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.3.26

29.3.25

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 30 March 2025

(23,566

)

Profit for the year

20,055

At 29 March 2026

(3,511

)

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Papadopoulos.