Lurot Brand (2) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02035540 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Lurot Brand (2) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K S Lurot

Mrs P Lurot

SECRETARY:

J Arwas

REGISTERED OFFICE:

37-41 Sussex Place

Paddington

London

W2 2TH

REGISTERED NUMBER:

02035540 (England and Wales)

ACCOUNTANTS:

Latham Lambourne Ltd

18 Woodlands Park

Bexley

Kent

DA5 2EL

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

26,006

36,334

Investments

6

286

26,292

36,620

CURRENT ASSETS

Debtors

7

91,891

155,610

Cash at bank

204,551

83,971

296,442

239,581

CREDITORS

Amounts falling due within one year

8

177,274

162,100

NET CURRENT ASSETS

119,168

77,481

TOTAL ASSETS LESS CURRENT
LIABILITIES

145,460

114,101

CREDITORS

Amounts falling due after more than one year

9

(73,426

)

(77,590

)

PROVISIONS FOR LIABILITIES

(73

)

(73

)

NET ASSETS

71,961

36,438

CAPITAL AND RESERVES

Called up share capital

898

Retained earnings

71,063

35,540

SHAREHOLDERS' FUNDS

71,961

36,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

Mrs P Lurot - Director

1.	STATUTORY INFORMATION

Lurot Brand (2) 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced commission on sales, valuation and other fees, excluding value added tax.

Goodwill

Goodwill has been fully amortised in previous years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

at varying rates on cost

Plant and machinery etc

-

33% on reducing balance and in accordance with the property

In the opinion of the director's the leasehold properties are consistently maintained to a high standard and the properties will appreciate in value for a number of years. Depreciation has, however, been included as required by FRS102

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.

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.

Consolidation

The company and it's subsidiary company comprise a small group. The company has therefore taken advantage of the exemption provided by Section 248 of the Companies Act 1985 not to prepare group accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

660

AMORTISATION

At 1 January 2025

and 31 December 2025

660

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

98,455

228,549

327,004

Additions

-

3,977

Disposals

(9,000

)

(37,249

)

(46,249

)

At 31 December 2025

89,455

195,277

284,732

DEPRECIATION

At 1 January 2025

94,155

196,515

290,670

Charge for year

1,003

6,986

7,989

Eliminated on disposal

(8,228

)

(31,705

)

(39,933

)

At 31 December 2025

86,930

171,796

258,726

NET BOOK VALUE

At 31 December 2025

2,525

23,481

26,006

At 31 December 2024

4,300

32,034

36,334

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

and 31 December 2025

286

NET BOOK VALUE

At 31 December 2025

286

At 31 December 2024

286

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Cost

286

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

65,121

109,500

Other debtors

26,770

46,110

91,891

155,610

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

4,416

10,648

Trade creditors

28,825

21,152

Taxation and social security

82,163

83,566

Other creditors

61,870

46,734

177,274

162,100

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

Bank loans

-

4,164

Amounts owed to group undertakings

73,426

77,590

10.	OTHER FINANCIAL COMMITMENTS

The company has entered in to various leases for properties, ending (but renewable) at various intervals ranging from one year to ten years from the year end. The total commitment for next year is £44,250 with a minimum payable for the next following year of £44.250. A minimum of a total of £270,000 is payable from then to the end of the lease terms.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

Mrs K S Lurot

Balance outstanding at start of year

8,629

Amounts repaid

-

Amounts written off

(8,629

)

-

Amounts waived

-

Balance outstanding at end of year

-

8,629

12.	RELATED PARTY DISCLOSURES

The company is controlled by the directors by virtue of their shareholdings in the company.

No single director, or other party, has a controlling interest.