The Lubina Kitchen Company Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 2980234

The Lubina Kitchen Company Limited

Filleted Unaudited Financial Statements

For the Year Ended

31 October 2025

The Lubina Kitchen Company Limited

Statement of Financial Position

31 October 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5		161,845	6,298

Current Assets

Stocks		290,648	270,411
Debtors	6	440,334	382,915
Cash at bank and in hand		154,012	370,265
		---------	------------
		884,994	1,023,591

Creditors: amounts falling due within one year	7	516,079		404,491
		---------		------------
Net Current Assets			368,915	619,100
			---------	---------
Total Assets Less Current Liabilities			530,760	625,398

Creditors: amounts falling due after more than one year	8	92,863	6,177
		---------	---------
Net Assets		437,897	619,221
		---------	---------

Capital and Reserves

Called up share capital	5,000	5,000
Profit and loss account	432,897	614,221
	---------	---------
Shareholders Funds	437,897	619,221
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st October 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 financial statements for the year in question in accordance with section 476 ;

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

The Lubina Kitchen Company Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 7 July 2026 , and are signed on behalf of the board by:

M. H. Rose	Mrs D.A. Rose
Director	Director

Miss E Rose
Director

Company registration number: 2980234

The Lubina Kitchen Company Limited

Notes to the Financial Statements

Year Ended 31st October 2025

1. General Information

The company is a private company limited by shares, registered in Engalnd & Wales. The address of the registered office is Unit 1 Easter Park, Axial Way, Colchester, Essex, CO4 5WY.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Tenant improvements	-	10% straight line
Plant & machinery	-	20% straight line
Motor vehicles	-	20% straight line
Office equipment	-	20% straight line

Impairment of Fixed Assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance Leases and Hire Purchase Contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 22 (2024: 22 ).

5. Tangible Assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1st November 2024	156,534	400,582	145,604	80,064	782,784
Additions	–	123,936	45,823	–	169,759
Disposals	–	–	( 31,209)	–	( 31,209)
	---------	---------	---------	--------	---------
At 31st October 2025	156,534	524,518	160,218	80,064	921,334
	---------	---------	---------	--------	---------
Depreciation
At 1st November 2024	156,534	400,582	139,306	80,064	776,486
Charge for the year	–	6,196	8,017	–	14,213
Disposals	–	–	( 31,210)	–	( 31,210)
	---------	---------	---------	--------	---------
At 31st October 2025	156,534	406,778	116,113	80,064	759,489
	---------	---------	---------	--------	---------
Carrying amount
At 31st October 2025	–	117,740	44,105	–	161,845
	---------	---------	---------	--------	---------
At 31st October 2024	–	–	6,298	–	6,298
	---------	---------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	288,296	228,334
Other debtors	152,038	154,581
	---------	---------
	440,334	382,915
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	12,381	10,648
Trade creditors	389,400	325,206
Social security and other taxes	67,106	54,452
Other creditors	47,192	14,185
	---------	---------
	516,079	404,491
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	92,863	6,177
	--------	-------