Registration number: NI671401

LJTB Limited

(Registration number: NI671401)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	1,022,140	1,226,572
Tangible assets	5	186,525	211,425
Investments	6	193,260	193,260
		1,401,925	1,631,257
Current assets
Stocks	7	185,898	179,189
Debtors	8	1,052,055	1,013,260
Cash at bank and in hand		652,209	466,919
		1,890,162	1,659,368
Creditors: Amounts falling due within one year	9	(1,141,196)	(1,284,411)
Net current assets		748,966	374,957
Total assets less current liabilities		2,150,891	2,006,214
Creditors: Amounts falling due after more than one year	9	(627,740)	(898,275)
Provisions for liabilities		(46,631)	(52,856)
Net assets		1,476,520	1,055,083
Capital and reserves
Called up share capital	11	250,001	250,001
Retained earnings		1,226,519	805,082
Shareholders' funds		1,476,520	1,055,083

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

LJTB Limited

(Registration number: NI671401)
Balance Sheet as at 30 November 2025

Approved and authorised by the director on 3 August 2026
 

......................................... Mr Stephen Burns Director

LJTB Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: Unit 8, 20 Antrim Road, Ballymena, Co. Antrim, BT42 2BJ.

These financial statements were authorised for issue by the director on 3 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

LJTB Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Equipment	20% reducing balance
Fiztures and Fittings	15% reducing balance
Motor Vehicles	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intangible Assets	10% straight line

LJTB Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

LJTB Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 36 (2024 - 32).

4	Intangible assets

	Goodwill and pharmaceutical license  £	Total £
Cost or valuation
At 1 December 2024	2,044,300	2,044,300
At 30 November 2025	2,044,300	2,044,300
Amortisation
At 1 December 2024	817,728	817,728
Amortisation charge	204,432	204,432
At 30 November 2025	1,022,160	1,022,160
Carrying amount
At 30 November 2025	1,022,140	1,022,140
At 30 November 2024	1,226,572	1,226,572

LJTB Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

5	Tangible assets

	Fixtures and Fittings  £	Motor vehicles  £	Plant and Equipment £	Total £
Cost or valuation
At 1 December 2024	42,837	38,146	263,149	344,132
Additions	-	7,000	11,526	18,526
At 30 November 2025	42,837	45,146	274,675	362,658
Depreciation
At 1 December 2024	20,261	16,728	95,718	132,707
Charge for the year	3,388	5,794	34,244	43,426
At 30 November 2025	23,649	22,522	129,962	176,133
Carrying amount
At 30 November 2025	19,188	22,624	144,713	186,525
At 30 November 2024	22,576	21,418	167,431	211,425

6	Investments

	2025 £	2024 £
Investments in subsidiaries	193,260	193,260