Luba Care Cyf - Filleted accounts

Registered number

14040635

Luba Care Cyf

Unaudited Filleted Accounts

30 April 2026

Luba Care Cyf
Registered number:		14040635
Balance Sheet
as at 30 April 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		39,434			24,506

Current assets
Debtors	4	145,699			59,324
Cash at bank and in hand		157			12,727
		145,856			72,051

Creditors: amounts falling due within one year	5	(79,519)			(44,343)

Net current assets			66,337			27,708

Total assets less current liabilities			105,771			52,214

Creditors: amounts falling due after more than one year	6		(6,965)			(23,171)

Provisions for liabilities			(3,462)			(368)


Net assets			95,344			28,675

Capital and reserves
Called up share capital			200			100
Profit and loss account			95,144			28,575

Shareholders' funds			95,344			28,675

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mihlayifani Sibanda
Director
Approved by the board on 19 October 2026

Luba Care Cyf
Notes to the Accounts
for the year ended 30 April 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Computer equipment			over 3 years
	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					12		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2025	6,111		26,756		5,000		37,867
	Additions	927		25,523		2,118		28,568
	Disposals	(316)		-		-		(316)
	At 30 April 2026	6,722		52,279		7,118		66,119

	Depreciation
	At 1 May 2025	4,187		7,924		1,250		13,361
	Charge for the year	1,611		10,456		1,467		13,534
	On disposals	(210)		-		-		(210)
	At 30 April 2026	5,588		18,380		2,717		26,685

	Net book value
	At 30 April 2026	1,134		33,899		4,401		39,434
	At 30 April 2025	1,924		18,832		3,750		24,506


4	Debtors					2026		2025
£							£

	Trade debtors					55,603		55,603
	Intercompany loan debtor					86,058		-
	Other debtors					4,038		3,721
						145,699		59,324


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					19,094		17,635
	Trade creditors					110		-
	Taxation and social security costs					50,338		9,123
	Other creditors					9,977		17,585
						79,519		44,343


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					6,965		23,171


7	Related party transactions

	The company rents 59 Balmoral Road and 8 Beechwood Road from Isalyn Property Cyf, which is owned by the Shareholders of Luba Care Cyf. The properties are rented at full commercial rates.
	During the year, the company issued a loan to Isalyn Property Cyf, a company controlled by Mihlayifani Sibanda and Jane Sibanda, who are also the Shareholders and Directors of Luba Care Cyf. Interest of 6.72% is payable annually in arrears. As at 30th April 2026 the amount due from Isalyn Property Cyf was £86,057.80.

8	Bank loan charge

	A charge over the assets and property of Luba Care Cyf is held by DBW Investments (10) Ltd in relation to the Bank Loan taken out by the company.

9	Transactions with Directors

	During the year the directors used current accounts with the company to record amounts due to them and amounts drawn by them. The accounts show an amount owing back to the directors as at 30th April 2026 of £102.38 (2025: £14,200.86). The amount is repayable on demand and carries interest.

10	Controlling party

	Mihlayifani Sibanda and Jane Sibanda each hold 50% of the shareholding and they jointly manage the day to day running of the company, they are both therefore the controlling party of Luba Care Cyf.

11	Other information

	Luba Care Cyf is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	The Old Bank
	Beaufort Street
	Crickhowell
	Powys
	NP8 1AD