LABRUM LONDON LTD


Director	Foday Dumbuya


Registered Address	C/O Starbridge (National)
	320 City Road
	London
	EC1V 2NZ


Registered Number	10395001 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		6,708		-
			6,708		-
Current assets
Stocks	4	89,439		-
Debtors	5	58,377		-
Cash at bank and on hand		6,878		24,487
		154,694		24,487
Creditors amounts falling due within one year	6	(182,127)		(118,649)
Net current assets (liabilities)			(27,433)		(94,162)
Total assets less current liabilities			(20,725)		(94,162)
Creditors amounts falling due after one year	7		(86,037)		(104,220)
Net assets			(106,762)		(198,382)
Capital and reserves
Called up share capital			50,000		50,000
Profit and loss account			(156,762)		(248,382)
Shareholders' funds			(106,762)		(198,382)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 October 2026, and are signed on its behalf by:

Foday Dumbuya
Director
Registered Company No. 10395001

LABRUM LONDON LTD

Notes to the Financial Statements
for the year ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover is measured at the fair value of the consideration received or receivable, and net of discounts. Turnover includes revenue earned from sale of goods. Turnover is reduced for estimated customer returns, rebates, and other similar allowances. Turnover from the sale of goods recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Revenue from sale of goods

Turnover is measured at the fair value of the consideration received or receivable, and net of discounts. Turnover includes revenue earned from sale of goods. Turnover is reduced for estimated customer returns, rebates, and other similar allowances.
 
Turnover from the sale of goods recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		1

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
Additions	7,860	7,860
At 30 September 25	7,860	7,860
Depreciation and impairment
Charge for year	1,152	1,152
At 30 September 25	1,152	1,152
Net book value
At 30 September 25	6,708	6,708
At 30 September 24	-	-

4.	Stocks

	2025	2024
	£	£
Finished goods	89,439	-
Total	89,439	-

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	11,763	-
Other debtors	46,614	-
Total	58,377	-

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	182,127	98,179
Other creditors	-	20,470
Total	182,127	118,649

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	86,037	104,220
Total	86,037	104,220