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Draft
Lowes Heating Company Limited
Registered Number:12416762
For the year ended 31 January 2023
England and Wales
Report of the Director and Unaudited Financial Statements
2
Draft
For the year ended 31 January 2023
Lowes Heating Company Limited
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Other Comprehensive Income
6
Statement of Financial Position
7
Notes to the Financial Statements
3
Draft
For the year ended 31 January 2023
Lowes Heating Company Limited
Company Information
Mr Andrew Lowe
Director
12416762
Registered Number
21 Wayside Grove
Registered Office
London
England
SE9 4ND
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Draft
For the year ended 31 January 2023
Lowes Heating Company Limited
Director's Report
The director presents his report and financial statements for the year ended 31 January 2023.
Principal activities
The principal activity of the company continued to be that of
Director
The director who served the company throughout the year was as follows:
Mr Andrew Lowe
Mr Andrew Lowe
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
20 June 2023
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For the year ended 31 January 2023
Lowes Heating Company Limited
Independent Accountants' Report
There are no Accountants in this set of Client Accounts. Either remove the page or add accountants to the accounts.
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6
Draft
For the year ended 31 January 2023
Lowes Heating Company Limited
Income Statement
2022
£
2023
£
Turnover
279,252
393,382
(285,147)
Cost of sales
(208,815)
108,235
Gross profit
70,437
Distribution costs
(12,647)
(12,299)
Administrative expenses
(36,418)
(36,977)
21,372
58,959
Operating profit
21,372
58,959
Interest payable and similar charges
(2,799)
(449)
18,573
58,510
Profit before taxation
(3,503)
(10,566)
Taxation
15,070
Profit for the financial year
47,944
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For the year ended 31 January 2023
Lowes Heating Company Limited
Other Comprehensive Income
2023
2022
£
£
15,070
47,944
Profit for the financial year
Total comprehensive income since last annual report
15,070
47,944
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Draft
Registered Number :
12416762
As at 31 January 2023
Lowes Heating Company Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,931
3,908
2,931
3,908
Current assets
Trade and other receivables
60,714
58,284
2
50
Cash and cash equivalents
50
58,334
60,764
Trade and other payables: amounts falling due within one
year
(55,000)
(49,782)
3
5,764
8,552
Net current assets
Total assets less current liabilities
11,483
9,672
Trade and other payables: amounts falling due after more
than one year
(1,499)
(2,240)
4
9,243
Net assets
8,173
Capital and reserves
Called up share capital
2
2
Retained earnings
9,241
8,171
9,243
8,173
Shareholders' funds
For the year ended 31 January 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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 in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Andrew Lowe
These financial statements were approved and authorised for issue by the Board on 20 June 2023 and were signed by:
The notes form part of these financial statements
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For the year ended 31 January 2023
Lowes Heating Company Limited
Notes to the Financial Statements
Statutory Information
Lowes Heating Company Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12416762.
Registered address:
21 Wayside Grove
London
England
SE9 4ND
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
58,284
60,714
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
3,503
10,566
Other creditors
46,279
44,434
49,782
55,000
4. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
2,240
1,499
5. Average number of persons employed
During the year the average number of employees was 0
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