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Company Registration No. 04940897 (England and Wales)
B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Unaudited accounts for the year ended 31 March 2023
B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Unaudited accounts Contents
Page
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B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Company Information for the year ended 31 March 2023
Directors
Mr W Lowrey Mr K Lowrey Mr B K Lowrey
Secretary
Alison Haughton
Company Number
04940897 (England and Wales)
Registered Office
High Treets London Road Adlington Cheshire SK10 4NQ
Accountants
Paul Austen Associates Ltd Riverside Mountbatten Way Congleton Cheshire CW12 1DY
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B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
4,500 
Tangible assets
- 
58,395 
- 
62,895 
Current assets
Inventories
- 
23,646 
Debtors
25,738 
339,664 
Cash at bank and in hand
343,787 
348,553 
369,525 
711,863 
Creditors: amounts falling due within one year
(57,372)
(459,738)
Net current assets
312,153 
252,125 
Total assets less current liabilities
312,153 
315,020 
Provisions for liabilities
Deferred tax
- 
(7,531)
Net assets
312,153 
307,489 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
312,053 
307,389 
Shareholders' funds
312,153 
307,489 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by
Mr K Lowrey Director Company Registration No. 04940897
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B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
B & J LOWREY STORAGE AND DISTRIBUTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04940897. The registered office is High Treets, London Road, Adlington, Cheshire, SK10 4NQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
30,000 
Disposals
(30,000)
At 31 March 2023
- 
Amortisation
At 1 April 2022
25,500 
On disposals
(25,500)
At 31 March 2023
- 
Net book value
At 31 March 2023
- 
At 31 March 2022
4,500 
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B & J LOWREY STORAGE AND DISTRIBUTION LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
90,840 
64,060 
553 
17,005 
172,458 
Disposals
(90,840)
(64,060)
(553)
(17,005)
(172,458)
At 31 March 2023
- 
- 
- 
- 
- 
Depreciation
At 1 April 2022
60,710 
35,860 
548 
16,945 
114,063 
On disposals
(60,710)
(35,860)
(548)
(16,945)
(114,063)
At 31 March 2023
- 
- 
- 
- 
- 
Net book value
At 31 March 2023
- 
- 
- 
- 
- 
At 31 March 2022
30,130 
28,200 
5 
60 
58,395 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,614 
13,396 
Trade debtors
3,534 
325,733 
Other debtors
20,590 
535 
25,738 
339,664 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
10,276 
Trade creditors
25,159 
299,078 
Taxes and social security
30,265 
44,274 
Other creditors
1,948 
106,047 
Loans from directors
- 
63 
57,372 
459,738 
8
Average number of employees
During the year the average number of employees was 27 (2022: 29).
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