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
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
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
B & J LOWREY STORAGE AND DISTRIBUTION LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
343,787
348,553
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
Net assets
312,153
307,489
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
B & J LOWREY STORAGE AND DISTRIBUTION LIMITED
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
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
-
-
-
-
-
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
-
-
-
-
-
At 31 March 2023
-
-
-
-
-
At 31 March 2022
30,130
28,200
5
60
58,395
Amounts falling due within one year
Trade debtors
3,534
325,733
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
8
Average number of employees
During the year the average number of employees was 27 (2022: 29).