Company Registration No. 07231754 (England and Wales)
Lowrie Ventures Ltd
Unaudited accounts
for the year ended 31 March 2023
Lowrie Ventures Ltd
Unaudited accounts
Contents
Lowrie Ventures Ltd
Company Information
for the year ended 31 March 2023
Directors
I M Lowrie
A Lowrie
Company Number
07231754 (England and Wales)
Registered Office
14 Wick Hall
Furze Hill
Hove
BN3 1NF
Accountants
LMAC Ltd
14 Wick Hall
Furze Hill
Hove
East Sussex
BN3 1NF
Lowrie Ventures Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
-
2,262
Net current assets
100
2,262
Called up share capital
100
100
Profit and loss account
-
2,162
Shareholders' funds
100
2,262
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 5 November 2023 and were signed on its behalf by
I M Lowrie
Director
Company Registration No. 07231754
Lowrie Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2023
Lowrie Ventures Ltd is a private company, limited by shares, registered in England and Wales, registration number 07231754. The registered office is 14 Wick Hall, Furze Hill, Hove, BN3 1NF.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% on cost
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Lowrie Ventures Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).