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REGISTERED NUMBER: 08421938 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Lawrence Warren Limited

Lawrence Warren Limited (Registered number: 08421938)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lawrence Warren Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr H Baum
Mrs R Baum





REGISTERED OFFICE: Unit C2a
The Marlowes Centre
Hemel Hempstead
Hertfordshire
HP1 1DX





REGISTERED NUMBER: 08421938 (England and Wales)





ACCOUNTANTS: Astons Accountants
Chartered Certified Accountants
19-21 Manor Road
Caddington
Bedfordshire
LU1 4EE

Lawrence Warren Limited (Registered number: 08421938)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,000 2,000
Tangible assets 5 646 998
1,646 2,998

CURRENT ASSETS
Stocks 6 52,863 53,908
Cash at bank 44,231 31,073
97,094 84,981
CREDITORS
Amounts falling due within one year 7 24,369 15,982
NET CURRENT ASSETS 72,725 68,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,371

71,997

CAPITAL AND RESERVES
Called up share capital 100 1
Retained earnings 74,271 71,996
SHAREHOLDERS' FUNDS 74,371 71,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2023 and were signed on its behalf by:




Mr H Baum - Director


Lawrence Warren Limited (Registered number: 08421938)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Lawrence Warren Limited (Registered number: 08421938)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 10,000
AMORTISATION
At 1 March 2022 8,000
Amortisation for year 1,000
At 28 February 2023 9,000
NET BOOK VALUE
At 28 February 2023 1,000
At 28 February 2022 2,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 3,345 1,545 4,890
DEPRECIATION
At 1 March 2022 3,345 547 3,892
Charge for year - 352 352
At 28 February 2023 3,345 899 4,244
NET BOOK VALUE
At 28 February 2023 - 646 646
At 28 February 2022 - 998 998

6. STOCKS
28.2.23 28.2.22
£    £   
Stocks 52,863 53,908

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors - 480
Tax 17,952 9,073
Social security and other taxes 68 388
NEST Pensions 104 67
VAT 4,315 4,290
Directors' current accounts - 4
Accrued expenses 1,930 1,680
24,369 15,982