0 false false false false false false false false false true false false false false false false No description of principal activity 2022-03-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 09457909 2022-03-01 2023-02-28 09457909 2023-02-28 09457909 2022-02-28 09457909 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 09457909 bus:Director1 2022-03-01 2023-02-28 09457909 core:WithinOneYear 2023-02-28 09457909 core:WithinOneYear 2022-02-28 09457909 core:ShareCapital 2023-02-28 09457909 core:ShareCapital 2022-02-28 09457909 core:RetainedEarningsAccumulatedLosses 2023-02-28 09457909 core:RetainedEarningsAccumulatedLosses 2022-02-28 09457909 bus:SmallEntities 2022-03-01 2023-02-28 09457909 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 09457909 bus:AbridgedAccounts 2022-03-01 2023-02-28 09457909 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 09457909 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 09457909 bus:OrdinaryShareClass1 2023-02-28 09457909 bus:OrdinaryShareClass1 2022-02-28
COMPANY REGISTRATION NUMBER: 09457909
Lowthian Bell Limited
Filleted Unaudited Financial Statements
28 February 2023
Lowthian Bell Limited
Abridged Statement of Financial Position
28 February 2023
2023
2022
Note
£
£
Current assets
Debtors
1,500
1,080
Cash at bank and in hand
36,678
35,689
-------
-------
38,178
36,769
Creditors: amounts falling due within one year
16,698
18,108
-------
-------
Net current assets
21,480
18,661
-------
-------
Total assets less current liabilities
21,480
18,661
-------
-------
Net assets
21,480
18,661
-------
-------
Capital and reserves
Called up share capital
4
1
1
Profit and loss account
21,479
18,660
-------
-------
Shareholder funds
21,480
18,661
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 28 February 2023 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 22 November 2023 , and are signed on behalf of the board by:
Miss R Johnson
Director
Company registration number: 09457909
Lowthian Bell Limited
Notes to the Financial Statements
Year ended 28 February 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Lisgar Terrace, London, W14 8SJ, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
1
1
1
1
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