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REGISTERED NUMBER: 04590915 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 SEPTEMBER 2021 TO 28 FEBRUARY 2023

FOR

LAWSON FREIGHT LINE LIMITED

LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAWSON FREIGHT LINE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2021 TO 28 FEBRUARY 2023







DIRECTORS: I E Lawson
Mrs JM Lawson





SECRETARY: Mrs JM Lawson





REGISTERED OFFICE: 88 Janson Road
Shirley
Southampton
Hampshire
SO15 5GU





REGISTERED NUMBER: 04590915 (England and Wales)





ACCOUNTANTS: Romsey Accountants GDT Limited
Unit 3, Shelley Farm
Shelley Lane
Ower
Romsey
Hampshire
SO51 6AS

LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 31.8.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 2,676

CURRENT ASSETS
Stocks - 162
Debtors 5 - 2,593
Cash at bank 1,398 15,026
1,398 17,781
CREDITORS
Amounts falling due within one year 6 (357 ) 8,831
NET CURRENT ASSETS 1,755 8,950
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,755

11,626

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,655 11,526
SHAREHOLDERS' FUNDS 1,755 11,626

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 12 October 2023 and were signed on its behalf by:




I E Lawson - Director



Mrs JM Lawson - Director


LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2021 TO 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Lawson Freight Line 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2021 TO 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Debtors
Short term debtors are measured at transaction price (which is usually invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually invoice price). Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 September 2021 18,080 4,725 22,805
Disposals (18,080 ) (4,725 ) (22,805 )
At 28 February 2023 - - -
DEPRECIATION
At 1 September 2021 15,637 4,492 20,129
Eliminated on disposal (15,637 ) (4,492 ) (20,129 )
At 28 February 2023 - - -
NET BOOK VALUE
At 28 February 2023 - - -
At 31 August 2021 2,443 233 2,676

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.8.21
£    £   
Trade debtors - 1,695
Prepayments - 898
- 2,593

LAWSON FREIGHT LINE LIMITED (REGISTERED NUMBER: 04590915)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2021 TO 28 FEBRUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.8.21
£    £   
Corporation tax (1,378 ) 70
VAT 80 860
Directors' current accounts 941 7,901
(357 ) 8,831

7. RELATED PARTY DISCLOSURES

The company was under the joint control of Mr I E Lawson and Mrs J Lawson throughout the current and previous periods. Mr I E Lawson and Mrs J Lawson are both directors and shareholders.