Company Registration No. 08878899 (England and Wales)
Lewis Farr Limited
Unaudited accounts
for the year ended 28 February 2023
Lewis Farr Limited
Unaudited accounts
Contents
Lewis Farr Limited
Company Information
for the year ended 28 February 2023
Company Number
08878899 (England and Wales)
Registered Office
8 CENTRAL STREET
HALIFAX
HX1 1HU
Accountants
qbx- the quickbooks accountants
South Cottage
Wood Langham
Market Rasen
Lincolnshire
LN8 3QR
Lewis Farr Limited
Statement of financial position
as at 28 February 2023
Tangible assets
18,172
28,057
Cash at bank and in hand
33,005
34,206
Creditors: amounts falling due within one year
(20,140)
(30,440)
Net current assets
21,307
8,586
Total assets less current liabilities
39,479
44,143
Creditors: amounts falling due after more than one year
(36,300)
(41,900)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
2,232
1,036
Shareholders' funds
2,234
1,038
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. 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 29 August 2023 and were signed on its behalf by
G Farr
Director
Company Registration No. 08878899
Lewis Farr Limited
Notes to the Accounts
for the year ended 28 February 2023
Lewis Farr Limited is a private company, limited by shares, registered in England and Wales, registration number 08878899. The registered office is 8 CENTRAL STREET, HALIFAX, HX1 1HU.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Land & buildings
straight line over 8 years
Fixtures & fittings
20% per annum reducing balance
Computer equipment
33% per annum straight line
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
At 28 February 2023
120,000
At 28 February 2023
120,000
Lewis Farr Limited
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
68,149
20,630
656
89,435
At 28 February 2023
68,149
20,630
656
89,435
At 1 March 2022
46,432
14,616
330
61,378
Charge for the year
8,519
1,203
163
9,885
At 28 February 2023
54,951
15,819
493
71,263
At 28 February 2023
13,198
4,811
163
18,172
At 28 February 2022
21,717
6,014
326
28,057
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,770
8,427
Loans from directors
9,808
16,212
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).