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REGISTERED NUMBER: 01984914 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

M Lewis Contract Limited

M Lewis Contract Limited (Registered number: 01984914)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M Lewis Contract Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M P Lewis
L J Lewis
R M Lewis





SECRETARY: M P Lewis





REGISTERED OFFICE: 21 Church Road
Parkstone
Poole
Dorset
BH14 8UF





BUSINESS ADDRESS: 105 Downs Park Avenue
Totton
Southampton
Hampshire
SO40 9GW





REGISTERED NUMBER: 01984914 (England and Wales)





ACCOUNTANTS: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

M Lewis Contract Limited (Registered number: 01984914)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 324,776 335,295
Investment property 5 400,452 220,000
725,228 555,295

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 111,002 32,317
Cash at bank 81,022 253,771
195,024 289,088
CREDITORS
Amounts falling due within one year 7 96,303 93,817
NET CURRENT ASSETS 98,721 195,271
TOTAL ASSETS LESS CURRENT
LIABILITIES

823,949

750,566

CREDITORS
Amounts falling due after more than one
year

8

(23,333

)

(33,333

)

PROVISIONS FOR LIABILITIES (14,035 ) (24,538 )
NET ASSETS 786,581 692,695

CAPITAL AND RESERVES
Called up share capital 53 53
Retained earnings 786,528 692,642
SHAREHOLDERS' FUNDS 786,581 692,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

M Lewis Contract Limited (Registered number: 01984914)

Balance Sheet - continued
31 March 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 16 November 2023 and were signed on its behalf by:





M P Lewis - Director


M Lewis Contract Limited (Registered number: 01984914)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

M Lewis Contract 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.
Land and buildings - Not provided
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and Not provided

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2022 - 3 ) .

M Lewis Contract Limited (Registered number: 01984914)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 213,342 189,944 403,286
Additions - 8,053 8,053
Disposals - (12,536 ) (12,536 )
At 31 March 2023 213,342 185,461 398,803
DEPRECIATION
At 1 April 2022 - 67,991 67,991
Charge for year - 17,069 17,069
Eliminated on disposal - (11,033 ) (11,033 )
At 31 March 2023 - 74,027 74,027
NET BOOK VALUE
At 31 March 2023 213,342 111,434 324,776
At 31 March 2022 213,342 121,953 335,295

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 220,000
Additions 400,452
Disposals (220,000 )
At 31 March 2023 400,452
NET BOOK VALUE
At 31 March 2023 400,452
At 31 March 2022 220,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 30,808 21,146
Other debtors 80,194 11,171
111,002 32,317

M Lewis Contract Limited (Registered number: 01984914)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 25,780 16,799
Taxation and social security 57,373 62,179
Other creditors 3,150 4,839
96,303 93,817

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 23,333 33,333