12 false false false false false false false false false true false false false false false false No description of principal activity 2021-12-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1,733 1,733 xbrli:pure xbrli:shares iso4217:GBP 09864240 2021-12-01 2022-11-30 09864240 2022-11-30 09864240 2021-11-30 09864240 2020-12-01 2021-11-30 09864240 2021-11-30 09864240 core:NetGoodwill 2021-12-01 2022-11-30 09864240 core:PlantMachinery 2021-12-01 2022-11-30 09864240 core:FurnitureFittings 2021-12-01 2022-11-30 09864240 bus:RegisteredOffice 2021-12-01 2022-11-30 09864240 bus:LeadAgentIfApplicable 2021-12-01 2022-11-30 09864240 bus:Director1 2021-12-01 2022-11-30 09864240 core:NetGoodwill 2022-11-30 09864240 core:PlantMachinery 2021-11-30 09864240 core:FurnitureFittings 2021-11-30 09864240 core:PlantMachinery 2022-11-30 09864240 core:FurnitureFittings 2022-11-30 09864240 core:WithinOneYear 2022-11-30 09864240 core:WithinOneYear 2021-11-30 09864240 core:AfterOneYear 2022-11-30 09864240 core:AfterOneYear 2021-11-30 09864240 core:ShareCapital 2022-11-30 09864240 core:ShareCapital 2021-11-30 09864240 core:RetainedEarningsAccumulatedLosses 2022-11-30 09864240 core:RetainedEarningsAccumulatedLosses 2021-11-30 09864240 core:PlantMachinery 2021-11-30 09864240 core:FurnitureFittings 2021-11-30 09864240 bus:SmallEntities 2021-12-01 2022-11-30 09864240 bus:AuditExemptWithAccountantsReport 2021-12-01 2022-11-30 09864240 bus:FullAccounts 2021-12-01 2022-11-30 09864240 bus:SmallCompaniesRegimeForAccounts 2021-12-01 2022-11-30 09864240 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30
COMPANY REGISTRATION NUMBER: 09864240
Lewlew Limited
Filleted Unaudited Financial Statements
30 November 2022
Lewlew Limited
Financial Statements
Year ended 30 November 2022
Contents
Page
Officers and professional advisers
1
Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
5
Lewlew Limited
Officers and Professional Advisers
Director
T Katz
Registered office
82 Walton Road
Bushey
Herts
WD23 2FE
Accountants
Complete Accounting Solutions
Chartered Certified Accountants
727-729 High Road
London
N12 0BP
Lewlew Limited
Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Lewlew Limited
Year ended 30 November 2022
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 November 2022, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Complete Accounting Solutions Chartered Certified Accountants
727-729 High Road London N12 0BP
28 November 2023
Lewlew Limited
Statement of Financial Position
30 November 2022
2022
2021
Note
£
£
Fixed assets
Tangible assets
6
7,977
12,343
Current assets
Debtors
7
37,356
29,448
Cash at bank and in hand
48,509
41,103
--------
--------
85,865
70,551
Creditors: amounts falling due within one year
8
149,990
118,815
---------
---------
Net current liabilities
64,125
48,264
--------
--------
Total assets less current liabilities
( 56,148)
( 35,921)
Creditors: amounts falling due after more than one year
9
36,414
41,482
--------
--------
Net liabilities
( 92,562)
( 77,403)
--------
--------
Capital and reserves
Called up share capital
10
10
Profit and loss account
( 92,572)
( 77,413)
--------
--------
Shareholders funds
( 92,562)
( 77,403)
--------
--------
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 statement of comprehensive income has not been delivered.
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have 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 .
Lewlew Limited
Statement of Financial Position (continued)
30 November 2022
These financial statements were approved by the board of directors and authorised for issue on 28 November 2023 , and are signed on behalf of the board by:
T Katz
Director
Company registration number: 09864240
Lewlew Limited
Notes to the Financial Statements
Year ended 30 November 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 82 Walton Road, Bushey, Herts, WD23 2FE.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
In my opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which I believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular I believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.
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.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
20% straight line
Fixtures & Fittings
-
20% straight line
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 12 (2021: 11 ).
5. Intangible assets
Goodwill
£
Cost
At 1 December 2021 and 30 November 2022
1,733
-------
Amortisation
At 1 December 2021 and 30 November 2022
1,733
-------
Carrying amount
At 30 November 2022
-------
At 30 November 2021
-------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 December 2021 and 30 November 2022
6,093
25,606
31,699
-------
--------
--------
Depreciation
At 1 December 2021
3,806
15,550
19,356
Charge for the year
843
3,523
4,366
-------
--------
--------
At 30 November 2022
4,649
19,073
23,722
-------
--------
--------
Carrying amount
At 30 November 2022
1,444
6,533
7,977
-------
--------
--------
At 30 November 2021
2,287
10,056
12,343
-------
--------
--------
7. Debtors
2022
2021
£
£
Trade debtors
3,757
3,232
Other debtors
33,599
26,216
--------
--------
37,356
29,448
--------
--------
8. Creditors: amounts falling due within one year
2022
2021
£
£
Bank loans
6,223
6,223
Trade creditors
1,301
1,662
Social security and other taxes
23,925
11,613
Other creditors
118,541
99,317
---------
---------
149,990
118,815
---------
---------
9. Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans
36,414
41,482
--------
--------