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REGISTERED NUMBER: 07198860 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Lawson Business Limited

Lawson Business Limited (Registered number: 07198860)






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


Lawson Business Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Dr E Lawson
Mrs M Lawson





SECRETARY: Mrs M Lawson





REGISTERED OFFICE: City, Chartered Accountants
Suite 540, Linen Hall
162-168 Regent Street
London
W1B 5TF





REGISTERED NUMBER: 07198860 (England and Wales)





ACCOUNTANTS: City, Chartered Accountants
Suite 540, 5th Floor,
Linen Hall
162- 168 Regent Street
London
W1B 5TF

Lawson Business Limited (Registered number: 07198860)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 517 1,770

CURRENT ASSETS
Debtors 5 171,513 152,602

CREDITORS
Amounts falling due within one year 6 (140,003 ) (117,555 )
NET CURRENT ASSETS 31,510 35,047
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,027

36,817

CREDITORS
Amounts falling due after more than one
year

7

(31,835

)

(36,667

)
NET ASSETS 192 150

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 92 50
SHAREHOLDERS' FUNDS 192 150

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.

Lawson Business Limited (Registered number: 07198860)

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 31 January 2024 and were signed on its behalf by:





Dr E Lawson - Director


Lawson Business Limited (Registered number: 07198860)

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

1. STATUTORY INFORMATION

Lawson Business 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 etc - 20% on cost

Taxation
Taxation for the year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Lawson Business Limited (Registered number: 07198860)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 7,284
Additions 264
At 31 March 2023 7,548
DEPRECIATION
At 1 April 2022 5,514
Charge for year 1,517
At 31 March 2023 7,031
NET BOOK VALUE
At 31 March 2023 517
At 31 March 2022 1,770

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 20,000 34,399
Other debtors 151,513 118,203
171,513 152,602

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 13,683 11,553
Trade creditors 3,762 3,756
Taxation and social security 118,297 98,189
Other creditors 4,261 4,057
140,003 117,555

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 31,835 36,667

Lawson Business Limited (Registered number: 07198860)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

In May 2020, the Company took advantage of a Bounce Back loan of £50,000 from HSBC. The loan is 100% backed by HM Government as part of their response to the Covid-19 pandemic. Repayments started in December 2021 and are payable by installments over a five year period.

8. RELATED PARTY DISCLOSURES

At the year end the Directors owed the Company £151,513 (2022 - £118,203).