IRIS Accounts Production v23.3.1.45 08479502 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084795022022-09-30084795022023-09-30084795022022-10-012023-09-30084795022021-09-30084795022021-10-012022-09-30084795022022-09-3008479502ns10:Originalns15:EnglandWales2022-10-012023-09-3008479502ns14:PoundSterlingns10:Original2022-10-012023-09-3008479502ns10:Originalns10:Director12022-10-012023-09-3008479502ns10:Original2022-10-012023-09-3008479502ns10:Original2023-09-3008479502ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3008479502ns10:Originalns10:SmallEntities2022-10-012023-09-3008479502ns10:Originalns10:AuditExemptWithAccountantsReport2022-10-012023-09-3008479502ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3008479502ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3008479502ns10:Originalns10:FullAccounts2022-10-012023-09-3008479502ns10:Original12022-10-012023-09-3008479502ns10:Originalns10:OrdinaryShareClass12022-10-012023-09-3008479502ns10:Originalns10:Director22022-10-012023-09-3008479502ns10:CompanySecretary1ns10:Original2022-10-012023-09-3008479502ns10:Originalns10:RegisteredOffice2022-10-012023-09-3008479502ns10:Original2022-09-3008479502ns10:Originalns5:CurrentFinancialInstruments2023-09-3008479502ns10:Originalns5:CurrentFinancialInstruments2022-09-3008479502ns10:Originalns5:Non-currentFinancialInstruments2023-09-3008479502ns10:Originalns5:Non-currentFinancialInstruments2022-09-3008479502ns5:ShareCapitalns10:Original2023-09-3008479502ns5:ShareCapitalns10:Original2022-09-3008479502ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3008479502ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3008479502ns10:Originalns5:NetGoodwill2022-10-012023-09-3008479502ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-10-012023-09-3008479502ns10:Originalns5:PlantMachinery2022-10-012023-09-3008479502ns10:Original2021-10-012022-09-3008479502ns10:Originalns5:NetGoodwill2022-09-3008479502ns10:Originalns5:NetGoodwill2023-09-3008479502ns10:Originalns5:NetGoodwill2022-09-3008479502ns10:Originalns5:PlantMachinery2022-09-3008479502ns10:Originalns5:PlantMachinery2023-09-3008479502ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3008479502ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3008479502ns10:Originalns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 08479502 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LEWIS WIRE LIMITED

LEWIS WIRE LIMITED (REGISTERED NUMBER: 08479502)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

LEWIS WIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Mrs J J Davenport
A S Davenport





SECRETARY: A S Davenport





REGISTERED OFFICE: 573 Manchester Road
Crosspool
Sheffield
S10 5PP





REGISTERED NUMBER: 08479502 (England and Wales)





ACCOUNTANTS: Procter and Co Accountants Ltd
Chartered Accountants
21A Sandygate Road
Sheffield
South Yorkshire
S10 5NG

LEWIS WIRE LIMITED (REGISTERED NUMBER: 08479502)

BALANCE SHEET
30 SEPTEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 80,139 97,936
Debtors 6 99,781 118,489
Cash at bank 205,566 113,333
385,486 329,758
CREDITORS
Amounts falling due within one year 7 (84,907 ) (26,691 )
NET CURRENT ASSETS 300,579 303,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

300,579

303,067

CREDITORS
Amounts falling due after more than one
year

8

-

(71,273

)
NET ASSETS 300,579 231,794

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 300,479 231,694
SHAREHOLDERS' FUNDS 300,579 231,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 1 March 2024 and were signed on its behalf by:




A S Davenport - Director


LEWIS WIRE LIMITED (REGISTERED NUMBER: 08479502)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Lewis Wire 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.

Goodwill
The goodwill acquired was fully written off in the period of acquisition.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% on cost

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 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.

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 year 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.

LEWIS WIRE LIMITED (REGISTERED NUMBER: 08479502)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The pension charge in the accounts relates to contributions made on behalf of the directors to private stakeholder pensions.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 41,112
AMORTISATION
At 1 October 2022
and 30 September 2023 41,112
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 890
DEPRECIATION
At 1 October 2022
and 30 September 2023 890
NET BOOK VALUE
At 30 September 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 88,691 117,787
Other debtors 11,090 702
99,781 118,489

LEWIS WIRE LIMITED (REGISTERED NUMBER: 08479502)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,580 18,620
Taxation and social security 26,579 5,861
Other creditors 45,748 2,210
84,907 26,691

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors - 71,273

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LEWIS WIRE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lewis Wire Limited for the year ended 30 September 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Lewis Wire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lewis Wire Limited and state those matters that we have agreed to state to the Board of Directors of Lewis Wire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lewis Wire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lewis Wire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lewis Wire Limited. You consider that Lewis Wire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lewis Wire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Procter and Co Accountants Ltd
Chartered Accountants
21A Sandygate Road
Sheffield
South Yorkshire
S10 5NG


1 March 2024