IRIS Accounts Production v23.1.5.20 03836913 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038369132022-09-30038369132023-09-30038369132022-10-012023-09-30038369132021-09-30038369132021-10-012022-09-30038369132022-09-3003836913ns15:EnglandWales2022-10-012023-09-3003836913ns14:PoundSterling2022-10-012023-09-3003836913ns10:Director12022-10-012023-09-3003836913ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3003836913ns10:SmallEntities2022-10-012023-09-3003836913ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3003836913ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3003836913ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3003836913ns10:FullAccounts2022-10-012023-09-3003836913ns10:Director22022-10-012023-09-3003836913ns10:CompanySecretary12022-10-012023-09-3003836913ns10:RegisteredOffice2022-10-012023-09-3003836913ns5:CurrentFinancialInstruments2022-09-3003836913ns5:CurrentFinancialInstruments2023-09-3003836913ns5:ShareCapital2022-09-3003836913ns5:ShareCapital2023-09-3003836913ns5:RetainedEarningsAccumulatedLosses2022-09-3003836913ns5:RetainedEarningsAccumulatedLosses2023-09-3003836913ns5:LeaseholdImprovements2022-10-012023-09-3003836913ns5:PlantMachinery2022-10-012023-09-3003836913ns5:FurnitureFittings2022-10-012023-09-3003836913ns5:MotorVehicles2022-10-012023-09-3003836913ns5:ComputerEquipment2022-10-012023-09-3003836913ns5:LeaseholdImprovements2022-09-3003836913ns5:PlantMachinery2022-09-3003836913ns5:LeaseholdImprovements2023-09-3003836913ns5:PlantMachinery2023-09-3003836913ns5:LeaseholdImprovements2022-09-3003836913ns5:PlantMachinery2022-09-3003836913ns5:FurnitureFittings2022-09-3003836913ns5:MotorVehicles2022-09-3003836913ns5:ComputerEquipment2022-09-3003836913ns5:FurnitureFittings2023-09-3003836913ns5:MotorVehicles2023-09-3003836913ns5:ComputerEquipment2023-09-3003836913ns5:FurnitureFittings2022-09-3003836913ns5:MotorVehicles2022-09-3003836913ns5:ComputerEquipment2022-09-3003836913ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3003836913ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 03836913 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

LUKES & GODWIN LIMITED

LUKES & GODWIN LIMITED (REGISTERED NUMBER: 03836913)






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


LUKES & GODWIN LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTORS: S L Middleton
S Middleton





SECRETARY: Mrs S A Middleton





REGISTERED OFFICE: Unit 7
Hamilton Court
Oakham Business Park
Mansfield
Nottinghamshire
NG18 5FB





REGISTERED NUMBER: 03836913 (England and Wales)





ACCOUNTANTS: Langham Carter
Darwin Court Darwin Drive
Sherwood Energy Village
New Ollerton
Newark
Nottinghamshire
NG22 9FE

LUKES & GODWIN LIMITED (REGISTERED NUMBER: 03836913)

BALANCE SHEET
30 September 2023

30.9.22 30.9.23
£    £    Notes £    £   
FIXED ASSETS
50,502 Tangible assets 4 64,613

CURRENT ASSETS
105,225 Stocks 90,555
230,703 Debtors 5 313,253
190,697 Cash at bank 352,369
526,625 756,177
CREDITORS
202,451 Amounts falling due within one year 6 390,281
324,174 NET CURRENT ASSETS 365,896

374,676
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,509

CAPITAL AND RESERVES
200 Called up share capital 200
374,476 Retained earnings 430,309
374,676 SHAREHOLDERS' FUNDS 430,509

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 20 February 2024 and were signed on its behalf by:





S L Middleton - Director


LUKES & GODWIN LIMITED (REGISTERED NUMBER: 03836913)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Lukes & Godwin 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.
Fixtures and fittings - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stock and work in progress
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.

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 17 (2022 - 14 ) .

LUKES & GODWIN LIMITED (REGISTERED NUMBER: 03836913)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Plant and
Totals fittings machinery
£    £    £   
COST
At 1 October 2022 182,881 23,459 12,704
Additions 33,515 - -
At 30 September 2023 216,396 23,459 12,704
DEPRECIATION
At 1 October 2022 132,379 13,050 9,551
Charge for year 19,404 1,561 473
At 30 September 2023 151,783 14,611 10,024
NET BOOK VALUE
At 30 September 2023 64,613 8,848 2,680
At 30 September 2022 50,502 10,409 3,153

Office Motor Computer
equipment vehicles equipment
£    £    £   
COST
At 1 October 2022 15,562 111,761 19,395
Additions - 33,515 -
At 30 September 2023 15,562 145,276 19,395
DEPRECIATION
At 1 October 2022 13,114 78,040 18,624
Charge for year 367 16,810 193
At 30 September 2023 13,481 94,850 18,817
NET BOOK VALUE
At 30 September 2023 2,081 50,426 578
At 30 September 2022 2,448 33,721 771

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 289,700 209,242
Prepayments 23,553 21,461
313,253 230,703

LUKES & GODWIN LIMITED (REGISTERED NUMBER: 03836913)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 194,074 114,924
Tax 42,612 15,885
Social security and other taxes 74,241 40,322
Other creditors 2,277 2,239
Directors' current accounts 68,986 22,131
Accrued expenses 8,091 6,950
390,281 202,451