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REGISTERED NUMBER: 06735931 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

LAWSON & WRIGHT (SOUTH EAST) LTD

LAWSON & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

LAWSON & WRIGHT (SOUTH EAST) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: M D Lawson





SECRETARY: J D Lawson





REGISTERED OFFICE: 28 Wilton Road
Bexhill on Sea
East Sussex
TN40 1EZ





REGISTERED NUMBER: 06735931 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

LAWSON & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,812 3,749
2,812 3,749

CURRENT ASSETS
Debtors 6 660 3,863
Cash at bank 555 130
1,215 3,993
CREDITORS
Amounts falling due within one year 7 13,975 17,180
NET CURRENT LIABILITIES (12,760 ) (13,187 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,948

)

(9,438

)

CREDITORS
Amounts falling due after more than one
year

8

(5,657

)

(9,713

)

PROVISIONS FOR LIABILITIES (534 ) (712 )
NET LIABILITIES (16,139 ) (19,863 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (16,239 ) (19,963 )
SHAREHOLDERS' FUNDS (16,139 ) (19,863 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





M D Lawson - Director


LAWSON & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Lawson & Wright (South East) Ltd 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are confident that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover
Turnover represents net invoiced sale of services, excluding value added tax, except in respect of service contracts when turnover is recognised when the company received the right to consideration.

Goodwill
Goodwill , being the amount in connection with the acquisition of a business in 2009. The useful life was re-accessed in 2017 at five years.

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.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

LAWSON & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 75,000
AMORTISATION
At 1 February 2023
and 31 January 2024 75,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 February 2023
and 31 January 2024 21,064
DEPRECIATION
At 1 February 2023 17,315
Charge for year 937
At 31 January 2024 18,252
NET BOOK VALUE
At 31 January 2024 2,812
At 31 January 2023 3,749


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 660 3,342
VAT - 521
660 3,863

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 3,959 3,859
Trade creditors 559 3,386
Tax 1,052 142
Social security and other taxes 256 354
VAT 479 -
Directors' current accounts 6,451 7,511
Accrued expenses 1,219 1,928
13,975 17,180

LAWSON & WRIGHT (SOUTH EAST) LTD (REGISTERED NUMBER: 06735931)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans - 1-2 years 5,657 9,713

9. RELATED PARTY DISCLOSURES

As at the date of the balance sheet, Mr M Lawson, was owed £6,451 (2023: £7,511) by the company. The loan is repayable on demand and there are no terms attached.

10. GOING CONCERN

Although liabilities exceed assets, the accounts have been prepared on a going concern basis as the company continues to have the support of the director.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LAWSON & WRIGHT (SOUTH EAST) LTD

The following reproduces the text of the report prepared for the director 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 Director 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 Lawson & Wright (South East) Ltd for the year ended 31 January 2024 which comprise the Statement of Income and Retained Earnings, 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 director of Lawson & Wright (South East) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lawson & Wright (South East) Ltd and state those matters that we have agreed to state to the director of Lawson & Wright (South East) Ltd 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 Lawson & Wright (South East) Ltd and its director for our work or for this report.

It is your duty to ensure that Lawson & Wright (South East) Ltd 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 Lawson & Wright (South East) Ltd. You consider that Lawson & Wright (South East) Ltd 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 Lawson & Wright (South East) Ltd. 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


23 April 2024