L W Townsend Limited 14127921 false 2022-05-24 2023-06-30 2023-06-30 The principal activity of the company is the provision of services of Mr L W Townsend as a solicitor to Clarkes LLP. Digita Accounts Production Advanced 6.30.9574.0 true 14127921 2022-05-24 2023-06-30 14127921 2023-06-30 14127921 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-06-30 14127921 core:CurrentFinancialInstruments 2023-06-30 14127921 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14127921 bus:SmallEntities 2022-05-24 2023-06-30 14127921 bus:AuditExemptWithAccountantsReport 2022-05-24 2023-06-30 14127921 bus:FullAccounts 2022-05-24 2023-06-30 14127921 bus:SmallCompaniesRegimeForAccounts 2022-05-24 2023-06-30 14127921 bus:RegisteredOffice 2022-05-24 2023-06-30 14127921 bus:Director1 2022-05-24 2023-06-30 14127921 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-05-24 2023-06-30 14127921 bus:PrivateLimitedCompanyLtd 2022-05-24 2023-06-30 14127921 core:OtherRelatedParties 2022-05-24 2023-06-30 14127921 countries:EnglandWales 2022-05-24 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14127921

L W Townsend Limited

Annual Report and Unaudited Financial Statements

for the Period from 24 May 2022 to 30 June 2023

 

L W Townsend Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

L W Townsend Limited

Company Information

Director

L W Townsend

Registered office

Hazeldine House
Telford Town Centre
Telford
Shropshire
TF3 4JL

Accountants

CBSL Accountants Limited
Chartered Accountants
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

 

L W Townsend Limited

(Registration number: 14127921)
Balance Sheet as at 30 June 2023

Note

2023
£

Current assets

 

Debtors

4

49,252

Creditors: Amounts falling due within one year

5

(23,461)

Net assets

 

25,791

Capital and reserves

 

Called up share capital

6

1

Retained earnings

25,790

Shareholders' funds

 

25,791

For the financial period ending 30 June 2023 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 accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 February 2024
 


L W Townsend
Director

 

L W Townsend Limited

Notes to the Unaudited Financial Statements for the Period from 24 May 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hazeldine House
Telford Town Centre
Telford
Shropshire
TF3 4JL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

L W Townsend Limited

Notes to the Unaudited Financial Statements for the Period from 24 May 2022 to 30 June 2023

4

Debtors

Note

2023
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

7

49,252

 

49,252

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Taxation and social security

16,462

Other creditors

6,999

23,461

6

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary shares of £1 each

1

1

     

7

Related party transactions

Summary of transactions with other related parties


L W Townsend Limited is a designated member of Clarkes Limited Liability Partnership.

 
At the year end monies due from Clarkes LLP amounted to £49,252, included in debtors, and monies due to the director amounted to £6,999, included in other creditors.