IRIS Accounts Production v23.4.0.336 11609081 director 1.11.22 31.10.23 31.10.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116090812022-10-31116090812023-10-31116090812022-11-012023-10-31116090812021-10-31116090812021-11-012022-10-31116090812022-10-3111609081ns15:EnglandWales2022-11-012023-10-3111609081ns14:PoundSterling2022-11-012023-10-3111609081ns10:Director12022-11-012023-10-3111609081ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3111609081ns10:SmallEntities2022-11-012023-10-3111609081ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3111609081ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3111609081ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3111609081ns10:FullAccounts2022-11-012023-10-311160908112022-11-012023-10-3111609081ns10:RegisteredOffice2022-11-012023-10-3111609081ns5:CurrentFinancialInstruments2023-10-3111609081ns5:CurrentFinancialInstruments2022-10-3111609081ns5:Non-currentFinancialInstruments2023-10-3111609081ns5:Non-currentFinancialInstruments2022-10-3111609081ns5:ShareCapital2023-10-3111609081ns5:ShareCapital2022-10-3111609081ns5:RetainedEarningsAccumulatedLosses2023-10-3111609081ns5:RetainedEarningsAccumulatedLosses2022-10-3111609081ns5:NetGoodwill2022-11-012023-10-3111609081ns5:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111609081ns5:PlantMachinery2022-11-012023-10-3111609081ns5:FurnitureFittings2022-11-012023-10-3111609081ns5:MotorVehicles2022-11-012023-10-3111609081ns5:ComputerEquipment2022-11-012023-10-3111609081ns5:NetGoodwill2022-10-3111609081ns5:NetGoodwill2023-10-3111609081ns5:NetGoodwill2022-10-3111609081ns5:PlantMachinery2022-10-3111609081ns5:FurnitureFittings2022-10-3111609081ns5:MotorVehicles2022-10-3111609081ns5:ComputerEquipment2022-10-3111609081ns5:PlantMachinery2023-10-3111609081ns5:FurnitureFittings2023-10-3111609081ns5:MotorVehicles2023-10-3111609081ns5:ComputerEquipment2023-10-3111609081ns5:PlantMachinery2022-10-3111609081ns5:FurnitureFittings2022-10-3111609081ns5:MotorVehicles2022-10-3111609081ns5:ComputerEquipment2022-10-3111609081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3111609081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3111609081ns5:LeasedAssetsHeldAsLessee2022-11-012023-10-3111609081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-3111609081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-3111609081ns5:LeasedAssetsHeldAsLessee2023-10-3111609081ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:LeasedAssetsHeldAsLessee2022-10-3111609081ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3111609081ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3111609081ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3111609081ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-31
REGISTERED NUMBER: 11609081 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

THE LAWNERS LIMITED

THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 October 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


THE LAWNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 October 2023







DIRECTOR: Mr S Jones





REGISTERED OFFICE: 14 Selman Drive
Falfield Grange
Wotten Under edge
South Gloucestershire
GL12 8FJ





REGISTERED NUMBER: 11609081 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 31,732 36,878
Tangible assets 5 140,141 119,507
171,873 156,385

CURRENT ASSETS
Debtors 6 76,899 65,671
Cash at bank 59,182 73,686
136,081 139,357
CREDITORS
Amounts falling due within one year 7 130,099 131,281
NET CURRENT ASSETS 5,982 8,076
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,855

164,461

CREDITORS
Amounts falling due after more than one year 8 (70,306 ) (74,487 )

PROVISIONS FOR LIABILITIES (35,035 ) (29,877 )
NET ASSETS 72,514 60,097

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 72,404 59,987
72,514 60,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

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 director and authorised for issue on 5 April 2024 and were signed by:





Mr S Jones - Director


THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 October 2023

1. STATUTORY INFORMATION

The Lawners 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
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% 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.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 51,457
AMORTISATION
At 1 November 2022 14,579
Charge for year 5,146
At 31 October 2023 19,725
NET BOOK VALUE
At 31 October 2023 31,732
At 31 October 2022 36,878

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 68,310 - 101,971 13,417 183,698
Additions 18,602 2,175 44,354 - 65,131
At 31 October 2023 86,912 2,175 146,325 13,417 248,829
DEPRECIATION
At 1 November 2022 24,914 - 31,028 8,249 64,191
Charge for year 14,121 381 25,568 4,427 44,497
At 31 October 2023 39,035 381 56,596 12,676 108,688
NET BOOK VALUE
At 31 October 2023 47,877 1,794 89,729 741 140,141
At 31 October 2022 43,396 - 70,943 5,168 119,507

THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 October 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022 20,000 91,971 111,971
Additions - 44,354 44,354
At 31 October 2023 20,000 136,325 156,325
DEPRECIATION
At 1 November 2022 5,000 25,361 30,361
Charge for year 4,000 23,568 27,568
At 31 October 2023 9,000 48,929 57,929
NET BOOK VALUE
At 31 October 2023 11,000 87,396 98,396
At 31 October 2022 15,000 66,610 81,610

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 76,539 65,561
Other debtors 250 -
Called up share capital not paid 110 110
76,899 65,671

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 24,171 20,597
Trade creditors 4,749 4,528
Tax 15,487 11,652
Social security and other taxes 2,294 1,818
Pension 413 264
VAT 13,214 17,398
Mr I and Mrs B Gray 13,500 13,500
Lothbury Limited 10,625 10,625
Directors' current accounts 33,996 39,399
Accrued expenses 1,650 1,500
130,099 131,281

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 16,520 25,928
Hire purchase contracts 53,786 48,559
70,306 74,487

9. RELATED PARTY DISCLOSURES

Included in creditors due within one year is an amount due to Mr S Jones of £34,122 (2022 - £39,399). This amount is interest free and repayable on demand.

THE LAWNERS LIMITED (REGISTERED NUMBER: 11609081)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 October 2023

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mr Stuart Jones and Ms Magarita Zubkova, who between them own 100% of the share capital