IRIS Accounts Production v24.1.0.578 07001422 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070014222022-07-31070014222023-07-31070014222022-08-012023-07-31070014222021-07-31070014222021-08-012022-07-31070014222022-07-3107001422ns15:EnglandWales2022-08-012023-07-3107001422ns14:PoundSterling2022-08-012023-07-3107001422ns10:Director12022-08-012023-07-3107001422ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3107001422ns10:SmallEntities2022-08-012023-07-3107001422ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3107001422ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3107001422ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3107001422ns10:FullAccounts2022-08-012023-07-310700142212022-08-012023-07-3107001422ns10:Director22022-08-012023-07-3107001422ns10:Director32022-08-012023-07-3107001422ns10:Director42022-08-012023-07-3107001422ns10:Director52022-08-012023-07-3107001422ns10:RegisteredOffice2022-08-012023-07-3107001422ns5:CurrentFinancialInstruments2023-07-3107001422ns5:CurrentFinancialInstruments2022-07-3107001422ns5:Non-currentFinancialInstruments2023-07-3107001422ns5:Non-currentFinancialInstruments2022-07-3107001422ns5:ShareCapital2023-07-3107001422ns5:ShareCapital2022-07-3107001422ns5:RetainedEarningsAccumulatedLosses2023-07-3107001422ns5:RetainedEarningsAccumulatedLosses2022-07-3107001422ns5:NetGoodwill2022-08-012023-07-3107001422ns5:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3107001422ns5:PlantMachinery2022-08-012023-07-3107001422ns5:NetGoodwill2022-07-3107001422ns5:ComputerSoftware2022-07-3107001422ns5:ComputerSoftware2022-08-012023-07-3107001422ns5:NetGoodwill2023-07-3107001422ns5:ComputerSoftware2023-07-3107001422ns5:NetGoodwill2022-07-3107001422ns5:ComputerSoftware2022-07-3107001422ns5:PlantMachinery2022-07-3107001422ns5:PlantMachinery2023-07-3107001422ns5:PlantMachinery2022-07-3107001422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3107001422ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3107001422ns10:Director332022-07-3107001422ns10:Director332021-07-3107001422ns10:Director332022-08-012023-07-3107001422ns10:Director332021-08-012022-07-3107001422ns10:Director332023-07-3107001422ns10:Director332022-07-31
REGISTERED NUMBER: 07001422 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

EDWARD HANDS & LEWIS LIMITED

EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EDWARD HANDS & LEWIS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mrs E Fuller
Mrs L Hathaway
Mr J L Hathaway
Mr A G Robinson
Mr P S Stubbs





REGISTERED OFFICE: 299 Main Street
Bulwell
Nottinghamshire
NG6 8ED





REGISTERED NUMBER: 07001422 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,787 13,484
Tangible assets 5 14,396 40,134
25,183 53,618

CURRENT ASSETS
Debtors 6 1,026,813 968,611
Cash at bank 233,528 131,368
1,260,341 1,099,979
CREDITORS
Amounts falling due within one year 7 535,380 474,346
NET CURRENT ASSETS 724,961 625,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

750,144

679,251

CREDITORS
Amounts falling due after more than one
year

8

(153,333

)

(233,333

)

PROVISIONS FOR LIABILITIES (3,599 ) (9,848 )
NET ASSETS 593,212 436,070

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 593,112 435,970
593,212 436,070

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

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

EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

BALANCE SHEET - continued
31 JULY 2023


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 24 April 2024 and were signed on its behalf by:





Mrs L Hathaway - Director


EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

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


1. STATUTORY INFORMATION

Edward Hands & Lewis 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 business offices between 2013 - 2016, are being amortised evenly over its estimated useful life of 5 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.

Computer software is being amortised using the 20% reducing balance method.

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 - 20% reducing balance

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.

EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2022 - 52 ) .

4. INTANGIBLE FIXED ASSETS
Computer
Goodwill software Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 184,500 68,711 253,211
AMORTISATION
At 1 August 2022 184,500 55,227 239,727
Amortisation for year - 2,697 2,697
At 31 July 2023 184,500 57,924 242,424
NET BOOK VALUE
At 31 July 2023 - 10,787 10,787
At 31 July 2022 - 13,484 13,484

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022 217,671
Disposals (97,048 )
At 31 July 2023 120,623
DEPRECIATION
At 1 August 2022 177,537
Charge for year 3,867
Eliminated on disposal (75,177 )
At 31 July 2023 106,227
NET BOOK VALUE
At 31 July 2023 14,396
At 31 July 2022 40,134

EDWARD HANDS & LEWIS LIMITED (REGISTERED NUMBER: 07001422)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 262,128 205,308
Amounts owed by group undertakings 50,397 -
Amounts recoverable on contract 537,963 574,085
Other debtors 176,325 189,218
1,026,813 968,611

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 227,720 269,871
Trade creditors 44,468 54,367
Taxation and social security 225,383 125,978
Other creditors 37,809 24,130
535,380 474,346

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 153,333 233,333

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr J L Hathaway
Balance outstanding at start of year (35 ) (12,622 )
Amounts advanced - 100,000
Amounts repaid - (87,413 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (35 ) (35 )