IRIS Accounts Production v24.2.0.383 05809390 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058093902023-05-31058093902024-05-31058093902023-06-012024-05-31058093902022-05-31058093902022-06-012023-05-31058093902023-05-3105809390ns15:EnglandWales2023-06-012024-05-3105809390ns14:PoundSterling2023-06-012024-05-3105809390ns10:Director12023-06-012024-05-3105809390ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3105809390ns10:SmallEntities2023-06-012024-05-3105809390ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3105809390ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3105809390ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3105809390ns10:FullAccounts2023-06-012024-05-3105809390ns10:OrdinaryShareClass12023-06-012024-05-3105809390ns10:Director22023-06-012024-05-3105809390ns10:Director32023-06-012024-05-3105809390ns10:RegisteredOffice2023-06-012024-05-3105809390ns5:CurrentFinancialInstruments2024-05-3105809390ns5:CurrentFinancialInstruments2023-05-3105809390ns5:ShareCapital2024-05-3105809390ns5:ShareCapital2023-05-3105809390ns5:RetainedEarningsAccumulatedLosses2024-05-3105809390ns5:RetainedEarningsAccumulatedLosses2023-05-3105809390ns10:HighestPaidDirector2023-06-012024-05-3105809390ns10:HighestPaidDirector2022-06-012023-05-3105809390ns5:OwnedAssets2023-06-012024-05-3105809390ns5:OwnedAssets2022-06-012023-05-3105809390ns5:LeaseholdImprovements2023-05-3105809390ns5:PlantMachinery2023-05-3105809390ns5:FurnitureFittings2023-05-3105809390ns5:ComputerEquipment2023-05-3105809390ns5:LeaseholdImprovements2023-06-012024-05-3105809390ns5:PlantMachinery2023-06-012024-05-3105809390ns5:FurnitureFittings2023-06-012024-05-3105809390ns5:ComputerEquipment2023-06-012024-05-3105809390ns5:LeaseholdImprovements2024-05-3105809390ns5:PlantMachinery2024-05-3105809390ns5:FurnitureFittings2024-05-3105809390ns5:ComputerEquipment2024-05-3105809390ns5:LeaseholdImprovements2023-05-3105809390ns5:PlantMachinery2023-05-3105809390ns5:FurnitureFittings2023-05-3105809390ns5:ComputerEquipment2023-05-3105809390ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3105809390ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3105809390ns5:WithinOneYear2024-05-3105809390ns5:WithinOneYear2023-05-3105809390ns5:BetweenOneFiveYears2024-05-3105809390ns5:BetweenOneFiveYears2023-05-3105809390ns5:AllPeriods2024-05-3105809390ns5:AllPeriods2023-05-3105809390ns5:DeferredTaxation2023-05-3105809390ns5:DeferredTaxation2024-05-3105809390ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 05809390 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

LEWIS AND CO PLANNING SOUTH EAST LIMITED

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)






Contents of the Financial Statements
for the year ended 31 May 2024




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 4


LEWIS AND CO PLANNING SOUTH EAST LIMITED

Company Information
for the year ended 31 May 2024







DIRECTORS: S T Bareham
L T Carter
P S Burgess



REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



REGISTERED NUMBER: 05809390 (England and Wales)



ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB



BANKERS: HSBC Bank plc
153 North Street
Brighton
East Sussex
BN1 1SW

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Income Statement
for the year ended 31 May 2024

2024 2023
Notes £    £   

TURNOVER 749,000 858,757

Cost of sales (46,056 ) (66,863 )
GROSS PROFIT 702,944 791,894

Administrative expenses (774,129 ) (812,725 )
OPERATING LOSS (71,185 ) (20,831 )

Interest receivable and similar income 2,465 1,422
(68,720 ) (19,409 )

Interest payable and similar expenses (117 ) (132 )
LOSS BEFORE TAXATION 4 (68,837 ) (19,541 )

Tax on loss 5 6,667 4,183
LOSS FOR THE FINANCIAL YEAR (62,170 ) (15,358 )

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 6 31,901 45,504

CURRENT ASSETS
Debtors 7 171,605 199,879
Cash at bank and in hand 101,863 145,626
273,468 345,505
CREDITORS
Amounts falling due within one year 8 (56,946 ) (73,749 )
NET CURRENT ASSETS 216,522 271,756
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,423

317,260

PROVISIONS FOR LIABILITIES 10 - (6,667 )
NET ASSETS 248,423 310,593

CAPITAL AND RESERVES
Called up share capital 11 102 102
Retained earnings 248,321 310,491
SHAREHOLDERS' FUNDS 248,423 310,593

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:




S T Bareham - Director


LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Notes to the Financial Statements
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Lewis And Co Planning South East 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the fair value of consideration received or receivable net of VAT and trade discounts. Revenue from the sale of planning consultancy services is recognised at the point of sale.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Bicycles-25% on cost
Fixtures, fittings and equipment -25% on cost
Computer equipment-25% on cost
Leasehold improvements-Over term of lease

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 9 ) .

2024 2023
£    £   
Directors' remuneration 313,690 254,594
Directors' pension contributions to money purchase schemes 58,680 98,170

Information regarding the highest paid director is as follows:
2024 2023
£    £   
Emoluments etc 137,916 94,509
Pension contributions to money purchase schemes 18,600 21,300

4. LOSS BEFORE TAXATION

The loss is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 18,211 21,067

5. TAXATION

Analysis of the tax credit
The tax credit on the loss for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax - (5,022 )

Deferred tax (6,667 ) 839
Tax on loss (6,667 ) (4,183 )

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

6. TANGIBLE FIXED ASSETS
Fixtures
Leasehold and Computer
Improvements Bicycles equipment equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 10,340 6,114 64,040 25,082 105,576
Additions - - 2,420 2,188 4,608
Disposals - - (156 ) - (156 )
At 31 May 2024 10,340 6,114 66,304 27,270 110,028
DEPRECIATION
At 1 June 2023 2,281 4,431 31,293 22,067 60,072
Charge for year 2,068 948 13,463 1,732 18,211
Eliminated on disposal - - (156 ) - (156 )
At 31 May 2024 4,349 5,379 44,600 23,799 78,127
NET BOOK VALUE
At 31 May 2024 5,991 735 21,704 3,471 31,901
At 31 May 2023 8,059 1,683 32,747 3,015 45,504

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 151,552 179,830
Other debtors 20,053 20,049
171,605 199,879

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,738 14,758
Taxation and social security 46,426 50,903
Other creditors 7,782 8,088
56,946 73,749

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 13,256 13,256
Between one and five years 13,256 26,512
26,512 39,768

LEWIS AND CO PLANNING SOUTH EAST LIMITED (REGISTERED NUMBER: 05809390)

Notes to the Financial Statements - continued
for the year ended 31 May 2024

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 6,667

Deferred
tax
£   
Balance at 1 June 2023 6,667
Accelerated capital allowances (6,667 )
Balance at 31 May 2024 -

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
102 Ordinary A £1 102 102