Company Registration No. 1918748 (England and Wales)
William Lawrence Advertising Limited
Unaudited accounts
for the year ended 31 May 2024
William Lawrence Advertising Limited
Unaudited accounts
Contents
William Lawrence Advertising Limited
Company Information
for the year ended 31 May 2024
Directors
Maureen Joan Alexander
Roy Lawrence Scott
Alastair Farmer
Company Number
1918748 (England and Wales)
Registered Office
THE MISSION HALL
26 CLIFTON STREET
ST. ALBANS
HERTFORDSHIRE
AL1 3RY
ENGLAND
Accountants
MUSON&HILLS LLP
LOWFIELD HOUSE
BROCKET ROAD
HODDESDON
HERTFORDSHIRE
EN11 8NZ
William Lawrence Advertising Limited
Statement of financial position
as at 31 May 2024
Tangible assets
369,869
378,410
Cash at bank and in hand
495,560
506,648
Creditors: amounts falling due within one year
(101,646)
(119,553)
Net current assets
503,407
508,981
Net assets
873,276
887,391
Called up share capital
9,999
10,001
Revaluation reserve
244,225
244,225
Capital redemption reserve
-
2
Profit and loss account
619,052
633,163
Shareholders' funds
873,276
887,391
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by
Alastair Farmer
Director
Company Registration No. 1918748
William Lawrence Advertising Limited
Notes to the Accounts
for the year ended 31 May 2024
William Lawrence Advertising Limited is a private company, limited by shares, registered in England and Wales, registration number 1918748. The registered office is THE MISSION HALL, 26 CLIFTON STREET, ST. ALBANS, HERTFORDSHIRE, AL1 3RY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight Line at 2%
Plant & machinery
Reducing Balance at 20%
Fixtures & fittings
Reducing Balance at 15%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
479,000
43,027
27,518
549,545
At 31 May 2024
479,000
43,027
27,518
549,545
At 1 June 2023
122,869
25,006
23,260
171,135
Charge for the year
4,696
3,203
642
8,541
At 31 May 2024
127,565
28,209
23,902
179,676
At 31 May 2024
351,435
14,818
3,616
369,869
At 31 May 2023
356,131
18,021
4,258
378,410
Amounts falling due within one year
Trade debtors
109,493
121,886
William Lawrence Advertising Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,092
47,434
Trade creditors
56,260
54,150
Taxes and social security
11,089
5,713
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).