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Company Registration No. 08090348 (England and Wales)
LAWRENCE CONTRACTORS LTD Unaudited accounts for the year ended 31 March 2024
LAWRENCE CONTRACTORS LTD Unaudited accounts Contents
Page
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LAWRENCE CONTRACTORS LTD Company Information for the year ended 31 March 2024
Directors
Daniel Lawrence Zoe Anne Lawrence
Company Number
08090348 (England and Wales)
Registered Office
15-17 Middle Street Brighton East Sussex BN1 1AL
Accountants
Angela MacCarthy Limited T A On The Spot 7 Chalfont Drive Hove East Sussex BN3 6QR
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LAWRENCE CONTRACTORS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
777 
607 
Current assets
Debtors
2,730 
3,534 
Creditors: amounts falling due within one year
(11,019)
(10,456)
Net current liabilities
(8,289)
(6,922)
Total assets less current liabilities
(7,512)
(6,315)
Creditors: amounts falling due after more than one year
(3,667)
(5,667)
Net liabilities
(11,179)
(11,982)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(11,279)
(12,082)
Shareholders' funds
(11,179)
(11,982)
For the year ending 31 March 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 3 October 2024 and were signed on its behalf by
Daniel Lawrence Director Company Registration No. 08090348
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LAWRENCE CONTRACTORS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LAWRENCE CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08090348. The registered office is 15-17 Middle Street, Brighton, East Sussex, BN1 1AL.
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.
3
Accounting policies
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.
Revenue
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Going concern
Despite a challenging economic climate, the company retains the support of its directors. It therefore continues to adopt the going concern basis of accounting.
Tangible fixed assets and depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
25% per annum straight line
Computer equipment
33.3% per annum straight line
Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.
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LAWRENCE CONTRACTORS LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
12,741 
Additions
607 
At 31 March 2024
13,348 
Depreciation
At 1 April 2023
12,134 
Charge for the year
437 
At 31 March 2024
12,571 
Net book value
At 31 March 2024
777 
At 31 March 2023
607 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,108 
Accrued income and prepayments
2,730 
15 
Other debtors
- 
411 
2,730 
3,534 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,351 
7,164 
VAT
- 
1,615 
Trade creditors
792 
880 
Taxes and social security
(231)
167 
Other creditors
756 
- 
Loans from directors
351 
- 
Accruals
- 
630 
11,019 
10,456 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,667 
5,667 
8
Transactions with related parties
The transactions with the directors and shareholders have not been conducted under normal market conditions: A balance of £351 is owed to the directors at the year end. No interest is being charged by the directors.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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