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REGISTERED NUMBER: 06990903 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

LOWES MANAGEMENT AND DEVELOPMENT LIMITED

LOWES MANAGEMENT AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 06990903)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOWES MANAGEMENT AND DEVELOPMENT LIMITED

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTOR: Mrs A Lowes





REGISTERED OFFICE: 4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA





REGISTERED NUMBER: 06990903 (England and Wales)






LOWES MANAGEMENT AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 06990903)

BALANCE SHEET
31 August 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,764 33,008

CURRENT ASSETS
Debtors 5 82,185 63,032
Cash at bank 56,649 26,686
138,834 89,718
CREDITORS
Amounts falling due within one year 6 80,378 65,019
NET CURRENT ASSETS 58,456 24,699
TOTAL ASSETS LESS CURRENT LIABILITIES 91,220 57,707

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 91,219 57,706
SHAREHOLDERS' FUNDS 91,220 57,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 November 2024 and were signed by:




Mrs A Lowes - Director


LOWES MANAGEMENT AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 06990903)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Lowes Management and Development 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.

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 etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

LOWES MANAGEMENT AND DEVELOPMENT LIMITED (REGISTERED NUMBER: 06990903)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 32,605 3,216 35,821
DEPRECIATION
At 1 September 2023 - 2,813 2,813
Charge for year - 244 244
At 31 August 2024 - 3,057 3,057
NET BOOK VALUE
At 31 August 2024 32,605 159 32,764
At 31 August 2023 32,605 403 33,008

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 24,885 5,732
Other debtors 57,300 57,300
82,185 63,032

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade creditors 4,200 1
Taxation and social security 8,324 4,320
Other creditors 67,854 60,698
80,378 65,019

7. RELATED PARTY DISCLOSURES

Other creditors comprises amounts due to the director