Company Registration No. 8405896 (England and Wales)
Nick Lawton Ltd
Unaudited accounts
for the year ended 29 February 2024
Nick Lawton Ltd
Unaudited accounts
Contents
Nick Lawton Ltd
Company Information
for the year ended 29 February 2024
Company Number
8405896 (England and Wales)
Registered Office
GROUND FLOOR FLAT
30 WESTON ROAD
LONDON
W4 5NH
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
Nick Lawton Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
32,484
5,648
Cash at bank and in hand
15,455
14,275
Creditors: amounts falling due within one year
(48,739)
(17,599)
Net current (liabilities)/assets
(31,869)
4,750
Total assets less current liabilities
615
10,398
Creditors: amounts falling due after more than one year
-
(6,251)
Called up share capital
3
3
Profit and loss account
612
4,144
Shareholders' funds
615
4,147
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Nicholas Lawton
Director
Company Registration No. 8405896
Nick Lawton Ltd
Notes to the Accounts
for the year ended 29 February 2024
Nick Lawton Ltd is a private company, limited by shares, registered in England and Wales, registration number 8405896. The registered office is GROUND FLOOR FLAT, 30 WESTON ROAD, LONDON, W4 5NH.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
26,498
-
26,498
Additions
1,166
36,499
37,665
At 29 February 2024
27,664
36,499
64,163
At 1 March 2023
20,850
-
20,850
Charge for the year
1,704
9,125
10,829
At 29 February 2024
22,554
9,125
31,679
At 29 February 2024
5,110
27,374
32,484
At 28 February 2023
5,648
-
5,648
Nick Lawton Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,632
-
Obligations under finance leases and hire purchase contracts
28,412
-
Taxes and social security
6,035
6,415
Loans from directors
6,415
9,871
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).