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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
Page
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Nick Lawton Ltd Company Information for the year ended 29 February 2024
Director
Nicholas Lawton
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
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Nick Lawton Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,484 
5,648 
Current assets
Debtors
1,415 
8,074 
Cash at bank and in hand
15,455 
14,275 
16,870 
22,349 
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)
Net assets
615 
4,147 
Capital and reserves
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
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Nick Lawton Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 29 February 2024
5,110 
27,374 
32,484 
At 28 February 2023
5,648 
- 
5,648 
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Nick Lawton Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,415 
8,074 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,632 
- 
VAT
3,245 
1,313 
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 
48,739 
17,599 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
6,251 
8
Share capital
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).
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