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Company Registration No. 5906821 (England and Wales)
Lawn Science Limited Unaudited accounts for the year ended 31 July 2024
Lawn Science Limited Unaudited accounts Contents
Page
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Lawn Science Limited Company Information for the year ended 31 July 2024
Directors
T J P Nicholson E Nicholson
Secretary
E Nicholson
Company Number
5906821 (England and Wales)
Registered Office
3 Stratford Road Nash Milton Keynes Buckinghamshire MK17 0ES United Kingdom
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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Lawn Science Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
2,150 
Tangible assets
63,571 
69,137 
63,571 
71,287 
Current assets
Debtors
300 
- 
Cash at bank and in hand
208,263 
253,085 
208,563 
253,085 
Creditors: amounts falling due within one year
(34,188)
(23,705)
Net current assets
174,375 
229,380 
Total assets less current liabilities
237,946 
300,667 
Provisions for liabilities
Deferred tax
(12,078)
(13,136)
Net assets
225,868 
287,531 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
225,866 
287,529 
Shareholders' funds
225,868 
287,531 
For the year ending 31 July 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 27 November 2024 and were signed on its behalf by
T J P Nicholson Director Company Registration No. 5906821
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Lawn Science Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Lawn Science Limited is a private company, limited by shares, registered in England and Wales, registration number 5906821. The registered office is 3 Stratford Road, Nash, Milton Keynes, Buckinghamshire, MK17 0ES, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
10% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Patents and licences are being amortised evenly over their estimated useful life of 5 years and 10 years.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Lawn Science Limited Notes to the Accounts for the year ended 31 July 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
11,510 
At 31 July 2024
11,510 
Amortisation
At 1 August 2023
9,360 
Charge for the year
2,150 
At 31 July 2024
11,510 
Net book value
At 31 July 2024
- 
At 31 July 2023
2,150 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
829 
87,095 
212 
17,765 
105,901 
Additions
- 
- 
- 
7,514 
7,514 
Disposals
- 
- 
- 
(4,199)
(4,199)
At 31 July 2024
829 
87,095 
212 
21,080 
109,216 
Depreciation
At 1 August 2023
254 
24,168 
92 
12,250 
36,764 
Charge for the year
57 
9,439 
30 
3,158 
12,684 
On disposals
- 
- 
- 
(3,803)
(3,803)
At 31 July 2024
311 
33,607 
122 
11,605 
45,645 
Net book value
At 31 July 2024
518 
53,488 
90 
9,475 
63,571 
At 31 July 2023
575 
62,927 
120 
5,515 
69,137 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
300 
- 
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Lawn Science Limited Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,926 
13,500 
Taxes and social security
17,611 
9,410 
Other creditors
601 
- 
Loans from directors
650 
395 
Accruals
400 
400 
34,188 
23,705 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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