LAWRENCE WORKS LTD

Company Registration Number:
13131360 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

LAWRENCE WORKS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LAWRENCE WORKS LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 1,762,583 1,388,297
Cost of sales: ( 712,893 ) ( 653,893 )
Gross profit(or loss): 1,049,690 734,404
Distribution costs: ( 55,893 ) ( 62,048 )
Administrative expenses: ( 42,782 ) ( 51,984 )
Other operating income: 126,392 91,083
Operating profit(or loss): 1,077,407 711,455
Interest receivable and similar income: 11,872 12,941
Interest payable and similar charges: ( 7,827 ) ( 10,082 )
Profit(or loss) before tax: 1,081,452 714,314
Tax: ( 112,783 ) ( 138,452 )
Profit(or loss) for the financial year: 968,669 575,862

LAWRENCE WORKS LTD

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 8,139 8,639
Tangible assets: 4 883,960 433,960
Investments: 5 873,500 450,000
Total fixed assets: 1,765,599 892,599
Current assets
Stocks: 6 47,839 62,843
Debtors: 7 8,726 4,489
Cash at bank and in hand: 267,382 192,481
Investments: 8 895,000 388,236
Total current assets: 1,218,947 648,049
Prepayments and accrued income: 22,783 47,665
Creditors: amounts falling due within one year: 9 ( 8,724 ) ( 14,538 )
Net current assets (liabilities): 1,233,006 681,176
Total assets less current liabilities: 2,998,705 1,573,875
Creditors: amounts falling due after more than one year: 10 ( 18,928 ) ( 22,894 )
Provision for liabilities: ( 425,000 ) ( 15,548 )
Accruals and deferred income: ( 23,839 ) ( 32,889 )
Total net assets (liabilities): 2,530,938 1,502,544
Capital and reserves
Called up share capital: 100 100
Share premium account: 1,000,000 414,596
Other reserves: 750,000 548,354
Profit and loss account: 780,838 539,494
Total Shareholders' funds: 2,530,938 1,502,544

The notes form part of these financial statements

LAWRENCE WORKS LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 October 2024
and signed on behalf of the board by:

Name: M Ahmed
Status: Director

The notes form part of these financial statements

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 23 23

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 February 2023 8,639 8,639
Additions
Disposals 0 0
Revaluations
Transfers
At 31 January 2024 8,639 8,639
Amortisation
At 1 February 2023 0 0
Charge for year 500 500
On disposals
Other adjustments
At 31 January 2024 500 500
Net book value
At 31 January 2024 8,139 8,139
At 31 January 2023 8,639 8,639

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 255,000 9,196 10,039 9,071 150,654 433,960
Additions 450,000 450,000
Disposals
Revaluations
Transfers
At 31 January 2024 705,000 9,196 10,039 9,071 150,654 883,960
Depreciation
At 1 February 2023
Charge for year
On disposals
Other adjustments
At 31 January 2024
Net book value
At 31 January 2024 705,000 9,196 10,039 9,071 150,654 883,960
At 31 January 2023 255,000 9,196 10,039 9,071 150,654 433,960

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Fixed assets investments note

Fixed Assets Investments currently stand at £1,765,599

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Stocks

2024 2023
£ £
Stocks 47,839 62,843
Total 47,839 62,843

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Debtors

2024 2023
£ £
Trade debtors 8,726 4,489
Total 8,726 4,489

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

8. Current assets investments note

Current Assets Investments currently stand at £1,218,947

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

9. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 8,724 14,538
Total 8,724 14,538

LAWRENCE WORKS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

10. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 14,268 20,000
Other creditors 4,660 2,894
Total 18,928 22,894