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REGISTERED NUMBER: 07577278 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

LAWTONASH TRAINING SERVICES LIMITED

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAWTONASH TRAINING SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2024







DIRECTOR: Mr J R Lawson





SECRETARY: Mrs J A Whittaker





REGISTERED OFFICE: Unit 69 The Oaks Manston Business Park
Invicta Way Manston
Ramsgate
Kent
CT12 5FS





REGISTERED NUMBER: 07577278 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 110,265 131,746
Investments 5 3,916 3,916
114,181 135,662

CURRENT ASSETS
Debtors 6 370,205 367,476
Cash at bank and in hand 217,155 143,739
587,360 511,215
CREDITORS
Amounts falling due within one year 7 153,169 105,964
NET CURRENT ASSETS 434,191 405,251
TOTAL ASSETS LESS CURRENT
LIABILITIES

548,372

540,913

CREDITORS
Amounts falling due after more than one
year

8

(35,358

)

(57,532

)

PROVISIONS FOR LIABILITIES (8,308 ) (12,449 )
NET ASSETS 504,706 470,932

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 504,606 470,832
SHAREHOLDERS' FUNDS 504,706 470,932

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

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

The director acknowledges his 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.

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

BALANCE SHEET - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2025 and were signed by:





Mr J R Lawson - Director


LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2024

1. STATUTORY INFORMATION

Lawtonash Training Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the fair value of consideration received or receivable after any trade discounts and prompt settlement discounts, excluding value added tax.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on disposal of an asset is determined at the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the profit or loss.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 10% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on reducing balance

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

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 122,538 44,074 143,179 65,195 374,986
Additions - - - 4,794 4,794
At 31 March 2024 122,538 44,074 143,179 69,989 379,780
DEPRECIATION
At 1 April 2023 82,533 34,549 78,988 47,170 243,240
Charge for year 4,001 1,905 12,839 7,530 26,275
At 31 March 2024 86,534 36,454 91,827 54,700 269,515
NET BOOK VALUE
At 31 March 2024 36,004 7,620 51,352 15,289 110,265
At 31 March 2023 40,005 9,525 64,191 18,025 131,746

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023
and 31 March 2024 52,997
DEPRECIATION
At 1 April 2023 19,079
Charge for year 6,784
At 31 March 2024 25,863
NET BOOK VALUE
At 31 March 2024 27,134
At 31 March 2023 33,918

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 3,916
NET BOOK VALUE
At 31 March 2024 3,916
At 31 March 2023 3,916

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 109,467 76,553
Other debtors 142,718 138,193
Prepayments and accrued income 13,229 12,846
265,414 227,592

Amounts falling due after more than one year:
Other debtors 104,791 139,884

Aggregate amounts 370,205 367,476

LAWTONASH TRAINING SERVICES LIMITED (REGISTERED NUMBER: 07577278)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 7,600
Hire purchase contracts (see note 9) 9,775 7,966
Trade creditors 62,899 40,246
Corporation tax 22,841 11,682
Taxation and social security 2,891 1,994
VAT 19,303 11,531
Other creditors 23,010 22,530
Accrued expenses 2,450 2,415
153,169 105,964

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,667 12,667
Bank loans - 2-5 years - 11,400
Hire purchase contracts (see note 9) 23,691 33,465
35,358 57,532

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 9,775 7,966
Between one and five years 23,691 33,465
33,466 41,431

10. SECURED DEBTS

Security on the hire purchase contacts is given against the assets.

11. ULTIMATE CONTROLLING PARTY

The shareholders, Mr R A Lawson and Mr B J Lawson, have ultimate control of the company.