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REGISTERED NUMBER: 05044115 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Lower Shaw Contract Services Limited

Lower Shaw Contract Services Limited (Registered number: 05044115)






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lower Shaw Contract Services Limited

Company Information
for the Year Ended 30th April 2024







DIRECTORS: G Lumb
Mrs S L Lumb





SECRETARY: G Lumb





REGISTERED OFFICE: Lower Shaw Farm
Kebs Road
Todmorden
OL14 8SD





REGISTERED NUMBER: 05044115 (England and Wales)

Lower Shaw Contract Services Limited (Registered number: 05044115)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,523 7,421

CURRENT ASSETS
Debtors 5 25,310 2,330
Cash at bank 6,701 44,424
32,011 46,754
CREDITORS
Amounts falling due within one year 6 20,383 12,724
NET CURRENT ASSETS 11,628 34,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,151

41,451

CREDITORS
Amounts falling due after more than one
year

7

(18,285

)

-

PROVISIONS FOR LIABILITIES (6,369 ) (1,410 )
NET ASSETS 20,497 40,041

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 20,397 39,941
SHAREHOLDERS' FUNDS 20,497 40,041

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Lower Shaw Contract Services Limited (Registered number: 05044115)

Balance Sheet - continued
30th April 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 Board of Directors and authorised for issue on 22nd January 2025 and were signed on its behalf by:





G Lumb - Director


Lower Shaw Contract Services Limited (Registered number: 05044115)

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Lower Shaw Contract 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% Straight Line Basis
Fixtures and fittings - 25% Straight Line Basis
Motor vehicles - 25% on Reducing Balance
Computer equipment - 33.3% Straight Line Basis

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

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.

Lower Shaw Contract Services Limited (Registered number: 05044115)

Notes to the Financial Statements - continued
for the Year Ended 30th April 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.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2023 51,997
Additions 37,276
At 30th April 2024 89,273
DEPRECIATION
At 1st May 2023 44,576
Charge for year 11,174
At 30th April 2024 55,750
NET BOOK VALUE
At 30th April 2024 33,523
At 30th April 2023 7,421

Lower Shaw Contract Services Limited (Registered number: 05044115)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 37,276
At 30th April 2024 37,276
DEPRECIATION
Charge for year 9,319
At 30th April 2024 9,319
NET BOOK VALUE
At 30th April 2024 27,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 24,792 1,080
Other debtors 518 1,250
25,310 2,330

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 5,930 -
Taxation and social security 11,011 9,488
Other creditors 3,442 3,236
20,383 12,724

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 18,285 -

8. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 24,215 -

Lower Shaw Contract Services Limited (Registered number: 05044115)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The controlling party is G Lumb.