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REGISTERED NUMBER: 03229690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Lewis & Tucker Management Limited

Lewis & Tucker Management Limited (Registered number: 03229690)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Lewis & Tucker Management Limited (Registered number: 03229690)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 6,416 1,978

CURRENT ASSETS
Debtors 6 511,610 658,276
Cash at bank and in hand 6,760 6,266
518,370 664,542
CREDITORS
Amounts falling due within one year 7 621,591 619,544
NET CURRENT (LIABILITIES)/ASSETS (103,221 ) 44,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

(96,805

)

46,976

CREDITORS
Amounts falling due after more than one
year

8

14,808

24,948
NET (LIABILITIES)/ASSETS (111,613 ) 22,028

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (111,713 ) 21,928
(111,613 ) 22,028

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Lewis & Tucker Management Limited (Registered number: 03229690)

Balance Sheet - continued
31 January 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 27 January 2025 and were signed on its behalf by:





C W Lewis - Director


Lewis & Tucker Management Limited (Registered number: 03229690)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Lewis & Tucker Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03229690

Registered office: 16 Wigmore Street
London
W1U 2RF

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Plant and machinery etc - 25% on cost

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.

Lewis & Tucker Management Limited (Registered number: 03229690)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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.

Going concern
The current economic environment is challenging and the company has reported an operating loss for the year.

One of the directors has indicated their willingness to continue to provide financial support to the company for the foreseeable.

It is for this reason the director continues to adopt the going concern basis for the preparation of the accounts.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 14 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 49,784
Additions 6,413
At 31 January 2024 56,197
DEPRECIATION
At 1 February 2023 47,806
Charge for year 1,975
At 31 January 2024 49,781
NET BOOK VALUE
At 31 January 2024 6,416
At 31 January 2023 1,978

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 127,798 267,350
Other debtors 383,812 390,926
511,610 658,276

Lewis & Tucker Management Limited (Registered number: 03229690)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,141 97,724
Trade creditors 42,738 49,888
Taxation and social security 415,637 272,595
Other creditors 153,075 199,337
621,591 619,544

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 14,808 24,948

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft - 87,833
Bank loans 24,949 34,839
24,949 122,672

The company has given a debenture to its bank to provide a fixed and floating charge over all its assets as security for its overdraft and loan.