IRIS Accounts Production v24.3.2.46 09971929 director 1.5.23 30.4.24 30.4.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh099719292023-04-30099719292024-04-30099719292023-05-012024-04-30099719292022-04-30099719292022-05-012023-04-30099719292023-04-3009971929ns15:EnglandWales2023-05-012024-04-3009971929ns14:PoundSterling2023-05-012024-04-3009971929ns10:Director12023-05-012024-04-3009971929ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009971929ns10:SmallEntities2023-05-012024-04-3009971929ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009971929ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009971929ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009971929ns10:FullAccounts2023-05-012024-04-3009971929ns10:RegisteredOffice2023-05-012024-04-3009971929ns5:CurrentFinancialInstruments2024-04-3009971929ns5:CurrentFinancialInstruments2023-04-3009971929ns5:ShareCapital2024-04-3009971929ns5:ShareCapital2023-04-3009971929ns5:RetainedEarningsAccumulatedLosses2024-04-3009971929ns5:RetainedEarningsAccumulatedLosses2023-04-3009971929ns5:PlantMachinery2023-05-012024-04-3009971929ns5:PlantMachinery2023-04-3009971929ns5:PlantMachinery2024-04-3009971929ns5:PlantMachinery2023-04-3009971929ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3009971929ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 09971929 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Lawsome Ltd

Lawsome Ltd (Registered number: 09971929)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lawsome Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Ms K Blakesley





REGISTERED OFFICE: 4 Clayton Park
Hassocks
BN6 8JQ





REGISTERED NUMBER: 09971929 (England and Wales)





ACCOUNTANTS: Warren House Accountants Limited
4 The Courtyard
Holmsted Farm
Staplefield Road
Haywards Heath
RH17 5JF

Lawsome Ltd (Registered number: 09971929)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 127 191

CURRENT ASSETS
Debtors 5 6,135 3,859
Cash at bank 12,850 9,758
18,985 13,617
CREDITORS
Amounts falling due within one year 6 13,384 12,397
NET CURRENT ASSETS 5,601 1,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,728

1,411

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,727 1,410
5,728 1,411

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

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

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





Ms K Blakesley - Director


Lawsome Ltd (Registered number: 09971929)

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

1. STATUTORY INFORMATION

Lawsome Ltd 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 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 - 33% on reducing balance

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

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Lawsome Ltd (Registered number: 09971929)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 1,063
DEPRECIATION
At 1 May 2023 872
Charge for year 64
At 30 April 2024 936
NET BOOK VALUE
At 30 April 2024 127
At 30 April 2023 191

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 2,456 -
Other debtors 3,679 3,859
6,135 3,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 6,288
Taxation and social security 12,218 5,063
Other creditors 1,166 1,046
13,384 12,397

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director Miss K Blakesley owed the company £2,733 (2023 :£2,914). This amount is interest free, unsecured and repayable on demand.