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REGISTERED NUMBER: 03813705 (England and Wales)












LAWTONS OF FLEETWOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






LAWTONS OF FLEETWOOD LIMITED (REGISTERED NUMBER: 03813705)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LAWTONS OF FLEETWOOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R Hesketh





SECRETARY: Mrs G Hesketh





REGISTERED OFFICE: 2 The Illawalla
Thornton Cleveleys
Lancashire
FY5 5LG





REGISTERED NUMBER: 03813705 (England and Wales)





ACCOUNTANTS: Rushtons
Chartered Accountants
Avroe House
Avroe Crescent
Blackpool Business Park
Blackpool
Lancashire
FY4 2DP

LAWTONS OF FLEETWOOD LIMITED (REGISTERED NUMBER: 03813705)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,905 3,631
Investment property 5 174,167 166,678
177,072 170,309

CURRENT ASSETS
Stocks 98,040 99,420
Debtors - 600
Cash at bank 12,993 20,970
111,033 120,990
CREDITORS
Amounts falling due within one year 41,165 504,308
NET CURRENT ASSETS/(LIABILITIES) 69,868 (383,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

246,940

(213,009

)

CREDITORS
Amounts falling due after more than
one year

450,000

-
NET LIABILITIES (203,060 ) (213,009 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (204,060 ) (214,009 )
SHAREHOLDERS' FUNDS (203,060 ) (213,009 )

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

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

LAWTONS OF FLEETWOOD LIMITED (REGISTERED NUMBER: 03813705)

ABRIDGED BALANCE SHEET - continued
31 AUGUST 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2025 and were signed by:





R Hesketh - Director


LAWTONS OF FLEETWOOD LIMITED (REGISTERED NUMBER: 03813705)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Lawtons of Fleetwood 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 as modified by the revaluation of certain assets.

The financial statements are presented in Sterling (£). Monetary values in these financial statements are rounded to the nearest £.

The financial statements have been prepared on a going concern basis, the validity of which may be inappropriate as at 31 August 2024, the company's total liabilities exceeded its total assets by £203,060. The financial statements do not include any adjustment that may result from the company ceasing to trade. The director has lent £488,289 to the company and has indicated that he does not require these funds to be repaid at present.

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 - 25% on reducing balance
Fixtures and fittings - 15% on cost
Motor vehicles - at variable rates on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

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

LAWTONS OF FLEETWOOD LIMITED (REGISTERED NUMBER: 03813705)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 81,684
Disposals (67,834 )
At 31 August 2024 13,850
DEPRECIATION
At 1 September 2023 78,053
Charge for year 726
Eliminated on disposal (67,834 )
At 31 August 2024 10,945
NET BOOK VALUE
At 31 August 2024 2,905
At 31 August 2023 3,631

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 166,678
Revaluations 7,489
At 31 August 2024 174,167
NET BOOK VALUE
At 31 August 2024 174,167
At 31 August 2023 166,678

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 7,489
Cost 166,678
174,167