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REGISTERED NUMBER: 07185717 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

LOWRIE LIMITED

LOWRIE LIMITED (REGISTERED NUMBER: 07185717)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LOWRIE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: S Lowrie





REGISTERED OFFICE: 495 Green Lanes
London
N13 4BS





REGISTERED NUMBER: 07185717 (England and Wales)





ACCOUNTANTS: Avraam Associates Limited
Chartered Accountants
495 Green Lanes
London
N13 4BS

LOWRIE LIMITED (REGISTERED NUMBER: 07185717)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 452 1,675

CURRENT ASSETS
Debtors 5 445,532 149,133
Cash at bank 101,539 21,093
547,071 170,226
CREDITORS
Amounts falling due within one year 6 156,725 37,236
NET CURRENT ASSETS 390,346 132,990
TOTAL ASSETS LESS CURRENT LIABILITIES 390,798 134,665

CREDITORS
Amounts falling due after more than one
year

7

(11,550

)

(21,450

)

PROVISIONS FOR LIABILITIES 8 (112 ) (418 )
NET ASSETS 379,136 112,797

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 379,036 112,697
SHAREHOLDERS' FUNDS 379,136 112,797

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

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

LOWRIE LIMITED (REGISTERED NUMBER: 07185717)

BALANCE SHEET - continued
31ST 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 20th March 2025 and were signed by:





S Lowrie - Director


LOWRIE LIMITED (REGISTERED NUMBER: 07185717)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Lowrie 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 net invoiced provision of services, excluding value added tax.

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 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.

3. EMPLOYEES AND DIRECTORS

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

LOWRIE LIMITED (REGISTERED NUMBER: 07185717)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023
and 31st March 2024 8,978
DEPRECIATION
At 1st April 2023 7,303
Charge for year 1,223
At 31st March 2024 8,526
NET BOOK VALUE
At 31st March 2024 452
At 31st March 2023 1,675

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,808 44,400
Other debtors 313,724 104,733
445,532 149,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,900 9,900
Taxation and social security 145,625 26,136
Other creditors 1,200 1,200
156,725 37,236

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 11,550 21,450

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 112 418

LOWRIE LIMITED (REGISTERED NUMBER: 07185717)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2023 418
Credit to Income Statement during year (306 )
Balance at 31st March 2024 112

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
S Lowrie
Balance outstanding at start of year 102,590 (48,171 )
Amounts advanced 364,290 205,805
Amounts repaid (183,998 ) (55,044 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 282,882 102,590

11. ULTIMATE CONTROLLING PARTY

Ultimate controlling party is Miss S Lowrie by virtue of her shareholding.