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REGISTERED NUMBER: 05728951 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Low-Brow Limited

Low-Brow Limited (Registered number: 05728951)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Low-Brow Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Albrow
K N Lowrie





REGISTERED OFFICE: 37 Meeson Street
London
E5 0EA





REGISTERED NUMBER: 05728951 (England and Wales)





ACCOUNTANTS: Ward Mackenzie Ltd
Chartered Accountants
Thatcher House
12 Mount Ephraim
Tunbridge Wells
Kent
TN4 8AS

Low-Brow Limited (Registered number: 05728951)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 748 1,648

CURRENT ASSETS
Debtors 6 133 732

CREDITORS
Amounts falling due within one year 7 (3,471 ) (3,313 )
NET CURRENT LIABILITIES (3,338 ) (2,581 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,590

)

(933

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 (2,690 ) (1,033 )
SHAREHOLDERS' FUNDS (2,590 ) (933 )

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:




K N Lowrie - Director


Low-Brow Limited (Registered number: 05728951)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. GENERAL INFORMATION

Lowbrow 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

3. ACCOUNTING POLICIES

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company's functional and presentational currency is pound sterling.

TANGIBLE ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

DEFERRED TAX
Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date as these are considered immaterial.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 5,239
Disposals (3,142 )
At 31 March 2024 2,097
DEPRECIATION
At 1 April 2023 3,591
Charge for year 412
Eliminated on disposal (2,654 )
At 31 March 2024 1,349
NET BOOK VALUE
At 31 March 2024 748
At 31 March 2023 1,648

Low-Brow Limited (Registered number: 05728951)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 133 732

The directors consider the carrying value of trade and other receivables approximate to their fair values.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 1
Directors' current accounts 2,747 2,638
Accrued expenses 724 674
3,471 3,313

The directors consider the carrying amounts of current liabilities approximate to their fair values.

8. RESERVES
Retained
earnings
£   

At 1 April 2023 (1,033 )
Deficit for the year (1,657 )
At 31 March 2024 (2,690 )

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
M Albrow
Balance outstanding at start of year (1,319 ) 1,999
Amounts advanced 282 -
Amounts repaid (336 ) (3,318 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,373 ) (1,319 )

Low-Brow Limited (Registered number: 05728951)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

K N Lowrie
Balance outstanding at start of year (1,319 ) 2,000
Amounts advanced 282 -
Amounts repaid (336 ) (3,319 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,373 ) (1,319 )