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REGISTERED NUMBER: 00724914 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Lewis & Raby (Engineers) Limited

Lewis & Raby (Engineers) Limited (Registered number: 00724914)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lewis & Raby (Engineers) Limited

Company Information
for the year ended 30 September 2024







DIRECTOR: Mrs T M Raby





REGISTERED OFFICE: Birchill Road
Knowsley Industrial Park
Liverpool
Merseyside
L33 7TG





REGISTERED NUMBER: 00724914 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Ltd
13a Duke Street
Southport
Merseyside
PR8 1LS

Lewis & Raby (Engineers) Limited (Registered number: 00724914)

Balance Sheet
30 September 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 500 1,000
Tangible assets 5 9,549 30,353
10,049 31,353

CURRENT ASSETS
Stocks 14,968 8,171
Debtors 6 197,875 116,406
Investments 7 32,554 32,123
Cash at bank and in hand 2,885 94,107
248,282 250,807
CREDITORS
Amounts falling due within one year 8 (342,251 ) (185,966 )
NET CURRENT (LIABILITIES)/ASSETS (93,969 ) 64,841
TOTAL ASSETS LESS CURRENT
LIABILITIES

(83,920

)

96,194

CREDITORS
Amounts falling due after more than one year 9 (10,270 ) (20,466 )
NET (LIABILITIES)/ASSETS (94,190 ) 75,728

CAPITAL AND RESERVES
Called up share capital 26,775 26,775
Capital redemption reserve 26,825 26,825
Retained earnings (147,790 ) 22,128
SHAREHOLDERS' FUNDS (94,190 ) 75,728

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2025 and were signed by:





Mrs T M Raby - Director


Lewis & Raby (Engineers) Limited (Registered number: 00724914)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Lewis & Raby (Engineers) 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.

Significant judgements and estimates
Significant judgements and estimates are those which involve a significant risk that may cause a material adjustment to the carrying amounts of assets and liabilities from period to period. This may be because the estimate or judgement involves matters which are highly uncertain or because different estimation methods or assumptions could reasonably have been used. The only key source of estimation uncertainty is the carrying value of commodities of £30,940 included in current asset investments.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill represents the excess cost of business acquisitions over the value attributed to their net assets. The net book value of £5,000 at 1 October 2015 is being amortised evenly over the minimum anticipated economic life of 10 years from that date.

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 - 20% on reducing balance
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

Current asset investments
The investments are stated at market value.

3. EMPLOYEES AND DIRECTORS

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

Lewis & Raby (Engineers) Limited (Registered number: 00724914)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 October 2023
and 30 September 2024 62,615
AMORTISATION
At 1 October 2023 61,615
Charge for year 500
At 30 September 2024 62,115
NET BOOK VALUE
At 30 September 2024 500
At 30 September 2023 1,000

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1 October 2023 852,975 168,008 23,330 1,044,313
Disposals (278,869 ) (13,922 ) - (292,791 )
At 30 September 2024 574,106 154,086 23,330 751,522
DEPRECIATION
At 1 October 2023 828,686 163,447 21,827 1,013,960
Charge for year 1,417 676 1,503 3,596
Eliminated on disposal (261,661 ) (13,922 ) - (275,583 )
At 30 September 2024 568,442 150,201 23,330 741,973
NET BOOK VALUE
At 30 September 2024 5,664 3,885 - 9,549
At 30 September 2023 24,289 4,561 1,503 30,353

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 152,320 113,519
Other debtors 45,555 2,887
197,875 116,406

7. CURRENT ASSET INVESTMENTS

The investments consist of commodities and quoted shares at market value.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans 9,894 9,642
Trade creditors 134,168 120,807
Taxation and social security 16,565 28,623
Other creditors 181,624 26,894
342,251 185,966

Lewis & Raby (Engineers) Limited (Registered number: 00724914)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 9,270 19,466
Other creditors 1,000 1,000
10,270 20,466

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£ £
Mrs T M Raby
Balance outstanding at start of year (57 ) (307 )
Amounts advanced 70,725 55,250
Amounts repaid (28,000 ) (55,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,668 (57 )

The above balance was repaid in full within 9 months of the year end and interest has been charged at HMRC approved rates on overdrawn balances during the year..

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs T M Raby.