Company Registration No. 04627544 (England and Wales)
Ball & Lawton Limited
Unaudited accounts
for the year ended 28 February 2025
Ball & Lawton Limited
Unaudited accounts
Contents
Ball & Lawton Limited
Company Information
for the year ended 28 February 2025
Directors
L W Ball
A Lawton
O Lawton
Company Number
04627544 (England and Wales)
Registered Office
OFFICE 14 MABLETHORPE BUSINESS CENTRE
ENTERPRISE ROAD
MABLETHORPE
LINCS
LN12 1NB
ENGLAND
Accountants
Bob Stevens Management Ltd
46 Eltham Road
West Bridgford
Nottingham,
NG7 6LB
Ball & Lawton Limited
Statement of financial position
as at 28 February 2025
Intangible assets
48,000
-
Tangible assets
25,427
33,903
Cash at bank and in hand
20,025
92,936
Creditors: amounts falling due within one year
(87,150)
(156,016)
Net current assets
881
35,609
Total assets less current liabilities
74,308
69,512
Creditors: amounts falling due after more than one year
(3,980)
(14,116)
Provisions for liabilities
Deferred tax
(6,357)
(5,131)
Called up share capital
150
150
Profit and loss account
63,821
50,115
Shareholders' funds
63,971
50,265
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2025 and were signed on its behalf by
O Lawton
Director
Company Registration No. 04627544
Ball & Lawton Limited
Notes to the Accounts
for the year ended 28 February 2025
Ball & Lawton Limited is a private company, limited by shares, registered in England and Wales, registration number 04627544. The registered office is OFFICE 14 MABLETHORPE BUSINESS CENTRE, ENTERPRISE ROAD, MABLETHORPE, LINCS, LN12 1NB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Straight Line 15 Years
4
Intangible fixed assets
Goodwill
At 28 February 2025
111,000
Charge for the year
12,000
At 28 February 2025
63,000
At 28 February 2025
48,000
Ball & Lawton Limited
Notes to the Accounts
for the year ended 28 February 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
2,112
98,141
287
100,540
At 28 February 2025
2,112
98,141
287
100,540
At 1 March 2024
2,007
64,343
287
66,637
Charge for the year
26
8,450
-
8,476
At 28 February 2025
2,033
72,793
287
75,113
At 28 February 2025
79
25,348
-
25,427
At 29 February 2024
105
33,798
-
33,903
Amounts falling due within one year
Trade debtors
53,006
92,204
Accrued income and prepayments
-
1,485
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
5,534
61,656
Taxes and social security
57,257
52,103
Loans from directors
3,900
15,000
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).