2024-04-01 SC416765 2025-03-31 SC416765 2024-04-01 2025-03-31 SC416765 2024-03-31 SC416765 2023-04-01 2024-03-31 SC416765 uk-core:WithinOneYear 2024-03-31 SC416765 uk-core:WithinOneYear 2025-03-31 SC416765 uk-core:AfterOneYear 2024-03-31 SC416765 uk-core:AfterOneYear 2025-03-31 SC416765 uk-core:ShareCapital 2025-03-31 SC416765 uk-core:ShareCapital 2024-03-31 SC416765 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC416765 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC416765 uk-bus:Director1 2024-04-01 2025-03-31 SC416765 uk-core:NetGoodwill 2024-04-01 2025-03-31 SC416765 uk-core:ComputerEquipment 2024-04-01 2025-03-31 SC416765 uk-core:CommercialMotorVehicles 2024-04-01 2025-03-31 SC416765 uk-core:Goodwill 2024-03-31 SC416765 uk-core:Goodwill 2025-03-31 iso4217:GBP xbrli:pure SC416765 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC416765 uk-bus:FRS102 2024-04-01 2025-03-31 SC416765 uk-bus:FullAccounts 2024-04-01 2025-03-31 SC416765 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31
William Lewis and Son Limited
Registered Number:SC416765
For the year ended 31 March 2025
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2025
William Lewis and Son Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC416765
As at 31 March 2025
William Lewis and Son Limited
Statement of Financial Position
£
£
2024
2025
Notes
Current assets
Trade and other receivables
-
1,692
3
48,556
Cash and cash equivalents
-
1,692
48,556
Trade and other payables: amounts falling due within one
year
(14,271)
-
4
34,285
1,692
Net current assets
Total assets less current liabilities
1,692
34,285
Trade and other payables: amounts falling due after more
than one year
(20,702)
-
5
1,692
Net assets
13,583
Capital and reserves
Called up share capital
100
100
Retained earnings
1,592
13,483
1,692
13,583
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr I R Lewis Director
These financial statements were approved and authorised for issue by the Board on 12 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2025
William Lewis and Son Limited
Notes to the Financial Statements
Statutory Information
William Lewis and Son Limited is a private limited company, limited by shares, domiciled in Scotland, registration
number SC416765.
Registered address:
Whitehouse Road
Springkerse
Stirlimg
FK7 7SP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 March 2025
William Lewis and Son Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2024
20,000
At 31 March 2025
20,000
Amortisation
At 01 April 2024
20,000
At 31 March 2025
20,000
Net book value
At 31 March 2025
-
At 31 March 2024
-
3. Trade and other receivables
2024
2025
£
£
Other debtors
1,692
-
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
-
862
Taxation and social security
-
8,992
Other creditors
-
4,417
-
14,271
5. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Other creditors
-
20,702
6. Average number of persons employed
During the year the average number of employees was 1 (2024 : 3)
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