Registered number
03245667
Lawford Developments Limited
Filleted Abridged Accounts
25 August 2024
Lawford Developments Limited
Registered number: 03245667
Abridged Balance Sheet
as at 25 August 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 1,227 2,614
Creditors: amounts falling due within one year (34,626) (33,676)
Net current liabilities (33,399) (31,062)
Net liabilities (33,399) (31,062)
Capital and reserves
Called up share capital 2 2
Profit and loss account (33,401) (31,064)
Shareholders' funds (33,399) (31,062)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.
Bhupinder Singh Anand
Director
Approved by the board on 21 May 2025
Lawford Developments Limited
Notes to the Abridged Accounts
for the year ended 25 August 2024
1 Accounting policies
Basis of preparation
The abridged accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Going concern
After making enquiries, I have formed a judgment, at the time of approving the financial
statements, that there is a reasonable expectation that the company has adequate resources to
continue in operational existence for the foreseeable future. For this reason, I adopt the going
concern basis in preparing the financial statements.
4 Other information
Lawford Developments Limited is a private company limited by shares and incorporated in England. Its registered office is:
Sandpit Farm Marton Road
Long Itchington
Southam
Warwickshire
CV47 9QA
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