Company registration number 10605525 (England and Wales)
LEWIS BRADSHAW ASSOCIATES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
LEWIS BRADSHAW ASSOCIATES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
LEWIS BRADSHAW ASSOCIATES LTD (REGISTERED NUMBER: 10605525)
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
4,302
5,388
Current assets
Debtors
4
147,983
204
Cash at bank and in hand
243,470
372,444
391,453
372,648
Creditors: amounts falling due within one year
5
(82,376)
(81,149)
Net current assets
309,077
291,499
Total assets less current liabilities
313,379
296,887
Provisions for liabilities
(1,076)
(1,347)
Net assets
312,303
295,540
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
312,203
295,440
Total equity
312,303
295,540

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 19 May 2025 and are signed on its behalf by:
Mr A Spanton Bradshaw
Mrs C Motion
Director
Director
LEWIS BRADSHAW ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Lewis Bradshaw Associates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 4th Floor, 399-401 Strand, London, United Kingdom, WC2R 0LT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Turnover consists of brokerage, commission and fees for the arrangement of mortgages and fees for consultancy services.

Commission and fees arising from mortgage broking activities are recognised upon the later of the effective date that the mortgage commences and the invoice date.

Other income from mortgage broking activities is recognised when it can be measured with reasonable certainty.

 

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

LEWIS BRADSHAW ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2024
2,066
9,349
11,415
Additions
121
957
1,078
At 31 March 2025
2,187
10,306
12,493
Depreciation and impairment
At 1 April 2024
1,132
4,895
6,027
Depreciation charged in the year
246
1,918
2,164
At 31 March 2025
1,378
6,813
8,191
Carrying amount
At 31 March 2025
809
3,493
4,302
At 31 March 2024
934
4,454
5,388
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
147,983
204
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
57,979
64,013
Other creditors
24,397
17,136
82,376
81,149
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