IRIS Accounts Production v25.1.0.734 06662972 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066629722023-08-31066629722024-08-31066629722023-09-012024-08-31066629722022-08-31066629722022-09-012023-08-31066629722023-08-3106662972ns15:EnglandWales2023-09-012024-08-3106662972ns14:PoundSterling2023-09-012024-08-3106662972ns10:Director12023-09-012024-08-3106662972ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3106662972ns10:SmallEntities2023-09-012024-08-3106662972ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3106662972ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3106662972ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106662972ns10:FullAccounts2023-09-012024-08-3106662972ns10:Director22023-09-012024-08-3106662972ns10:RegisteredOffice2023-09-012024-08-3106662972ns5:CurrentFinancialInstruments2024-08-3106662972ns5:CurrentFinancialInstruments2023-08-3106662972ns5:Non-currentFinancialInstruments2024-08-3106662972ns5:Non-currentFinancialInstruments2023-08-3106662972ns5:ShareCapital2024-08-3106662972ns5:ShareCapital2023-08-3106662972ns5:RevaluationReserve2024-08-3106662972ns5:RevaluationReserve2023-08-3106662972ns5:RetainedEarningsAccumulatedLosses2024-08-3106662972ns5:RetainedEarningsAccumulatedLosses2023-08-3106662972ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3106662972ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-3106662972ns5:Secured2024-08-3106662972ns5:Secured2023-08-31
REGISTERED NUMBER: 06662972 (England and Wales)



















Financial Statements

for the Year Ended 31 August 2024

for

Lawlock Estates Limited

Lawlock Estates Limited (Registered number: 06662972)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lawlock Estates Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr F T Lo
Mr P Carrington





REGISTERED OFFICE: Flat 1 Aetheris Court
Mayfield Road
Ashbourne
Derbyshire
DE6 1AS





REGISTERED NUMBER: 06662972 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Lawlock Estates Limited (Registered number: 06662972)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 360,000 420,000

CURRENT ASSETS
Cash at bank 2,604 817

CREDITORS
Amounts falling due within one year 5 293,907 283,385
NET CURRENT LIABILITIES (291,303 ) (282,568 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,697

137,432

CREDITORS
Amounts falling due after more than one
year

6

53,405

64,330
NET ASSETS 15,292 73,102

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve - 5,683
Retained earnings 15,192 67,319
SHAREHOLDERS' FUNDS 15,292 73,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Lawlock Estates Limited (Registered number: 06662972)

Balance Sheet - continued
31 August 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





Mr P Carrington - Director


Lawlock Estates Limited (Registered number: 06662972)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Lawlock Estates 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is the value of rents receivable, which is recognised in accordance with lease terms.

Investment property
Investment property is not depreciated but revalued annually at its fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and transferred to a fair value reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 420,000
Revaluation (60,000 )
At 31 August 2024 360,000
NET BOOK VALUE
At 31 August 2024 360,000
At 31 August 2023 420,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 360,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 414,317 414,317
Aggregate depreciation (124,290 ) (116,004 )

Investment property was valued on a fair value basis on 31 August 2024 by the directors .

Lawlock Estates Limited (Registered number: 06662972)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,217 13,728
Tax 434 -
Directors' current accounts 269,937 260,607
Accrued expenses 9,319 9,050
293,907 283,385

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - over 1 year 53,405 64,330

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 67,622 78,058

Loans are secured against the Investment Property held by the company at the reporting date.