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REGISTERED NUMBER: 04692342 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

LOCKWOOD INTERNATIONAL LIMITED

LOCKWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: 04692342)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LOCKWOOD INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr J Kendrew
Mr S Kendrew
Mrs T Kendrew





SECRETARY: Mrs T Kendrew





REGISTERED OFFICE: Unit 7 Croydon Street
Domestic Street Industrial Estate
Leeds
West Yorkshire
LS11 9RT





REGISTERED NUMBER: 04692342 (England and Wales)





ACCOUNTANTS: Temporal Lennon & Company Limited
Chartered Accountants
Suite 1
1 The Crescent
Adel
Leeds
West Yorkshire
LS16 6AA

LOCKWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: 04692342)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,655 5,423
4,655 5,423

CURRENT ASSETS
Stocks 41,578 38,006
Debtors 6 24,377 21,761
Cash at bank and in hand 422,853 326,186
488,808 385,953
CREDITORS
Amounts falling due within one year 7 115,553 102,046
NET CURRENT ASSETS 373,255 283,907
TOTAL ASSETS LESS CURRENT
LIABILITIES

377,910

289,330

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 377,810 289,230
SHAREHOLDERS' FUNDS 377,910 289,330

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





Mr S Kendrew - Director


LOCKWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: 04692342)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Lockwood International 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the incorporation of the partnership formerly known as Lockwood International in 2003, is being written off evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

LOCKWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: 04692342)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 68,000
AMORTISATION
At 1 April 2024
and 31 March 2025 68,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Short Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 12,153 40,160 23,447 25,965 101,725
Additions - - - 782 782
At 31 March 2025 12,153 40,160 23,447 26,747 102,507
DEPRECIATION
At 1 April 2024 12,102 39,355 19,840 25,005 96,302
Charge for year 13 201 901 435 1,550
At 31 March 2025 12,115 39,556 20,741 25,440 97,852
NET BOOK VALUE
At 31 March 2025 38 604 2,706 1,307 4,655
At 31 March 2024 51 805 3,607 960 5,423

6. DEBTORS
31.3.25 31.3.24
£    £   
Amounts falling due within one year:
Trade debtors 16,705 12,502
Other debtors 6,054 7,578
22,759 20,080

Amounts falling due after more than one year:
Other debtors 1,618 1,681

Aggregate amounts 24,377 21,761

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 8,490 5,966
Taxation and social security 99,518 89,779
Other creditors 7,545 6,301
115,553 102,046

LOCKWOOD INTERNATIONAL LIMITED (REGISTERED NUMBER: 04692342)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Mr S Kendrew
Balance outstanding at start of year 1,423 -
Amounts advanced - 1,423
Amounts repaid (1,423 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,423

The loan accounts are interest free and repayable on demand.