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REGISTERED NUMBER: 07361682 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

THE LONDON SAW COMPANY LIMITED

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LONDON SAW COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Jenna Nightingale
Byron John Crowley





REGISTERED OFFICE: 467 Raiham Road South
Dagenham
Essex
RM10 7XJ





REGISTERED NUMBER: 07361682 (England and Wales)





ACCOUNTANTS: Pickering Evennett Limited
467 Rainham Road South
Dagenham
Essex
RM10 7XJ

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 45,716 49,964

CURRENT ASSETS
Debtors 5 82,211 64,257
Cash at bank and in hand 30,725 17,131
112,936 81,388
CREDITORS
Amounts falling due within one year 6 73,825 60,592
NET CURRENT ASSETS 39,111 20,796
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,827

70,760

CREDITORS
Amounts falling due after more than one
year

7

(47,071

)

(23,701

)

PROVISIONS FOR LIABILITIES (1,488 ) (383 )
NET ASSETS 36,268 46,676

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,168 46,576
SHAREHOLDERS' FUNDS 36,268 46,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





Jenna Nightingale - Director


THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

The London Saw Company 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 270,634 164,033 5,630 440,297
Additions - 20,390 2,707 23,097
At 30 September 2024 270,634 184,423 8,337 463,394
DEPRECIATION
At 1 October 2023 250,317 134,386 5,630 390,333
Charge for year 7,602 19,201 542 27,345
At 30 September 2024 257,919 153,587 6,172 417,678
NET BOOK VALUE
At 30 September 2024 12,715 30,836 2,165 45,716
At 30 September 2023 20,317 29,647 - 49,964

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 20,390
At 30 September 2024 20,390
DEPRECIATION
Charge for year 4,078
At 30 September 2024 4,078
NET BOOK VALUE
At 30 September 2024 16,312

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 53,095 64,257
Directors' current accounts 29,116 -
82,211 64,257

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,026 5,354
Hire purchase contracts 6,117 -
Trade creditors 4,128 5,630
Tax 9,668 9,715
Social security and other taxes 2,002 1,311
VAT 26,764 33,756
Other creditors - 39
Directors' current accounts - 67
Accrued expenses 5,120 4,720
73,825 60,592

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 34,837 23,701
Hire purchase contracts 12,234 -
47,071 23,701

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 18,351 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Jenna Nightingale
Balance outstanding at start of year (67 ) (251 )
Amounts advanced 79,183 40,684
Amounts repaid (50,000 ) (40,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,116 (67 )

Dividends of £50,000 were credited to the directors loan account during the year.

THE LONDON SAW COMPANY LIMITED (REGISTERED NUMBER: 07361682)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Jenna Nightingale.