Registered number
02337702
Laurenson Limited
Unaudited Filleted Accounts
31 March 2025
Laurenson Limited
Registered number: 02337702
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 956 1,908
Current assets
Debtors 4 511,850 513,265
Cash at bank and in hand 730,538 753,971
1,242,388 1,267,236
Creditors: amounts falling due within one year 5 (19,154) (16,666)
Net current assets 1,223,234 1,250,570
Net assets 1,224,190 1,252,478
Capital and reserves
Called up share capital 1,250 1,250
Profit and loss account 1,222,940 1,251,228
Shareholders' funds 1,224,190 1,252,478
The directors are 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 directors acknowledge their 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.
W I E Laslett
Director
Approved by the board on 10 June 2025
Laurenson Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The 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).
Tangible fixed assets
Depreciation is provided on tangible fixed assets at the following annual rates in order to write off each asset over its estimated useful life:
Office Furniture and Computers 33 ¹/3% on straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Office furniture and equipment
£
Cost or valuation
At 1 April 2024 3,459
At 31 March 2025 3,459
Depreciation
At 1 April 2024 1,551
Charge for the year 952
At 31 March 2025 2,503
Net book value
At 31 March 2025 956
At 31 March 2024 1,908
4 Debtors 2025 2024
£ £
Loan to a property development company 500,000 500,000
Accrued income 11,850 13,265
511,850 513,265
5 Creditors: amounts falling due within one year 2025 2024
£ £
Accruals 1,600 1,600
Corporation tax 17,554 15,066
19,154 16,666
6 Controlling party
The controlling party is W I E Laslett.
7 Other information
Laurenson Limited is a private company limited by shares and incorporated in England. Its registered office is:
9 Bonhill Street
London
EC2A 4DJ
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