Company registration number: 11270279
Unaudited financial statements
for the year ended 31 March 2025
for
K Lawton Limited
Pages for filing with the Registrar
Company registration number: 11270279
K Lawton Limited
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 2,342 2,855
2,342 2,855
Current assets
Debtors 50,340 39,262
Cash at bank and in hand 29,748 3,659
80,088 42,921
Creditors: amounts falling due within one
year
(76,311) (42,202)
Net current assets 3,777 719
Total assets less current liabilities 6,119 3,574
Creditors: Amounts falling due after more
than one year
(843) (2,843)
Provisions for liabilities (445) (261)
NET ASSETS 4,831 470
Capital and reserves
Called up share capital 10 10
Profit and loss account 4,821 460
TOTAL EQUITY 4,831 470
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11270279
K Lawton Limited
Balance sheet - continued
as at 31 March 2025
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 to the Registrar.
Signed by:
K Lawton, Director
14 July 2025
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K Lawton Limited
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
K Lawton Limited is a private company registered in England and Wales. Its registered number is 11270279. The company is limited by shares. Its registered office is Sasha Associates, 6 Pennine Parade, London, London, NW2 1NT.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 etc.:
Plant and machinery - 18% reducing balance
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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.
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K Lawton Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Deferred taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 5,741
At 31 March 2025 5,741
Depreciation
At 1 April 2024 2,886
Charge for year 513
At 31 March 2025 3,399
Net book value
At 31 March 2025 2,342
At 31 March 2024 2,855
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K Lawton Limited
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Balance outstanding at start of year 12,008 11,073
Amounts advanced - 935
Amounts repaid (12,008) -
Balance outstanding at end of year - 12,008
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