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Registration number: 14504101

LWS Group Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

LWS Group Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Unaudited Financial Statements

3 to 5

 

LWS Group Limited

Company Information

Director

L Walshe

Registered office

Unit 11 Boundary Business Court
Church Road
Mitcham
CR4 3TD

Accountants

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

LWS Group Limited

Statement of Financial Position as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

101

101

Current assets

 

Debtors

5

46,029

16,379

Creditors: Amounts falling due within one year

6

(12,440)

(3,600)

Net current assets

 

33,589

12,779

Net assets

 

33,690

12,880

Capital and reserves

 

Called up share capital

1,001

1,001

Retained earnings

32,689

11,879

Shareholders' funds

 

33,690

12,880

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 14 July 2025
 

.........................................

L Walshe

Director

Company registration number: 14504101

 

LWS Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 11 Boundary Business Court
Church Road
Mitcham
CR4 3TD

The principal activity of the company is that of an investment holding company.

2

Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Group accounts not prepared

In accordance with section 399 of Companies Act 2006, exemption has been taken from preparing consolidated financial statements on the basis that the company and its subsidiary undertakings comprise a small group.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 30 September 2024 and had net assets at that date of £33,690.

The company has few fixed overheads. The company's main trading subsidiary is profitable and the director anticipates that it will continue to support the company's working capital requirements for the foreseeable future.

On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

LWS Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4

Investments

2024
£

2023
£

Investments in subsidiaries

101

101

Subsidiaries

£

Cost or valuation

At 1 October 2023

101

Provision

Carrying amount

At 30 September 2024

101

At 30 September 2023

101

 

LWS Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Debtors

2024
£

2023
£

Other debtors

46,029

16,379

46,029

16,379

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

1,500

3,600

Taxation and social security

4,940

-

Accruals and deferred income

6,000

-

12,440

3,600

7

Related party transactions

In accordance with FRS 102 paragraph 1AC.35, exemption is taken not to disclose transactions or amounts falling due between companies wholly controlled within the group.

At 30 September 2024 an amount of £1,000 (2023: £1,000) was due from the director. No interest has been charged and there are no terms in place.

8

Non adjusting events after the financial period

Subsequent to the year end dividends amounting to £115,000 were paid.