1 January 2024 false No description of principal activity Taxfiler 2024.6 02230201business:PrivateLimitedCompanyLtd2024-01-012024-12-31 022302012023-12-31 022302012024-01-012024-12-31 02230201business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 02230201business:FilletedAccounts2024-01-012024-12-31 022302012024-12-31 02230201business:Director12024-01-012024-12-31 02230201business:Director22024-01-012024-12-31 02230201business:RegisteredOffice2024-01-012024-12-31 022302012023-12-31 02230201core:WithinOneYear2024-12-31 02230201core:WithinOneYear2023-12-31 02230201core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 02230201core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 02230201core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 02230201core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 02230201core:PreviouslyStatedAmount2024-12-31 02230201core:PreviouslyStatedAmount2023-12-31 02230201business:SmallEntities2024-01-012024-12-31 02230201countries:EnglandWales2024-01-012024-12-31 02230201core:PlantMachinery2024-01-012024-12-31 02230201core:MotorVehicles2024-01-012024-12-31 02230201core:FurnitureFittings2024-01-012024-12-31 02230201core:ComputerEquipment2024-01-012024-12-31 02230201core:PlantMachinery2023-12-31 02230201core:MotorVehicles2023-12-31 02230201core:FurnitureFittings2023-12-31 02230201core:ComputerEquipment2023-12-31 02230201core:PlantMachinery2024-12-31 02230201core:MotorVehicles2024-12-31 02230201core:FurnitureFittings2024-12-31 02230201core:ComputerEquipment2024-12-31 02230201core:AfterOneYear2024-01-012024-12-31 022302012023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 02230201 (England and Wales)
LAWSON & COWELL LTD Unaudited accounts for the year ended 31 December 2024
LAWSON & COWELL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
LAWSON & COWELL LTD Company Information for the year ended 31 December 2024
Directors
Mr C T Lawson Mr D Cowell
Company Number
02230201 (England and Wales)
Registered Office
1 JESMOND BUSINESS COURT JESMOND ROAD NEWCASTLE UPON TYNE NE2 1LA ENGLAND
Accountants
G W Accountants Ltd 1 Jesmond Business Court 217 Jesmond Road Newcastle upon Tyne NE2 1LA
- 3 -
LAWSON & COWELL LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
314,191 
388,757 
Current assets
Inventories
23,775 
21,420 
Debtors
5
445,693 
852,442 
Cash at bank and in hand
2,189,710 
1,893,350 
2,659,178 
2,767,212 
Creditors: amounts falling due within one year
6
(461,835)
(755,852)
Net current assets
2,197,343 
2,011,360 
Total assets less current liabilities
2,511,534 
2,400,117 
Provisions for liabilities
Deferred tax
(70,959)
(93,975)
Net assets
2,440,575 
2,306,142 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,440,573 
2,306,140 
Shareholders' funds
2,440,575 
2,306,142 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by
Mr C T Lawson Director Company Registration No. 02230201
- 4 -
LAWSON & COWELL LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
LAWSON & COWELL LTD is a private company, limited by shares, registered in England and Wales, registration number 02230201. The registered office is 1 JESMOND BUSINESS COURT, JESMOND ROAD, NEWCASTLE UPON TYNE, NE2 1LA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
20,331 
839,432 
23,243 
39,941 
922,947 
Additions
- 
22,235 
6,888 
1,572 
30,695 
Disposals
- 
(52,740)
- 
(863)
(53,603)
At 31 December 2024
20,331 
808,927 
30,131 
40,650 
900,039 
Depreciation
At 1 January 2024
16,168 
470,214 
19,710 
28,098 
534,190 
Charge for the year
558 
96,451 
1,043 
1,341 
99,393 
On disposals
- 
(47,092)
- 
(643)
(47,735)
At 31 December 2024
16,726 
519,573 
20,753 
28,796 
585,848 
Net book value
At 31 December 2024
3,605 
289,354 
9,378 
11,854 
314,191 
At 31 December 2023
4,163 
369,218 
3,533 
11,843 
388,757 
- 5 -
LAWSON & COWELL LTD Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
23,526 
70,591 
Trade debtors
379,795 
747,175 
Accrued income and prepayments
34,757 
33,997 
Other debtors
7,615 
679 
445,693 
852,442 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
122,658 
378,657 
Taxes and social security
266,679 
338,940 
Other creditors
12,180 
7,736 
Loans from directors
58,981 
29,023 
Accruals
1,337 
1,496 
461,835 
755,852 
Santander UK PLC holds a debenture dated 12 June 2019 providing it with a fixed and floating charge over the assets of the company.
8
Transactions with related parties
The company was under the joint control of Mr D Cowell and Mr C T Lawson throughout the current and previous year, both of whom are directors and 50% shareholders in the company.
9
Average number of employees
During the year the average number of employees was 40 (2023: 40).
- 6 -