Company Registration No. 04665429 (England and Wales)
Lawson (Plymouth) Limited
Unaudited accounts
for the year ended 31 December 2024
Lawson (Plymouth) Limited
Unaudited accounts
Contents
Lawson (Plymouth) Limited
Company Information
for the year ended 31 December 2024
Director
Mr Darren James Lawson
Secretary
Mr Darren James Lawson
Company Number
04665429 (England and Wales)
Registered Office
Lawson Estate Agents
3-5 Woolwell Crescent
Plymouth
Devon
PL6 7RB
England
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Lawson (Plymouth) Limited
Statement of financial position
as at 31 December 2024
Tangible assets
9,098
12,039
Cash at bank and in hand
(48,435)
23,428
Creditors: amounts falling due within one year
(49,142)
(83,760)
Net current liabilities
(80,218)
(29,417)
Total assets less current liabilities
(71,120)
(17,378)
Creditors: amounts falling due after more than one year
(3,951)
(13,950)
Provisions for liabilities
Net liabilities
(76,335)
(31,923)
Called up share capital
5,001
5,001
Profit and loss account
(81,336)
(36,924)
Shareholders' funds
(76,335)
(31,923)
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 director acknowledges his 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 and authorised for issue on 16 September 2025 and were signed on its behalf by
Mr Darren James Lawson
Director
Company Registration No. 04665429
Lawson (Plymouth) Limited
Notes to the Accounts
for the year ended 31 December 2024
Lawson (Plymouth) Limited is a private company, limited by shares, registered in England and Wales, registration number 04665429. The registered office is Lawson Estate Agents, 3-5 Woolwell Crescent, Plymouth, Devon, PL6 7RB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
Land & buildings
8 Years Straight Line (Leasehold Property)
Motor vehicles
25% Reducing Balance Basis
Fixtures & fittings
20% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Other tangible fixed assets
20% Reducing Balance Basis (Property Improvements)
Lawson (Plymouth) Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
140,415
23,200
55,536
45,132
264,283
At 31 December 2024
140,415
23,200
55,536
45,132
264,283
At 1 January 2024
137,756
20,287
54,157
40,044
252,244
Charge for the year
665
728
276
1,272
2,941
At 31 December 2024
138,421
21,015
54,433
41,316
255,185
At 31 December 2024
1,994
2,185
1,103
3,816
9,098
At 31 December 2023
2,659
2,913
1,379
5,088
12,039
Amounts falling due within one year
Trade debtors
17,359
23,806
Accrued income and prepayments
-
7,109
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
14,826
7,344
Amounts owed to group undertakings and other participating interests
-
11,270
Taxes and social security
6,073
6,333
Loans from directors
9,898
39,112
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 11 (2023: 10).