General Information
Lowry Investments (NW) Limited is a private company, limited by shares, registered in England and Wales, registration number 08478916, registration address 1st Floor, NQ Building, 47 Bengal Street, Manchester, Lancashire, M4 6BB.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Investment properties |
|
Total |
| |
£ |
|
£ |
| At 01 May 2024 |
2,996,594 |
|
2,996,594 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 30 April 2025 |
2,996,594 |
|
2,996,594 |
| Depreciation |
| At 01 May 2024 |
- |
|
- |
| Charge for year |
- |
|
- |
| On disposals |
- |
|
- |
| At 30 April 2025 |
- |
|
- |
| Net book values |
| Closing balance as at 30 April 2025 |
2,996,594 |
|
2,996,594 |
| Opening balance as at 01 May 2024 |
2,996,594 |
|
2,996,594 |
|
| 4. |
Stocks
|
2025
£ |
|
2024
£ |
| Stocks |
756,012 |
|
821,483 |
|
756,012 |
|
821,483 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
17,666 |
|
507,424 |
| Other Debtors |
414,790 |
|
775,903 |
|
432,456 |
|
1,283,327 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
77,557 |
|
161,280 |
| Taxation and Social Security |
23,231 |
|
50,192 |
| Other Creditors |
3,184,083 |
|
3,877,872 |
|
3,284,871 |
|
4,089,344 |
|
| 7. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
409,959 |
|
419,947 |
|
409,959 |
|
419,947 |
|
| 8. |
Fair Value Reserves
|
2025
£ |
|
2024
£ |
| Fair Value Reserve |
(29,964) |
|
334,565 |
| Fair Value Reserve b/fwd |
1,259,840 |
|
925,275 |
|
1,229,876 |
|
1,259,840 |
|
3
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