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COMPANY REGISTRATION NUMBER: 13120172

Lowell and Hunter Limited

Filleted Unaudited Financial Statements

31 January 2025

Lowell and Hunter Limited

Financial Statements

Year ended 31 January 2025

Contents | Pages

Balance sheet | 1

Notes to the financial statements | 2 to 3

Lowell and Hunter Limited

Balance Sheet

31 January 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 233,367 | 233,367

Current assets

Cash at bank and in hand | 45,167 | 34,115

Creditors: amounts falling due within one year | 5 | 272,502 | 253,102
| --------- | ---------
Net current liabilities | 227,335 | 218,987
| --------- | ---------
Total assets less current liabilities | 6,032 | 14,380
| ------- | --------
Net assets | 6,032 | 14,380
| ------- | --------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 5,932 | 14,280
| ------- | --------
Shareholders funds | 6,032 | 14,380
| ------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 12 October 2025 , and are signed on behalf of the board by:

Miss J Lowell | Mr K M Hunter
Director | Director

Company registration number: 13120172

Lowell and Hunter Limited

Notes to the Financial Statements

Year ended 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29 King Street, Newcastle-under-Lyme, Staffordshire, ST5 1ER. The company registration number is 13120172 .
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Revenue recognition
The turnover shown in the profit and loss accounts represents amounts invoiced for rents due during the year.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Investment property
Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are include din the profit and loss in the period in which they arise. Investment properties whose fair value cannot be measured reliably without undue cost or effort on an ongoing basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objectives evidence that the asset is impaired. Cash at bank and in hand This comprises cash at bank and in hand. Trade creditors Trade creditors are not interest bearing and are stated at their nominal value.
4. Tangible assets

| Investment property
| £
Cost |
At 1 February 2024 and 31 January 2025 | 233,367
| ---------
Depreciation |
At 1 February 2024 and 31 January 2025 | –
| ---------
Carrying amount |
At 31 January 2025 | 233,367
| ---------
At 31 January 2024 | 233,367
| ---------

The investment properties were purchased during 2022 and fair value as at 31 January 2025 has been assessed by the directors to be equivalent to cost.
5. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 2,967 | 3,048
Other creditors | 269,535 | 250,054
| --------- | ---------
| 272,502 | 253,102
| --------- | ---------

6. Employee numbers
The average number of persons employed by the company during the year amounted to nil (2024: nil)