A P Lewis & Sons Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00232557

A P LEWIS & SONS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 March 2025

A P LEWIS & SONS LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		198,910		136,056

CURRENT ASSETS

Debtors	6	2,527,474	2,197,238
Cash at bank and in hand		400,747	48,654
		------------	------------
		2,928,221	2,245,892

CREDITORS: amounts falling due within one year	7	2,343,207		1,702,083
		------------		------------
NET CURRENT ASSETS			585,014		543,809
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			783,924		679,865

PROVISIONS	49,728	34,014
	---------	---------
NET ASSETS	734,196	645,851
	---------	---------

CAPITAL AND RESERVES

Called up share capital	3,000	3,000
Profit and loss account	731,196	642,851
	---------	---------
SHAREHOLDERS FUNDS	734,196	645,851
	---------	---------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 March 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 .

A P LEWIS & SONS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 1 December 2025 , and are signed on behalf of the board by:

Mr A J Lewis

Director

Company registration number: 00232557

A P LEWIS & SONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 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 Alfred House, Orion Way, Kettering, Northamptonshire, NN15 6NL.

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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred. When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with a corresponding provision for an onerous contract being recognised.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold Improvements	-	10% straight line
Plant & Machinery	-	15% reducing balance
Motor Vehicles	-	25% reducing balance
Equipment	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 13 (2024: 13 ).

5. TANGIBLE ASSETS

	Leasehold improvements	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	49,800	250,986	208,398	997	510,181
Additions	–	67,975	54,691	–	122,666
Disposals	–	( 31,500)	–	–	( 31,500)
	--------	---------	---------	----	---------
At 31 March 2025	49,800	287,461	263,089	997	601,347
	--------	---------	---------	----	---------
Depreciation
At 1 April 2024	49,800	209,502	114,524	299	374,125
Charge for the year	–	8,656	24,462	100	33,218
Disposals	–	( 18,380)	13,474	–	( 4,906)
	--------	---------	---------	----	---------
At 31 March 2025	49,800	199,778	152,460	399	402,437
	--------	---------	---------	----	---------
Carrying amount
At 31 March 2025	–	87,683	110,629	598	198,910
	--------	---------	---------	----	---------
At 31 March 2024	–	41,484	93,874	698	136,056
	--------	---------	---------	----	---------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	239,480	95,471
Amounts owed by group undertakings and undertakings in which the company has a participating interest	2,258,703	2,063,253
Other debtors	29,291	38,514
	------------	------------
	2,527,474	2,197,238
	------------	------------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	( 121,569)	146,093
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2,349,311	1,538,332
Corporation tax	13,196	–
Social security and other taxes	49,469	14,858
Other creditors	52,800	2,800
	------------	------------
	2,343,207	1,702,083
	------------	------------

8. RELATED PARTY TRANSACTIONS

As a wholly owned subsidiary of Bigstream Limited, the company is exempt in accordance with the Financial Reporting Standard 102 to disclose transactions with other 100% members of the group headed by Bigstream Limited. A director has advanced monies to the company. At 31 March 2025 the amount owed by the company was £50,000 (2024 - £nil).