David Lawrence Consultants Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06586843 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DAVID LAWRENCE CONSULTANTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Dr D R Lawrence

SECRETARY:

Dr D R Lawrence

REGISTERED OFFICE:

2 Jardine House

The Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

06586843 (England and Wales)

ACCOUNTANTS:

Barber & Company

A trading name of PCM Accounting Limited

2 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Intangible assets

4

-

26,667

Property, plant and equipment

5

46,306

52,726

Investments

6

1,168,676

1,110,762

1,214,982

1,190,155

CURRENT ASSETS

Debtors

7

184,962

183,882

Cash at bank

676,150

536,763

861,112

720,645

CREDITORS

Amounts falling due within one year

8

74,185

117,268

NET CURRENT ASSETS

786,927

603,377

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,001,909

1,793,532

PROVISIONS FOR LIABILITIES

9

11,388

13,182

NET ASSETS

1,990,521

1,780,350

CAPITAL AND RESERVES

Called up share capital

10

1

Retained earnings

1,990,520

1,780,349

SHAREHOLDERS' FUNDS

1,990,521

1,780,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2025 and were signed by:

Dr D R Lawrence - Director

1.	STATUTORY INFORMATION

David Lawrence Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared in accordance with applicable accounting standards. The particular accounting policies adopted are described below.

TURNOVER

Turnover represents net invoiced fees receivable, excluding value added tax.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of fifteen years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over 6 years

Computer and office equipment

-

33% on reducing balance

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at cost.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FIXED ASSET INVESTMENTS

Investments held as fixed assets are stated at cost less any provisions for impairment. Investments are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairments are calculated such that the carrying value of the fixed asset investment is the lower of its cost or recoverable amount. Recoverable amount is the higher of its net realisable value and its value-in-use.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

400,000

AMORTISATION

At 1 April 2024

373,333

Amortisation for year

26,667

At 31 March 2025

400,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

26,667

5.	PROPERTY, PLANT AND EQUIPMENT

Computer

Improvements

and

to

office

property

equipment

Totals

£

COST

At 1 April 2024

88,202

182,669

270,871

Additions

-

9,516

At 31 March 2025

88,202

192,185

280,387

DEPRECIATION

At 1 April 2024

52,786

165,359

218,145

Charge for year

7,083

8,853

15,936

At 31 March 2025

59,869

174,212

234,081

NET BOOK VALUE

At 31 March 2025

28,333

17,973

46,306

At 31 March 2024

35,416

17,310

52,726

6.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST OR VALUATION

At 1 April 2024

1,110,762

Additions

50,000

Share of profit/(loss)

20,103

Revaluations

(14,880

)

Dividends received

2,691

At 31 March 2025

1,168,676

NET BOOK VALUE

At 31 March 2025

1,168,676

At 31 March 2024

1,110,762

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Unlisted

undertakings

investments

Totals

£

Valuation in 2021

-

(1,168

)

(1,168

)

Valuation in 2022

-

(1,762

)

(1,762

)

Valuation in 2023

-

(10,638

)

(10,638

)

Valuation in 2024

(100

)

33,092

32,992

Valuation in 2025

-

7,914

Cost

100

1,141,238

1,141,338

-

1,168,676

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

Trade debtors

71,587

66,753

Other debtors

106,059

117,129

Directors' current accounts

7,316

-

184,962

183,882

The overdrawn directors' current account was repaid within 9 months of the year-end.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

as restated

£

Corporation tax

64,674

80,550

Social security and other taxes

6,691

5,395

Directors' current accounts

-

28,503

Accruals and deferred income

2,820

74,185

117,268

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

as restated

£

Deferred tax

11,388

13,182

Deferred

tax

£

Balance at 1 April 2024

13,182

Provided during year

(1,794

)

Balance at 31 March 2025

11,388

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

as restated

£

1

Ordinary

£1

1

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr DR Lawrence, its sole director and shareholder.