REGISTERED NUMBER: 00076221 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Lewis & Cooper Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Gearey

Ms L M I Omahen

J L Hindley

Mrs K Smith

SECRETARY:

Ms G Gearey

REGISTERED OFFICE:

92 High Street

Northallerton

North Yorkshire

DL7 8PT

REGISTERED NUMBER:

00076221 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

866,685

882,217

Investments

5

2,499

2,211

869,184

884,428

CURRENT ASSETS

Stocks

134,810

124,828

Debtors

6

2,663

3,449

Cash at bank and in hand

229,496

246,927

366,969

375,204

CREDITORS

Amounts falling due within one year

7

149,558

164,719

NET CURRENT ASSETS

217,411

210,485

TOTAL ASSETS LESS CURRENT LIABILITIES

1,086,595

1,094,913

CREDITORS

Amounts falling due after more than one year

8

164,254

218,205

NET ASSETS

922,341

876,708

CAPITAL AND RESERVES

Called up share capital

10

9,626

9,626

Share premium

5,213

5,213

Revaluation reserve

11

694,220

694,220

Retained earnings

213,282

167,649

SHAREHOLDERS' FUNDS

922,341

876,708

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

J L Hindley - Director

1.	STATUTORY INFORMATION

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

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of VAT and trade discounts.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuations less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives as follows:

Freehold property

- not depreciated

Plant and machinery

- 16% reducing balance

Motor vehicles

- 25% reducing balance

Computer equipment (and office equipment)

- 25% reducing balance, 10% straight line, 33% straight line

Where freehold property is not depreciated, the asset is reviewed for impairment at the end of each reporting period.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Loans & borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at amortised cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2024 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

795,000

173,039

306,481

1,274,520

Additions

-

2,043

-

2,043

At 31 March 2025

795,000

175,082

306,481

1,276,563

DEPRECIATION

At 1 April 2024

-

118,331

273,972

392,303

Charge for year

-

9,116

8,459

17,575

At 31 March 2025

-

127,447

282,431

409,878

NET BOOK VALUE

At 31 March 2025

795,000

47,635

24,050

866,685

At 31 March 2024

795,000

54,708

32,509

882,217

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 1968

19,048

-

19,048

Valuation in 2013

935,455

-

935,455

Valuation in 2022

(305,000

)

-

(305,000

)

Cost

145,497

481,563

627,060

795,000

481,563

1,276,563

If freehold property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

145,497

145,497

Freehold property was valued on an open market basis on 25 October 2022 by Lambert Smith Hampton .

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

2,211

Revaluations

288

At 31 March 2025

2,499

NET BOOK VALUE

At 31 March 2025

2,499

At 31 March 2024

2,211

Other investments include shares held in a listed company. These shares are shown at market value at the year end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7

1,189

Other debtors

2,656

2,260

2,663

3,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,482

49,092

Finance leases

2,052

2,052

Trade creditors

69,436

67,904

Taxation and social security

10,163

10,814

Other creditors

17,425

34,857

149,558

164,719

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

164,254

216,153

Finance leases

-

2,052

164,254

218,205

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

214,736

265,245

Finance leases

2,052

4,104

216,788

269,349

The bank loan is secured by way of legal mortgage over the company's assets.

Finance lease liabilities are secured on the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

9,626

Ordinary

£1

9,626

9,626

11.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

694,220