Lawsons Playzones & Groundworks Ltd - Accounts to registrar (filleted)

LAWSONS PLAYZONES & GROUNDWORKS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I B Lawson

Miss A Emmott

REGISTERED OFFICE:

Unit 1B Howden Hall Industrial Estate

Howden Road

Silsden

West Yorkshire

BD20 0HJ

REGISTERED NUMBER:

06138528 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

70,028

65,644

70,028

65,644

CURRENT ASSETS

Stocks

4,138

3,050

Debtors

6

125,954

136,026

Cash at bank

82,950

136,587

213,042

275,663

CREDITORS

Amounts falling due within one year

7

34,905

23,557

NET CURRENT ASSETS

178,137

252,106

TOTAL ASSETS LESS CURRENT LIABILITIES

248,165

317,750

PROVISIONS FOR LIABILITIES

8

5,973

9,779

NET ASSETS

242,192

307,971

CAPITAL AND RESERVES

Called up share capital

9

101

Retained earnings

242,091

307,870

SHAREHOLDERS' FUNDS

242,192

307,971

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

I B Lawson - Director

1.	STATUTORY INFORMATION

Lawsons Playzones & Groundworks Ltd 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.

In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

80,000

AMORTISATION

At 1 April 2024

and 31 March 2025

80,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

16,627

14,636

145,310

2,881

179,454

Additions

-

1,690

24,099

-

25,789

At 31 March 2025

16,627

16,326

169,409

2,881

205,243

DEPRECIATION

At 1 April 2024

15,935

11,840

83,155

2,880

113,810

Charge for year

173

673

20,559

-

21,405

At 31 March 2025

16,108

12,513

103,714

2,880

135,215

NET BOOK VALUE

At 31 March 2025

519

3,813

65,695

1

70,028

At 31 March 2024

692

2,796

62,155

1

65,644

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

54,313

72,130

Other debtors

52,500

50,000

Tax

2,241

-

VAT

7,797

5,148

Prepayments

9,103

8,748

125,954

136,026

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

15,235

6,098

Tax

-

2,241

Social security and other taxes

5,336

5,723

Other creditors

9,902

6,931

Directors' current accounts

1,972

219

Accrued expenses

2,460

2,345

34,905

23,557

Loans from directors are interest free and repayable on demand.

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

Deferred tax

5,973

9,779

Deferred

tax

£

Balance at 1 April 2024

9,779

Accelerated capital allowances

(3,806

)

Balance at 31 March 2025

5,973

The entire provision for deferred taxation is in respect of accelerated capital allowances.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

1

A Ordinary

£1

1

101

10.	ULTIMATE CONTROLLING PARTY

The controlling party is I B Lawson.