REGISTERED NUMBER: 06919337 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

FOSTER LEWIS AND CO LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Foster

REGISTERED OFFICE:

1&2 Mercia Village

Torwood Close

Westwood Business Park

Coventry

West Midlands

CV4 8HX

REGISTERED NUMBER:

06919337 (England and Wales)

ACCOUNTANTS:

Armstrongs

Chartered Accountants and Tax Advisors

Gethin House

36 Bond Street

Nuneaton

Warwickshire

CV11 4DA

FIXED ASSETS

Tangible assets

4

2,686

6,074

Investments

5

500

500

3,186

6,574

CURRENT ASSETS

Stocks

6

1,592

1,516

Debtors

7

65,296

45,475

Cash at bank

17,742

11,871

84,630

58,862

CREDITORS

Amounts falling due within one year

8

40,074

37,847

NET CURRENT ASSETS

44,556

21,015

TOTAL ASSETS LESS CURRENT LIABILITIES

47,742

27,589

CREDITORS

Amounts falling due after more than one year

9

47,403

31,008

NET ASSETS/(LIABILITIES)

339

(3,419

)

CAPITAL AND RESERVES

Called up share capital

301

301

Retained earnings

10

38

(3,720

)

SHAREHOLDERS' FUNDS

339

(3,419

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

G Foster - Director

1.	STATUTORY INFORMATION

Foster Lewis And Co 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.

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.

Turnover

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

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

-

Depreciated equally over lease period

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

and 31 May 2025

12,953

15,837

17,404

46,194

DEPRECIATION

At 1 June 2024

10,362

12,479

17,279

40,120

Charge for year

2,591

672

125

3,388

At 31 May 2025

12,953

13,151

17,404

43,508

NET BOOK VALUE

At 31 May 2025

-

2,686

-

2,686

At 31 May 2024

2,591

3,358

125

6,074

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

and 31 May 2025

500

NET BOOK VALUE

At 31 May 2025

500

At 31 May 2024

500

6.

STOCKS

2025

2024

£

£

Stocks

1,592

1,516

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,649

13,948

Other debtors

46,647

31,527

65,296

45,475

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,576

5,555

Trade creditors

5,689

4,633

Taxation and social security

21,807

22,985

Other creditors

5,002

4,674

40,074

37,847

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

47,403

31,008

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

17,064

-

10.

RESERVES

Retained

earnings

£

At 1 June 2024

(3,720

)

Profit for the year

36,258

Dividends

(32,500

)

At 31 May 2025

38

11.	ULTIMATE CONTROLLING PARTY

The controlling party is G Foster.