M Lawson & Sons Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12903222

M Lawson & Sons Ltd

Unaudited financial statements

30 September 2025

M Lawson & Sons Ltd

Statement of financial position

30 September 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	759,470	752,905
Investments	6	1	2
		---------	---------
		759,471	752,907

Current assets

Debtors	7	97,750	10,200
Cash at bank and in hand		28,390	180,193
		---------	---------
		126,140	190,393

Creditors: Amounts falling due within one year	8	( 514,927)		( 598,037)
		---------		---------
Net current liabilities			( 388,787)		( 407,644)
			---------		---------
Total assets less current liabilities			370,684		345,263

Creditors: Amounts falling due after more than one year	9		( 254,948)		( 254,948)

Provisions

Taxation including deferred tax	( 22,054)	( 16,538)
	---------	---------
Net assets	93,682	73,777
	---------	---------

Capital and reserves

Called up share capital	2	2
Revaluation reserve	64,376	64,376
Profit and loss account	29,304	9,399
	-------	-------
Shareholders funds	93,682	73,777
	-------	-------

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 income statement has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

M Lawson & Sons Ltd

Statement of financial position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 23 December 2025 , and are signed on behalf of the board by:

M J Lawson
Director

Company registration number: 12903222

M Lawson & Sons Ltd

Notes to the financial statements

Year ended 30 September 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 34 King Street, Thetford, IP24 2AP.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

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.

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

	Plant and machinery	-	15% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of employees during the year was 1 (2024: 1 ).

5. Tangible assets

	Investment property	Plant and machinery	Total
	£	£	£
Cost
At 1 October 2024	750,348	3,008	753,356
Additions	6,740	229	6,969
	---------	------	---------
At 30 September 2025	757,088	3,237	760,325
	---------	------	---------
Depreciation
At 1 October 2024	–	451	451
Charge for the year	–	404	404
	---------	------	---------
At 30 September 2025	–	855	855
	---------	------	---------
Carrying amount
At 30 September 2025	757,088	2,382	759,470
	---------	------	---------
At 30 September 2024	750,348	2,557	752,905
	---------	------	---------

The investment property has been included at their fair value, based on open market value as at 30 September 2024. The valuation has been ascertained by M Lawson, the director of the company.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Investment property
	£
At 30 September 2025
Aggregate cost	671,253
Aggregate depreciation	–
	---------
Carrying value	671,253
	---------

At 30 September 2024
Aggregate cost	664,513
Aggregate depreciation	–
	---------
Carrying value	664,513
	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 October 2024	2
Disposals	( 1)
	----
At 30 September 2025	1
	----
Impairment
At 1 October 2024 and 30 September 2025	–
	----

Carrying amount
At 30 September 2025	1
	----
At 30 September 2024	2
	----

7. Debtors

	2025	2024
	£	£
Other debtors	97,750	10,200
	-------	-------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	133,275
Trade creditors	142	880
Amounts owed to group undertakings and undertakings in which the company has a participating interest	397,316	328,411
Social security and other taxes	788	–
Other creditors	116,681	135,471
	---------	---------
	514,927	598,037
	---------	---------

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	254,948	254,948
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £254,948 (2024: £254,948) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

£104,585 is due to be paid by January 2041. Interest on the loan is charged at 4.50%

£150,363 is due to be paid by November 2047. Interest on the loan is charged at 8.00%

The bank loans are secured on the assets concerned.