1 May 2024 false No description of principal activity Taxfiler 2024.6 14066334 business:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 14066334 2024-04-30 14066334 2024-05-01 2025-04-30 14066334 business:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 14066334 business:FilletedAccounts 2024-05-01 2025-04-30 14066334 2025-04-30 14066334 business:Director1 2024-05-01 2025-04-30 14066334 business:RegisteredOffice 2024-05-01 2025-04-30 14066334 2024-04-30 14066334 core:WithinOneYear 2025-04-30 14066334 core:WithinOneYear 2024-04-30 14066334 core:AfterOneYear 2025-04-30 14066334 core:AfterOneYear 2024-04-30 14066334 core:ShareCapital core:PreviouslyStatedAmount 2025-04-30 14066334 core:ShareCapital core:PreviouslyStatedAmount 2024-04-30 14066334 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-04-30 14066334 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-04-30 14066334 core:PreviouslyStatedAmount 2025-04-30 14066334 core:PreviouslyStatedAmount 2024-04-30 14066334 business:SmallEntities 2024-05-01 2025-04-30 14066334 countries:EnglandWales 2024-05-01 2025-04-30 14066334 core:PlantMachinery 2024-05-01 2025-04-30 14066334 core:MotorVehicles 2024-05-01 2025-04-30 14066334 core:FurnitureFittings 2024-05-01 2025-04-30 14066334 core:ComputerEquipment 2024-05-01 2025-04-30 14066334 core:PlantMachinery 2024-04-30 14066334 core:MotorVehicles 2024-04-30 14066334 core:FurnitureFittings 2024-04-30 14066334 core:ComputerEquipment 2024-04-30 14066334 core:PlantMachinery 2025-04-30 14066334 core:MotorVehicles 2025-04-30 14066334 core:FurnitureFittings 2025-04-30 14066334 core:ComputerEquipment 2025-04-30 14066334 core:MotorVehicles core:LeasedAssetsHeldAsLessee 2025-04-30 14066334 core:MotorVehicles core:LeasedAssetsHeldAsLessee 2024-04-30 14066334 core:AfterOneYear 2024-05-01 2025-04-30 14066334 core:AcceleratedTaxDepreciationDeferredTax 2025-04-30 14066334 core:AcceleratedTaxDepreciationDeferredTax 2024-04-30 14066334 2023-04-30 14066334 2023-05-01 2024-04-30 14066334 business:OrdinaryShareClass1 2024-05-01 2025-04-30 14066334 business:OrdinaryShareClass1 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 14066334 (England and Wales)
LEWIS SPENCER CONSTRUCTION LTD Unaudited accounts for the year ended 30 April 2025
LEWIS SPENCER CONSTRUCTION LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
LEWIS SPENCER CONSTRUCTION LTD Company Information for the year ended 30 April 2025
Director
Lewis Jordan Spencer
Company Number
14066334 (England and Wales)
Registered Office
112-113 High Street LINCOLN LN5 7PY ENGLAND
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
- 3 -
LEWIS SPENCER CONSTRUCTION LTD Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,556
7,294
Current assets
Debtors
5
36,466
14,442
Cash at bank and in hand
44,677
27,577
81,143
42,019
Creditors: amounts falling due within one year
6
(56,273)
(26,279)
Net current assets
24,870
15,740
Total assets less current liabilities
49,426
23,034
Creditors: amounts falling due after more than one year
7
(11,428)
-
Provisions for liabilities
Deferred tax
8
(5,537)
(2,246)
Net assets
32,461
20,788
Capital and reserves
Called up share capital
9
1
1
Profit and loss account
32,460
20,787
Shareholders' funds
32,461
20,788
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 December 2025 and were signed on its behalf by
Lewis Jordan Spencer Director Company Registration No. 14066334
- 4 -
LEWIS SPENCER CONSTRUCTION LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
LEWIS SPENCER CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 14066334. The registered office is 112-113 High Street, LINCOLN, LN5 7PY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
LEWIS SPENCER CONSTRUCTION LTD Notes to the Accounts for the year ended 30 April 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
2,842
9,500
250
150
12,742
Additions
-
25,335
-
-
25,335
At 30 April 2025
2,842
34,835
250
150
38,077
Depreciation
At 1 May 2024
1,243
4,031
109
65
5,448
Charge for the year
400
7,617
35
21
8,073
At 30 April 2025
1,643
11,648
144
86
13,521
Net book value
At 30 April 2025
1,199
23,187
106
64
24,556
At 30 April 2024
1,599
5,469
141
85
7,294
2025
2024
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
16,085
-
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5,011
286
Other debtors
31,455
14,156
36,466
14,442
6
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
3,997
-
Trade creditors
10,853
484
Taxes and social security
4,152
4,359
Other creditors
-
3,445
Loans from directors
5,236
3,295
Accruals
580
540
Deferred income
31,455
14,156
56,273
26,279
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
11,428
-
Hire Purchase due: Yr.2. to Yr.4
- 6 -
LEWIS SPENCER CONSTRUCTION LTD Notes to the Accounts for the year ended 30 April 2025
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
5,537
2,246
2025
2024
£
£
Provision at start of year
2,246
1,816
Charged to the profit and loss account
3,291
430
Provision at end of year
5,537
2,246
A deferred taxation reserve has been created due to accelerated capital allowances of some £5,537 This reserve will reverse in future periods creating a tax liability at the prevailing rate on the day.
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 7 -