Lewis & Rowden Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 5

Lewis & Rowden Limited

(Registration number: 16065517)
Statement of Financial Position as at 31 March 2025

	Note	2025 £
Fixed assets
Intangible assets	4	197,073
Tangible assets	5	2,729
		199,802
Current assets
Debtors	6	8,963
Cash at bank and in hand		92,576
		101,539
Creditors: Amounts falling due within one year	7	(101,341)
Net current assets		198
Net assets		200,000
Capital and reserves
Called up share capital		100
Share premium reserve		199,900
Shareholders' funds		200,000

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 13 January 2026 and signed on its behalf by:
 

Miss C Quinnell Director

Lewis & Rowden Limited

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
1 Lower Brook Street
Teignmouth
Devon
TQ14 8HR

Principal activity

The company did not trade in the period to 31 March 2025.

The company obtained an existing business by way of business transfer agreement on 31 March 2025, and began trading on 1 April 2025.
 

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The financial statements have been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

No judgements, assessments or estimations were made during this non trading period.

Tangible assets

Tangible assets are stated in the statement of financial position at cost following the purchase of an existing business on the last day of the accounting period 31 March 2025.

Lewis & Rowden Limited

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 March 2025 (continued)

2	Accounting policies (continued)

Goodwill

Goodwill is stated in the statement of financial position at cost following the purchase of an existing business on the last day of the accounting period 31 March 2025.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

Lewis & Rowden Limited

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 March 2025 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	197,073	197,073
At 31 March 2025	197,073	197,073
Amortisation
Carrying amount
At 31 March 2025	197,073	197,073

5	Tangible assets

	Computer equipment £	Fixtures & fittings £	Office equipment £	Total £
Cost or valuation
Additions	739	577	1,413	2,729
At 31 March 2025	739	577	1,413	2,729
Depreciation
Carrying amount
At 31 March 2025	739	577	1,413	2,729

6

Debtors

	2025 £
Prepayments	1,775
Other debtors	7,188
	8,963

Lewis & Rowden Limited

Notes to the Unaudited Financial Statements for the Period from 7 November 2024 to 31 March 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £
Due within one year
Taxation and social security	5,473
Accruals and deferred income	2,979
Other creditors	92,889
	101,341

8

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

9	Related party transactions

Transactions with directors

2025	At 7 November 2024 £	Repayments by director £	At 31 March 2025 £
Loan from the directors	-	(92,576)	(92,576)

Other transactions with directors

The company obtained a business, which has previously been trading under a partnership between the two directors, on 31 March 2025 by way of a business transfer agreement.