Company registration number 08510606 (England and Wales)
LOWTHER AND DAWSON (KENDAL) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
LOWTHER AND DAWSON (KENDAL) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
LOWTHER AND DAWSON (KENDAL) LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
142,708
190,281
Current assets
Debtors
5
177,297
250,234
Cash at bank and in hand
566,910
592,752
744,207
842,986
Creditors: amounts falling due within one year
6
(72,921)
(156,590)
Net current assets
671,286
686,396
Total assets less current liabilities
813,994
876,677
Provisions for liabilities
(35,646)
(47,515)
Net assets
778,348
829,162
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
778,248
829,062
Total equity
778,348
829,162

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

LOWTHER AND DAWSON (KENDAL) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 13 January 2026 and are signed on its behalf by:
Mr S Lowther
Mr K Lowther
Director
Director
Company registration number 08510606 (England and Wales)
LOWTHER AND DAWSON (KENDAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Lowther and Dawson (Kendal) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 113 Milnthorpe Road, Kendal, LA9 5HJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website
3 years straight line
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
LOWTHER AND DAWSON (KENDAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

LOWTHER AND DAWSON (KENDAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 11 (202 4 - 11).

2025
2024
Number
Number
Total
11
11
LOWTHER AND DAWSON (KENDAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
3
Intangible fixed assets
Website
£
Cost
At 1 July 2024 and 30 June 2025
1,450
Amortisation and impairment
At 1 July 2024 and 30 June 2025
1,450
Carrying amount
At 30 June 2025
-
0
At 30 June 2024
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2024 and 30 June 2025
425,813
Depreciation and impairment
At 1 July 2024
235,532
Depreciation charged in the year
47,573
At 30 June 2025
283,105
Carrying amount
At 30 June 2025
142,708
At 30 June 2024
190,281
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
90,758
123,891
Amounts owed by group undertakings
3,637
1,597
Other debtors
82,902
124,746
177,297
250,234
LOWTHER AND DAWSON (KENDAL) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 7 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
31,296
35,113
Taxation and social security
37,510
117,458
Other creditors
4,115
4,019
72,921
156,590
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
30 A Ordinary shares of £1 each
30
30
40 B Ordinary shares of £1 each
40
40
10 C Ordinary shares of £1 each
10
10
10 D Ordinary shares of £1 each
10
10
10 E Ordinary shares of £1 each
10
10
100
100

All classes of ordinary shares rank pari passu in all respects save that the directors may declare a dividend on one class of share and not another class.

8
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Entities over which the entity has control, joint control or significant influence
1,597
1,597
2025-06-30 2024-07-01 false false false 13 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr S Lowther Mr K Lowther Mr R H Lowther Mr J K Lowther 2026-01-13 08510606 2024-07-01 2025-06-30 08510606 2025-06-30 08510606 2024-06-30 08510606 core:OtherPropertyPlantEquipment 2025-06-30 08510606 core:OtherPropertyPlantEquipment 2024-06-30 08510606 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 08510606 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08510606 core:CurrentFinancialInstruments 2025-06-30 08510606 core:CurrentFinancialInstruments 2024-06-30 08510606 core:ShareCapital 2025-06-30 08510606 core:ShareCapital 2024-06-30 08510606 core:RetainedEarningsAccumulatedLosses 2025-06-30 08510606 core:RetainedEarningsAccumulatedLosses 2024-06-30 08510606 core:ShareCapitalOrdinaryShareClass2 2025-06-30 08510606 core:ShareCapitalOrdinaryShareClass2 2024-06-30 08510606 core:ShareCapitalOrdinaryShareClass3 2025-06-30 08510606 core:ShareCapitalOrdinaryShareClass3 2024-06-30 08510606 core:ShareCapitalOrdinaryShareClass4 2025-06-30 08510606 core:ShareCapitalOrdinaryShareClass4 2024-06-30 08510606 core:ShareCapitalOrdinaryShareClass5 2025-06-30 08510606 core:ShareCapitalOrdinaryShareClass5 2024-06-30 08510606 core:ShareCapitalOrdinaryShares 2025-06-30 08510606 core:ShareCapitalOrdinaryShares 2024-06-30 08510606 bus:Director1 2024-07-01 2025-06-30 08510606 bus:Director2 2024-07-01 2025-06-30 08510606 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 08510606 core:PlantMachinery 2024-07-01 2025-06-30 08510606 core:FurnitureFittings 2024-07-01 2025-06-30 08510606 2023-07-01 2024-06-30 08510606 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-06-30 08510606 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-06-30 08510606 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-06-30 08510606 core:OtherPropertyPlantEquipment 2024-06-30 08510606 core:OtherPropertyPlantEquipment 2024-07-01 2025-06-30 08510606 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08510606 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08510606 bus:FRS102 2024-07-01 2025-06-30 08510606 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 08510606 bus:Director3 2024-07-01 2025-06-30 08510606 bus:Director4 2024-07-01 2025-06-30 08510606 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP