Company registration number SC202727 (Scotland)
JAMES LEWIS & SONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
JAMES LEWIS & SONS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
JAMES LEWIS & SONS LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
75,289
83,715
Current assets
Debtors
4
68,124
58,435
Cash at bank and in hand
280,346
301,828
348,470
360,263
Creditors: amounts falling due within one year
5
(34,970)
(63,294)
Net current assets
313,500
296,969
Total assets less current liabilities
388,789
380,684
Provisions for liabilities
(18,823)
(20,929)
Net assets
369,966
359,755
Capital and reserves
Called up share capital
1,000
1,000
Distributable profit and loss reserves
368,966
358,755
Total equity
369,966
359,755

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

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his 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.

The financial statements were approved by the board of directors and authorised for issue on 22 May 2026 and are signed on its behalf by:
Mr J Lewis
Director
Company Registration No. SC202727
JAMES LEWIS & SONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

James Lewis & Sons Limited is a private company limited by shares incorporated in Scotland. The registered office is 318 Edinburgh Road, Newhouse, Motherwell, United Kingdom, ML1 5SY.

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.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, 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:

Leasehold improvements
16.67% on cost
Plant and equipment
10% reducing balance
Fixtures and fittings
10% on cost
Computers
25% reducing balance
Motor vehicles
25% reducing balance

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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible 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).

1.5
Taxation

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

JAMES LEWIS & SONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
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.

1.6
Employee benefits

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

1.7
Retirement benefits

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

1.8
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
JAMES LEWIS & SONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 4 -
3
Tangible fixed assets
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 September 2024
76,885
97,742
9,265
327
76,508
260,727
Additions
-
0
-
0
6,800
267
-
0
7,067
At 31 August 2025
76,885
97,742
16,065
594
76,508
267,794
Depreciation and impairment
At 1 September 2024
76,885
62,209
2,378
196
35,344
177,012
Depreciation charged in the year
-
0
3,553
1,550
99
10,291
15,493
At 31 August 2025
76,885
65,762
3,928
295
45,635
192,505
Carrying amount
At 31 August 2025
-
0
31,980
12,137
299
30,873
75,289
At 31 August 2024
-
0
35,533
6,887
131
41,164
83,715
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
63,486
57,433
Other debtors
4,638
1,002
68,124
58,435
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
10,177
26,926
Taxation and social security
14,898
13,646
Other creditors
9,895
22,722
34,970
63,294
JAMES LEWIS & SONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
6
Related party transactions

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Key management personnel
-
10,000
Other related parties
-
5,000

These balances are unsecured, interest free and have no formal terms of repayment.

2025-08-31 2024-09-01 false false false 22 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A Lewis Mr R Lewis Mr J Lewis SC202727 2024-09-01 2025-08-31 SC202727 2025-08-31 SC202727 2024-08-31 SC202727 core:LandBuildings 2025-08-31 SC202727 core:PlantMachinery 2025-08-31 SC202727 core:FurnitureFittings 2025-08-31 SC202727 core:ComputerEquipment 2025-08-31 SC202727 core:MotorVehicles 2025-08-31 SC202727 core:LandBuildings 2024-08-31 SC202727 core:PlantMachinery 2024-08-31 SC202727 core:FurnitureFittings 2024-08-31 SC202727 core:ComputerEquipment 2024-08-31 SC202727 core:MotorVehicles 2024-08-31 SC202727 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 SC202727 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 SC202727 core:CurrentFinancialInstruments 2025-08-31 SC202727 core:CurrentFinancialInstruments 2024-08-31 SC202727 core:ShareCapital 2025-08-31 SC202727 core:ShareCapital 2024-08-31 SC202727 core:RetainedEarningsAccumulatedLosses 2025-08-31 SC202727 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC202727 bus:Director3 2024-09-01 2025-08-31 SC202727 core:LandBuildings core:LongLeaseholdAssets 2024-09-01 2025-08-31 SC202727 core:PlantMachinery 2024-09-01 2025-08-31 SC202727 core:FurnitureFittings 2024-09-01 2025-08-31 SC202727 core:ComputerEquipment 2024-09-01 2025-08-31 SC202727 core:MotorVehicles 2024-09-01 2025-08-31 SC202727 2023-09-01 2024-08-31 SC202727 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-08-31 SC202727 core:PlantMachinery 2024-08-31 SC202727 core:FurnitureFittings 2024-08-31 SC202727 core:ComputerEquipment 2024-08-31 SC202727 core:MotorVehicles 2024-08-31 SC202727 2024-08-31 SC202727 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-08-31 SC202727 core:LandBuildings core:LeasedAssetsHeldAsLessee 2024-09-01 2025-08-31 SC202727 core:KeyManagementPersonnel 2024-08-31 SC202727 core:OtherRelatedParties 2024-08-31 SC202727 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC202727 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 SC202727 bus:FRS102 2024-09-01 2025-08-31 SC202727 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 SC202727 bus:Director1 2024-09-01 2025-08-31 SC202727 bus:Director2 2024-09-01 2025-08-31 SC202727 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP