Lawson Engineers Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01797799

Lawson Engineers Limited

Filleted Unaudited Abridged Financial Statements

For the year ended

31 July 2025

Lawson Engineers Limited

Abridged Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	265,957	286,966
Investments	6	13,708	13,708
		---------	---------
		279,665	300,674

Current assets

Stocks	689,454	372,700
Debtors	198,075	468,182
Cash at bank and in hand	1,117,805	1,482,952
	------------	------------
	2,005,334	2,323,834

Creditors: amounts falling due within one year	1,024,907		1,323,649
	------------		------------
Net current assets		980,427	1,000,185
		------------	------------
Total assets less current liabilities		1,260,092	1,300,859
		------------	------------

Capital and reserves

Called up share capital	15,800	15,800
Other reserves	4,200	4,200
Profit and loss account	1,240,092	1,280,859
	------------	------------
Shareholders funds	1,260,092	1,300,859
	------------	------------

These abridged 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 abridged statement of income and retained earnings has not been delivered.

For the year ending 31st July 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 abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31st July 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Lawson Engineers Limited

Abridged Statement of Financial Position (continued)

31 July 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 20 July 2026 , and are signed on behalf of the board by:

Mr R A Lawson
Director

Company registration number: 01797799

Lawson Engineers Limited

Notes to the Abridged Financial Statements

Year ended 31st July 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 Barrras Lane Industrial Estate, Dalston, Carlisle, Cumbria, CA5 7ND.

2. Statement of compliance

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

Disclosure exemptions

No cash flow statement has been presented for the company.

Consolidation

The company has taken advantage of the option not to prepare consolidated abridged 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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities or income and expenses. Any estimate that has a degree of uncertainty or where judgement has been exercised in a particular area is expressly disclosed within the relevant accounting policy.

Revenue recognition

Turnover includes the total invoice value, excluding value added tax, of all work done during the year and derives from the company's ordinary activities.

Tangible assets

All tangible fixed assets and fixed asset investments are initially recorded at cost.

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:

	Land & Buildings	-	5% straight line

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.

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Investments in joint ventures

Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	£
Cost
At 1st August 2024 and 31st July 2025	676,664
	---------
Depreciation
At 1st August 2024	389,698
Charge for the year	21,009
	---------
At 31st July 2025	410,707
	---------
Carrying amount
At 31st July 2025	265,957
	---------
At 31st July 2024	286,966
	---------

6. Investments

	£
Cost
At 1st August 2024 and 31st July 2025	13,708
	--------
Impairment
At 1st August 2024 and 31st July 2025	–
	--------
Carrying amount
At 31st July 2025	13,708
	--------
At 31st July 2024	13,708
	--------

7. Related party transactions

Transactions with the subsidiary company, Blackdyke Engineers Limited, during the year were as follows:

	2025	2024
	£	£
Purchases	1,177,470	2,515,493
Management fee	360,000	500,000
Sales	27,225	93,953
Rent receivable	51,905	49,909

Included within the inter company creditors account with Blackdyke Engineers Limited is a loan balance of £246,001 (2024: £246,001) there have been no advances or repayments on the loan during the year and interest is not charged, the amount is repayable on demand, the remaining balance is items relating to trade undertaken on an arms length basis.

8. Controlling party

In the opinion of the director, there is no ultimate controlling party.