REGISTERED NUMBER: 13686747 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

MARY E LOWE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Gilmore

Ms M E Lowe

REGISTERED OFFICE:

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

REGISTERED NUMBER:

13686747 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

1

1

CURRENT ASSETS

Debtors

5

241,670

166,012

Cash at bank

2,020

133

243,690

166,145

CREDITORS

Amounts falling due within one year

6

241,853

164,668

NET CURRENT ASSETS

1,837

1,477

TOTAL ASSETS LESS CURRENT LIABILITIES

1,838

1,478

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,738

1,378

SHAREHOLDERS' FUNDS

1,838

1,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2026 and were signed on its behalf by:

P J Gilmore - Director

1.	STATUTORY INFORMATION

Mary E Lowe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill relates to the amount paid in connection to a business acquired in 2021. This amount is not being amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Financial instruments

A basic financial instrument is a contract that gives rise to a financial asset in one entity and a financial liability or equity instrument of another entity

The following assets and liabilities are classified as financial instruments; amounts owed by group undertakings, other debtors and other creditors.

Amounts owed from group undertakings are measured at the undiscounted amount of cash or other consideration expected to be received..

Financial assets are assessed at the end of the reporting period for objective evidence of impairment and if applicable is recognised as appropriate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

Going concern

The Directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future, Thus the going concern basis of accosting has been adopted in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

1

NET BOOK VALUE

At 30 June 2025

1

At 30 June 2024

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Amounts owed by group undertakings

241,386

164,056

Directors' current accounts

284

1,956

241,670

166,012

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Tax

131,282

89,969

VAT

108,028

73,123

Other creditors

1

1

Accrued expenses

2,542

1,575

241,853

164,668

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/25

30/6/24

value:

£

£

100

Ordinary

£1

100

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

30/6/25

30/6/24

£

£

Ms M E Lowe

Balance outstanding at start of year

1,956

(21,218

)

Amounts advanced

203,818

167,540

Amounts repaid

(205,490

)

(144,366

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

284

1,956

Amounts owed to/from the Director at the year end are repayable on demand. Interest has been charged on amounts owing to the Director at the rate of 2.25%.

9.	RELATED PARTY DISCLOSURES

Vincents Solicitors Limited has a participating interest in the company.

During the year various monies have been loaned between the company and Vincents Solicitors Limited. Included in debtors is an amount of £241,386 (2024: £164,056) due from Vincents Solicitors Limited. The amount outstanding at the year end is payable on demand and no interest has been charged.