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Registered number: 06762471
Lawns One Ltd
Financial Statements
For The Year Ended 31 December 2025
Affinity Associates (AU) Limited
Suite A, First Floor, Unit 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 06762471
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 39,084 43,982
Tangible Assets 5 196,462 189,490
235,546 233,472
CURRENT ASSETS
Debtors 6 120,315 134,441
Cash at bank and in hand 10,880 9,578
131,195 144,019
Creditors: Amounts Falling Due Within One Year 7 (202,585 ) (185,687 )
NET CURRENT ASSETS (LIABILITIES) (71,390 ) (41,668 )
TOTAL ASSETS LESS CURRENT LIABILITIES 164,156 191,804
Creditors: Amounts Falling Due After More Than One Year 8 (164,048 ) (191,428 )
NET ASSETS 108 376
CAPITAL AND RESERVES
Called up share capital 10 100 100
Income Statement 8 276
SHAREHOLDERS' FUNDS 108 376
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs H Ashdown
Director
11 August 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Lawns One Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06762471 . The registered office is Suite A, First Floor, Unit 1, Eurogate Business Park, Trinity Road, Ashford, Kent, TN24 8XW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing balance method
Fixtures & Fittings 25% Reducing balance method
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 9)
12 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 54,982
As at 31 December 2025 54,982
Amortisation
As at 1 January 2025 11,000
Provided during the period 4,898
As at 31 December 2025 15,898
Net Book Value
As at 31 December 2025 39,084
As at 1 January 2025 43,982
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2025 189,433 137,618 327,051
Additions 29,575 38,479 68,054
Disposals (16,919 ) (2,336 ) (19,255 )
As at 31 December 2025 202,089 173,761 375,850
Depreciation
As at 1 January 2025 63,285 74,276 137,561
Provided during the period 36,217 20,484 56,701
Disposals (12,988 ) (1,886 ) (14,874 )
As at 31 December 2025 86,514 92,874 179,388
Net Book Value
As at 31 December 2025 115,575 80,887 196,462
As at 1 January 2025 126,148 63,342 189,490
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,680 7,332
Other debtors 115,635 127,109
120,315 134,441
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 39,611 33,100
Trade creditors 33,685 60,704
Bank loans and overdrafts 24,825 25,226
Other creditors 77,179 63,099
Taxation and social security 27,285 3,558
202,585 185,687
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 95,621 106,952
Bank loans 68,427 84,476
164,048 191,428
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 39,611 33,100
Later than one year and not later than five years 95,621 106,952
135,232 140,052
135,232 140,052
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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