Company Registration No. 02230201 (England and Wales)
LAWSON & COWELL LTD
Unaudited accounts
for the year ended 31 December 2025
LAWSON & COWELL LTD
Unaudited accounts
Contents
LAWSON & COWELL LTD
Company Information
for the year ended 31 December 2025
Directors
Mr C T Lawson
Mr D Cowell
Company Number
02230201 (England and Wales)
Registered Office
1 JESMOND BUSINESS COURT
JESMOND ROAD
NEWCASTLE UPON TYNE
NE2 1LA
ENGLAND
Accountants
G W Accountants Ltd
1 Jesmond Business Court
217 Jesmond Road
Newcastle upon Tyne
NE2 1LA
LAWSON & COWELL LTD
Statement of financial position
as at 31 December 2025
Tangible assets
634,361
314,191
Cash at bank and in hand
1,476,538
2,189,710
Creditors: amounts falling due within one year
(432,567)
(461,833)
Net current assets
1,983,465
2,197,345
Total assets less current liabilities
2,617,826
2,511,536
Provisions for liabilities
Deferred tax
(71,324)
(70,959)
Net assets
2,546,502
2,440,577
Called up share capital
4
4
Profit and loss account
2,546,498
2,440,573
Shareholders' funds
2,546,502
2,440,577
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 March 2026 and were signed on its behalf by
Mr C T Lawson
Director
Company Registration No. 02230201
LAWSON & COWELL LTD
Notes to the Accounts
for the year ended 31 December 2025
LAWSON & COWELL LTD is a private company, limited by shares, registered in England and Wales, registration number 02230201. The registered office is 1 JESMOND BUSINESS COURT, JESMOND ROAD, NEWCASTLE UPON TYNE, NE2 1LA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% straight line
Plant & machinery
10% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
Computer equipment
10% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
LAWSON & COWELL LTD
Notes to the Accounts
for the year ended 31 December 2025
Payments to a defined contribution scheme are recognised in the profit and loss account when due. Amounts not paid are shown in accruals as a liability in the Balance Sheet.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2025
-
20,331
808,927
30,131
40,650
900,039
Additions
344,600
-
99,500
9,218
1,594
454,912
Disposals
-
-
(82,910)
-
-
(82,910)
At 31 December 2025
344,600
20,331
825,517
39,349
42,244
1,272,041
At 1 January 2025
-
16,726
519,573
20,753
28,796
585,848
Charge for the year
6,892
360
88,233
1,860
1,473
98,818
On disposals
-
-
(46,986)
-
-
(46,986)
At 31 December 2025
6,892
17,086
560,820
22,613
30,269
637,680
At 31 December 2025
337,708
3,245
264,697
16,736
11,975
634,361
At 31 December 2024
-
3,605
289,354
9,378
11,854
314,191
Amounts falling due within one year
Trade debtors
805,568
379,795
Accrued income and prepayments
52,363
34,757
Other debtors
31,333
7,615
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
149,187
122,658
Taxes and social security
270,601
266,679
Loans from directors
8,979
58,979
Santander UK PLC holds a debenture dated 12 June 2019 providing it with a fixed and floating charge over the assets of the company.
LAWSON & COWELL LTD
Notes to the Accounts
for the year ended 31 December 2025
8
Transactions with related parties
The company was under the joint control of Mr D Cowell and Mr C T Lawson throughout the current and previous year, both of whom are directors and 50% shareholders in the company.
At the year end, the company owed the directors an amount of £8,981 (2024: £58,981).
The loan is unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 43 (2024: 40).