Lawford & Sons Limited - Filleted accounts

Registered number

00109299

Lawford & Sons Limited

Unaudited Filleted Accounts

31 December 2025

Lawford & Sons Limited
Registered number:		00109299
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		6,448,807			7,795,782
Investments	4		767,504			767,504
			7,216,311			8,563,286

Current assets
Debtors	5	13,119,020			10,893,036
Cash at bank and in hand		3,465,859			1,879,423
		16,584,879			12,772,459

Creditors: amounts falling due within one year	6	(398,208)			(588,917)

Net current assets			16,186,671			12,183,542

Total assets less current liabilities			23,402,982			20,746,828


Provisions for liabilities			(209,701)			(174,651)


Net assets			23,193,281			20,572,177

Capital and reserves
Called up share capital			21,836			21,836
Capital redemption reserve			58,164			58,164
Non distributable reserve			1,348,106			1,257,203
Profit and loss account			21,765,175			19,234,974

Shareholders' funds			23,193,281			20,572,177

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr G F Barrett
Director
Approved by the board on 27 August 2026

Lawford & Sons Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents rents and insurances receivable, stated net of Value Added Tax

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 10 years
	Fixtures, fittings, tools and equipment			over 10 years
	Motor vehicles			over 10 years		-		-

	Investment properties
	Investment properties are included at fair value at each reporting date, with changes in fair value recognised in the profit and loss account. The methods and significant assumptions used to ascertain fair value at the balance sheet date are as follows:
	The directors, who have considerable experience of the property market have revalued the properties based on current yields.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Investment properties		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	7,700,696		125,551		111,780		7,938,027
	Additions	1,013,727		1,527		-		1,015,254
	Disposals	(2,350,000)		-		-		(2,350,000)
	At 31 December 2025	6,364,423		127,078		111,780		6,603,281

	Depreciation
	At 1 January 2025	-		119,889		22,356		142,245
	Charge for the year	-		1,051		11,178		12,229
	At 31 December 2025	-		120,940		33,534		154,474

	Net book value
	At 31 December 2025	6,364,423		6,138		78,246		6,448,807
	At 31 December 2024	7,700,696		5,662		89,424		7,795,782


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					4,846,248		6,320,393
	Cumulative depreciation based on historical cost					-		-
						4,846,248		6,320,393


4	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 January 2025			503,160		264,344		767,504

	At 31 December 2025			503,160		264,344		767,504


5	Debtors					2025		2024
£							£

	Trade debtors					4,459		25,307
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					13,112,441		10,854,691
	Other debtors					2,120		13,038
						13,119,020		10,893,036


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					255,509		-
	Other taxes and social security costs					(142,256)		41,166
	Other creditors					284,955		547,751
						398,208		588,917


7	Other information

	Lawford & Sons Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The Barn, Green Farm
	Bovingdon Green
	Bovingdon Green
	Hertfordshire
	HP3 0LF