Company Registration No. 10915195 (England and Wales)
Mrs Lowry and Son Limited
Unaudited accounts
for the year ended 31 August 2021
Mrs Lowry and Son Limited
Unaudited accounts
Contents
Mrs Lowry and Son Limited
Company Information
for the year ended 31 August 2021
Directors
Julian Gleek
Deborah Ann Gray
Company Number
10915195 (England and Wales)
Registered Office
The Studio
821 Chorley Old Road
Bolton
BL1 5SL
United Kingdom
Mrs Lowry and Son Limited
Statement of financial position
as at 31 August 2021
Inventories
1,299,612
1,462,063
Cash at bank and in hand
13,545
11,437
Creditors: amounts falling due within one year
(783,511)
(769,224)
Net current assets
531,527
735,065
Net assets
531,527
735,065
Called up share capital
100
100
Profit and loss account
531,427
734,965
Shareholders' funds
531,527
735,065
For the year ending 31 August 2021 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 28 May 2022 and were signed on its behalf by
Deborah Ann Gray
Director
Company Registration No. 10915195
Mrs Lowry and Son Limited
Notes to the Accounts
for the year ended 31 August 2021
Mrs Lowry and Son Limited is a private company, limited by shares, registered in England and Wales, registration number 10915195. The registered office is The Studio, 821 Chorley Old Road, Bolton, BL1 5SL, United Kingdom.
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.
Finished goods
1,299,612
1,462,063
Inventories represent the cost to date less amounts amortised, in respect of the production of the feature film Mrs. Lowry and Son.
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
73,782
37,964
Amounts owed to group undertakings and other participating interests
268,050
268,050
Other creditors
441,189
462,720
Loans from directors
490
490
7
Transactions with related parties
Creditors include unsecured loans of £139,527 (2020 £139,527) from J Gleek Properties Limited which is wholly owned by Director Julian Gleek and £3722 (2020 £3,922) from Genesius Sales and Distribution Limited which is wholly owned by Directors Deborah Gray and Julian Gleek.
Mrs Lowry and Son Limited
Notes to the Accounts
for the year ended 31 August 2021
The Company is a wholly owned subsidiary of Genesius Pictures Limited who's registered office is International House, 24 Holborn Viaduct, London EC1A 2BN, Company Number 8643578
9
Average number of employees
During the year the average number of employees was 3 (2020: 3).
