Lawson Holdings (Plymouth) Ltd
Lawson Holdings (Plymouth) Ltd
Company Registration No. 05137296 (England and Wales)
Page
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Directors
Secretary
Company Number
Registered Office
Accountants
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2020
2019
Notes
£
£
Fixed assets
Current assets
Cash at bank and in hand
Net current assets
Total assets less current liabilities
Net assets
Capital and reserves
Called up share capital
Share premium
Profit and loss account
Shareholders' funds
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2021 and were signed on its behalf by
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1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
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.
Basis of preparation
Presentation currency
Turnover
Business Combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes an estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
4
Investment property
2020
£
Fair value at 1 January 2020
Disposals
(308,614 )
At 31 December 2020
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5
Investments
Subsidiary undertakings
Other investments
Total
£
£
£
Valuation at 1 January 2020
Valuation at 31 December 2020
Details of the investments (including principle place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows: -
Subsidiary Undertakings:
Lawson (Plymouth) Ltd, 6 Manamead Road, Plymouth, PL4 7AA
Ordinary Shares, 100% holding (2017: 100%)
Associates:
CMB Mortgage Consultants Ltd, 6 Houndiscombe Road, Plymouth, PL4 6HH
Ordinary Shares, 33.5% holding (2017: 33.5%)
The principle activity of Lawson (Plymouth) Ltd is that of estate agent and valuers.
The principle activity of CMB Mortgage Consultants Ltd is that of mortgage consultants.
6
Debtors: amounts falling due within one year
2020
2019
£
£
Amounts due from group undertakings etc.
Other debtors
7
Creditors: amounts falling due within one year
2020
2019
£
£
Bank loans and overdrafts
Taxes and social security
Other creditors
Loans from directors
(7,436 )
Accruals
8
Creditors: amounts falling due after more than one year
2020
2019
£
£
Bank loans
9
Average number of employees
During the year the average number of employees was 2 (2019: 2 ).
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