M & J Lowther Limited Filleted accounts for Companies House (small and micro)
M & J Lowther Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04489715
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
7 |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
8 |
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Net current liabilities |
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-------- |
-------- |
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Total assets less current liabilities |
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----- |
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Net assets |
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----- |
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Capital and reserves
Called up share capital |
9 |
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Profit and loss account |
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----- |
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Shareholders funds |
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----- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
26 May 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
04489715
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Notes to the Financial Statements |
Year ended 31 March 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lowmoor House, Lowmoor Road, Wigton, Cumbria, CA7 9QR.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor Vehicles |
- |
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Equipment |
- |
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4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
2
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
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Amortisation |
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At 1 April 2022 and 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
– |
-------- |
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At 31 March 2022 |
– |
-------- |
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6.
Tangible assets
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2022 and 31 March 2023 |
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Depreciation |
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At 1 April 2022 |
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Charge for the year |
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--------- |
-------- |
--------- |
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At 31 March 2023 |
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--------- |
-------- |
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Carrying amount |
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At 31 March 2023 |
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At 31 March 2022 |
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-------- |
--------- |
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7.
Debtors
2023 |
2022 |
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£ |
£ |
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Trade debtors |
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8.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Other creditors |
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9.
Called up share capital
Issued, called up and fully paid
2023 |
2022 |
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No. |
£ |
No. |
£ |
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50 |
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50 |
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10 |
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10 |
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10.
Director's advances, credits and guarantees
11.
Related party transactions
The company was under the control of Mr
J Lowther
throughout the current year. Mr Lowther is the managing director of the company and sole shareholder. No transactions with related parties were undertaken such as are required to be disclosed under the Financial Reporting Standard 102 Section 1A.