Company Registration No. 05137296 (England and Wales)
Lawson Holdings (Plymouth) Ltd
Unaudited accounts
for the year ended 31 December 2022
Lawson Holdings (Plymouth) Ltd
Unaudited accounts
Contents
Lawson Holdings (Plymouth) Ltd
Company Information
for the year ended 31 December 2022
Director
Mr Darren James Lawson
Company Number
05137296 (England and Wales)
Registered Office
76 Hyde Park Road
Peverell
Plymouth
Devon
PL3 4RG
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Lawson Holdings (Plymouth) Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
-
115,938
Creditors: amounts falling due within one year
(6,668)
(9,258)
Net current assets
16,591
445,082
Called up share capital
150
150
Profit and loss account
21,442
444,983
Shareholders' funds
21,592
495,083
For the year ending 31 December 2022 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 director acknowledges his 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 and authorised for issue on 11 September 2023 and were signed on its behalf by
Mr Darren James Lawson
Director
Company Registration No. 05137296
Lawson Holdings (Plymouth) Ltd
Notes to the Accounts
for the year ended 31 December 2022
Lawson Holdings (Plymouth) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05137296. The registered office is 76 Hyde Park Road, Peverell, Plymouth, Devon, PL3 4RG.
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.
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.
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 in equity shares which are publicly traded or where fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Lawson Holdings (Plymouth) Ltd
Notes to the Accounts
for the year ended 31 December 2022
4
Investments
Subsidiary undertakings
Valuation at 1 January 2022
50,001
Fair value adjustments
(45,000)
Valuation at 31 December 2022
5,001
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 (2021: 100%)
Amounts falling due within one year
Amounts due from group undertakings etc.
23,259
338,402
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Creditors: amounts falling due within one year
2022
2021
Taxes and social security
11,196
16,568
Loans from directors
(5,308)
(8,030)
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Average number of employees
During the year the average number of employees was 1 (2021: 2).
