04477537 1.8.12 31.7.13 31.7.13 Company accounts Private Limited Company FY true false true false true false false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044775372012-07-31044775372013-07-31044775372012-08-012013-07-31044775372011-07-31044775372011-08-012012-07-31044775372012-07-3104477537ns14:PoundSterling2012-08-012013-07-3104477537ns7:Director12012-08-012013-07-3104477537ns7:OrdinaryShareClass12012-08-012013-07-3104477537ns7:CompanySecretary2012-08-012013-07-3104477537ns7:RegisteredOffice2012-08-012013-07-3104477537ns7:EntityAccountantsOrAuditors2012-08-012013-07-3104477537ns7:EntityBankers2012-08-012013-07-3104477537ns5:NetGoodwill2012-08-012013-07-3104477537ns5:PlantMachinery2012-08-012013-07-3104477537ns5:FixturesFittings2012-08-012013-07-3104477537ns5:MotorVehicles2012-08-012013-07-3104477537ns5:ComputerEquipment2012-08-012013-07-3104477537ns7:OrdinaryShareClass12013-07-3104477537ns7:OrdinaryShareClass12012-07-3104477537ns7:Director12012-07-3104477537ns7:Director12011-07-3104477537ns7:Director12011-08-012012-07-3104477537ns7:Director12013-07-3104477537ns7:Director12012-07-31
REGISTERED NUMBER: 04477537














W. Lawrence and Son Limited

Abbreviated Unaudited Accounts

For The Year Ended 31 July 2013





W. Lawrence and Son Limited (Registered number: 04477537)






Contents of the Abbreviated Accounts
For The Year Ended 31 July 2013




Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5
W. Lawrence and Son Limited

Company Information
For The Year Ended 31 July 2013







DIRECTOR: G W Corcoran



SECRETARY: Mrs L M Corcoran



REGISTERED OFFICE: 2 West Parade Road
Scarborough
North Yorkshire
YO12 5ED



REGISTERED NUMBER: 04477537



ACCOUNTANTS: Ingham & Co.
Chartered Accountants
George Stanley House
2 West Parade Road
Scarborough
North Yorkshire
YO12 5ED



BANKERS: HSBC Bank plc
33 St Nicholas Street
Scarborough
North Yorkshire
YO11 2HN
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
W. Lawrence and Son Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to seven)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of W. Lawrence and Son Limited for the year ended 31 July 2013 which comprise the Profit and
Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of W. Lawrence and Son Limited in accordance with the terms of our
engagement letter dated 30 March 2010. Our work has been undertaken solely to prepare for your approval the financial
statements of W. Lawrence and Son Limited and state those matters that we have agreed to state to the director of W.
Lawrence and Son Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its
director for our work or for this report.

It is your duty to ensure that W. Lawrence and Son Limited has kept adequate accounting records and to prepare
statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of W.
Lawrence and Son Limited. You consider that W. Lawrence and Son Limited is exempt from the statutory audit
requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of W. Lawrence and Son
Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ingham & Co.
Chartered Accountants
George Stanley House
2 West Parade Road
Scarborough
North Yorkshire
YO12 5ED


17 March 2014
W. Lawrence and Son Limited (Registered number: 04477537)

Abbreviated Balance Sheet
31 July 2013

2013 2012
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 11,703 3,272
11,703 3,272

CURRENT ASSETS
Stocks 1,500 1,000
Debtors 4 26,502 25,383
Cash at bank 301 300
28,303 26,683
CREDITORS
Amounts falling due within one year 5 28,266 29,389
NET CURRENT ASSETS/(LIABILITIES) 37 (2,706 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,740

566

CREDITORS
Amounts falling due after more than one
year

5

(9,350
)
-

PROVISIONS FOR LIABILITIES (2,341 ) (83 )
NET ASSETS 49 483

CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 48 482
SHAREHOLDERS' FUNDS 49 483

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
W. Lawrence and Son Limited (Registered number: 04477537)

Abbreviated Balance Sheet - continued
31 July 2013


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 17 March 2014 and were signed by:





G W Corcoran - Director

W. Lawrence and Son Limited (Registered number: 04477537)

Notes to the Abbreviated Accounts
For The Year Ended 31 July 2013

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have considered the impact of the United Kingdom recession on the company's trading and are
confident that the company will continue to meet its day-to-day liabilities as they fall due and that the going
concern basis is appropriate.

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced work done together with the appropriate proportion of the contract price for
partially completed contracts at the balance sheet date, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business in 2002, has been fully
amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Work in progress in respect of partially completed contracts at the balance sheet date is included within accrued
income in debtors, at the appropriate proportion of the contract price, based on the stage of completion.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.
W. Lawrence and Son Limited (Registered number: 04477537)

Notes to the Abbreviated Accounts - continued
For The Year Ended 31 July 2013

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2012
and 31 July 2013 10,000
AMORTISATION
At 1 August 2012
and 31 July 2013 10,000
NET BOOK VALUE

At 31 July 2013 -
At 31 July 2012 -

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2012 21,087
Additions 14,718
Disposals (19,994 )
At 31 July 2013 15,811
DEPRECIATION
At 1 August 2012 17,815
Charge for year 3,263
Eliminated on disposal (16,970 )
At 31 July 2013 4,108
NET BOOK VALUE
At 31 July 2013 11,703
At 31 July 2012 3,272

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 3,361 (2012 - £ 3,332 )

5. CREDITORS

Creditors include an amount of £ 21,235 (2012 - £ 4,966 ) for which security has been given.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2013 2012
value: £    £   
1 Ordinary £1 1 1
W. Lawrence and Son Limited (Registered number: 04477537)

Notes to the Abbreviated Accounts - continued
For The Year Ended 31 July 2013

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2013 and
31 July 2012:

2013 2012
£    £   
G W Corcoran
Balance outstanding at start of year 13,328 17,260
Amounts advanced 16,771 21,767
Amounts repaid (16,655 ) (25,699 )
Balance outstanding at end of year 13,444 13,328

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.