EC LINCOLN LTD

Company Registration Number:
11253786 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

EC LINCOLN LTD

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

EC LINCOLN LTD

Balance sheet

As at 31 March 2021


Notes

2021

2020


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 50,000 20,000
Tangible assets: 4 71,850 38,600
Investments: 5 1,895,500 1,667,500
Total fixed assets: 2,017,350 1,726,100
Current assets
Stocks: 915,750 11,290
Debtors:   0 4,850
Cash at bank and in hand: 342,519 109,412
Investments:   185,700 261,000
Total current assets: 1,443,969 386,552
Creditors: amounts falling due within one year:     (183,718)
Net current assets (liabilities): 1,443,969 202,834
Total assets less current liabilities: 3,461,319 1,928,934
Creditors: amounts falling due after more than one year:     (1,210,800)
Provision for liabilities: (35,000) (30,000)
Total net assets (liabilities): 3,426,319 688,134
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 2,402,804
Profit and loss account: 1,022,515 687,134
Shareholders funds: 3,426,319 688,134

The notes form part of these financial statements

EC LINCOLN LTD

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 September 2021
and signed on behalf of the board by:

Name: Evan Morris
Status: Director

The notes form part of these financial statements

EC LINCOLN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EC LINCOLN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 11 4

EC LINCOLN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 20,000
Additions 30,000
At 31 March 2021 50,000
Net book value
At 31 March 2021 50,000
At 31 March 2020 20,000

EC LINCOLN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 38,600
Additions 49,462
Disposals (16,212)
At 31 March 2021 71,850
Net book value
At 31 March 2021 71,850
At 31 March 2020 38,600

EC LINCOLN LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Fixed investments

Purchase of new equipment