IRIS Accounts Production v22.1.4.3 09309101 Board of Directors 1.12.20 30.11.21 30.11.21 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure093091012020-11-30093091012021-11-30093091012020-12-012021-11-30093091012019-11-30093091012019-12-012020-11-30093091012020-11-3009309101ns16:EnglandWales2020-12-012021-11-3009309101ns15:PoundSterling2020-12-012021-11-3009309101ns11:Director12020-12-012021-11-3009309101ns11:PrivateLimitedCompanyLtd2020-12-012021-11-3009309101ns11:SmallEntities2020-12-012021-11-3009309101ns11:AuditExempt-NoAccountantsReport2020-12-012021-11-3009309101ns11:SmallCompaniesRegimeForDirectorsReport2020-12-012021-11-3009309101ns11:SmallCompaniesRegimeForAccounts2020-12-012021-11-3009309101ns11:AbridgedAccounts2020-12-012021-11-3009309101ns11:Director42020-12-012021-11-3009309101ns11:RegisteredOffice2020-12-012021-11-3009309101ns6:CurrentFinancialInstruments2021-11-3009309101ns6:CurrentFinancialInstruments2020-11-3009309101ns6:ShareCapital2021-11-3009309101ns6:ShareCapital2020-11-3009309101ns6:RetainedEarningsAccumulatedLosses2021-11-3009309101ns6:RetainedEarningsAccumulatedLosses2020-11-3009309101ns6:PlantMachinery2020-12-012021-11-30
REGISTERED NUMBER: 09309101 (England and Wales)















Financial Statements For The Year Ended 30 November 2021

for

Linden House Developments Limited

Linden House Developments Limited (Registered number: 09309101)






Contents of the Financial Statements
For The Year Ended 30 November 2021




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Linden House Developments Limited

Company Information
For The Year Ended 30 November 2021







DIRECTORS: A N McLean
C A C Newitt





REGISTERED OFFICE: c/o Flint Accounting
6 Marlborough Place
Brighton
BN1 1UB





REGISTERED NUMBER: 09309101 (England and Wales)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Linden House Developments Limited (Registered number: 09309101)

Abridged Statement of Financial Position
30 November 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 299

CURRENT ASSETS
Stocks 777,270 767,793
Cash at bank 1,253 381
778,523 768,174
CREDITORS
Amounts falling due within one year 790,879 779,143
NET CURRENT LIABILITIES (12,356 ) (10,969 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,356

)

(10,670

)

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (12,556 ) (10,870 )
(12,356 ) (10,670 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Linden House Developments Limited (Registered number: 09309101)

Abridged Statement of Financial Position - continued
30 November 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 30 November 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2022 and were signed on its behalf by:





C A C Newitt - Director


Linden House Developments Limited (Registered number: 09309101)

Notes to the Financial Statements
For The Year Ended 30 November 2021

1. STATUTORY INFORMATION

Linden House Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

In accordance with their responsibilities as directors, the directors have considered the appropriateness of the going concern basis for the preparation of the financial statements. The company relies on extended credit and loans from other creditors and the directors have sought assurances from these creditors that the extended credit afforded to the company will not be withdrawn within a period of 12 months from the signing of the accounts. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixed plant and equipment - 25% on reducing balance

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Linden House Developments Limited (Registered number: 09309101)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2020 1,680
Disposals (1,680 )
At 30 November 2021 -
DEPRECIATION
At 1 December 2020 1,381
Charge for year 75
Eliminated on disposal (1,456 )
At 30 November 2021 -
NET BOOK VALUE
At 30 November 2021 -
At 30 November 2020 299

5. RELATED PARTY DISCLOSURES

Included within other creditors due within one year is a loan from Mr M Hibbert and Mr P Lewry amounting to £789,200
(2020: £778,200).