1 April 2022 false No description of principal activity Taxfiler 2023.10 11870074business:PrivateLimitedCompanyLtd2022-04-012023-03-31 118700742022-03-31 118700742022-04-012023-03-31 11870074business:AuditExemptWithAccountantsReport2022-04-012023-03-31 11870074business:FilletedAccounts2022-04-012023-03-31 118700742023-03-31 11870074business:Director12022-04-012023-03-31 11870074business:Director22022-04-012023-03-31 11870074business:RegisteredOffice2022-04-012023-03-31 118700742022-03-31 11870074core:WithinOneYear2023-03-31 11870074core:WithinOneYear2022-03-31 11870074core:AfterOneYear2023-03-31 11870074core:AfterOneYear2022-03-31 11870074core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11870074core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11870074core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11870074core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11870074core:PreviouslyStatedAmount2023-03-31 11870074core:PreviouslyStatedAmount2022-03-31 11870074business:SmallEntities2022-04-012023-03-31 11870074countries:EnglandWales2022-04-012023-03-31 11870074core:PlantMachinery2022-04-012023-03-31 11870074core:Goodwill2022-03-31 11870074core:Goodwill2023-03-31 11870074core:Goodwill2022-04-012023-03-31 11870074core:PlantMachinery2022-03-31 11870074core:ComputerEquipment2022-03-31 11870074core:ComputerEquipment2022-04-012023-03-31 11870074core:PlantMachinery2023-03-31 11870074core:ComputerEquipment2023-03-31 118700742021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11870074 (England and Wales)
LYNESTONE CONSTRUCTION LIMITED Unaudited accounts for the year ended 31 March 2023
LYNESTONE CONSTRUCTION LIMITED Unaudited accounts Contents
Page
- 2 -
LYNESTONE CONSTRUCTION LIMITED Company Information for the year ended 31 March 2023
Directors
Ross Hays Christopher Paul Jarrett
Company Number
11870074 (England and Wales)
Registered Office
6 THE ROUGHS NORTHWOOD MIDDLESEX HA6 3DF UNITED KINGDOM
- 3 -
LYNESTONE CONSTRUCTION LIMITED Accountants' report
Accountants' report to the board of directors of LYNESTONE CONSTRUCTION LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of LYNESTONE CONSTRUCTION LIMITED for the year ended 31 March 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of LYNESTONE CONSTRUCTION LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of LYNESTONE CONSTRUCTION LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LYNESTONE CONSTRUCTION LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that LYNESTONE CONSTRUCTION LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of LYNESTONE CONSTRUCTION LIMITED. You consider that LYNESTONE CONSTRUCTION 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 accounts of LYNESTONE CONSTRUCTION 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 accounts.
27 October 2023
- 4 -
LYNESTONE CONSTRUCTION LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,300 
12,400 
Tangible assets
6,340 
8,000 
15,640 
20,400 
Current assets
Debtors
13,930 
7,689 
Cash at bank and in hand
2,706 
1,949 
16,636 
9,638 
Creditors: amounts falling due within one year
(31,748)
(7,355)
Net current (liabilities)/assets
(15,112)
2,283 
Total assets less current liabilities
528 
22,683 
Creditors: amounts falling due after more than one year
- 
(21,667)
Net assets
528 
1,016 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
428 
916 
Shareholders' funds
528 
1,016 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by
Ross Hays Director Company Registration No. 11870074
- 5 -
LYNESTONE CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
LYNESTONE CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11870074. The registered office is 6 THE ROUGHS, NORTHWOOD, MIDDLESEX, HA6 3DF, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is Amortised for 5 years(20% Straight Line)
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
15,500 
At 31 March 2023
15,500 
Amortisation
At 1 April 2022
3,100 
Charge for the year
3,100 
At 31 March 2023
6,200 
Net book value
At 31 March 2023
9,300 
At 31 March 2022
12,400 
- 6 -
LYNESTONE CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
10,000 
- 
10,000 
Additions
- 
454 
454 
At 31 March 2023
10,000 
454 
10,454 
Depreciation
At 1 April 2022
2,000 
- 
2,000 
Charge for the year
2,000 
114 
2,114 
At 31 March 2023
4,000 
114 
4,114 
Net book value
At 31 March 2023
6,000 
340 
6,340 
At 31 March 2022
8,000 
- 
8,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,065 
7,689 
Other debtors
865 
- 
13,930 
7,689 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,083 
- 
VAT
10,576 
443 
Trade creditors
10,835 
- 
Taxes and social security
(14,638)
(15,592)
Other creditors
7,892 
18,206 
Loans from directors
- 
4,298 
31,748 
7,355 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
21,667 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -