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REGISTERED NUMBER: 08412925 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Lynxforce Protection Services Ltd

Lynxforce Protection Services Ltd (Registered number: 08412925)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lynxforce Protection Services Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: J Nafees





REGISTERED OFFICE: 124 City Road
London
EC1V 2NX





REGISTERED NUMBER: 08412925 (England and Wales)





ACCOUNTANTS: Alis Accountants Limited
The Lansdowne Building
2 Lansdowne Road
Croydon
CR9 2ER

Lynxforce Protection Services Ltd (Registered number: 08412925)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 103 137

CURRENT ASSETS
Debtors 5 131,428 112,480
Cash at bank 28,726 2,658
160,154 115,138
CREDITORS
Amounts falling due within one year 6 132,813 71,121
NET CURRENT ASSETS 27,341 44,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,444

44,154

CREDITORS
Amounts falling due after more than
one year

7

17,088

44,023
NET ASSETS 10,356 131

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 10,256 31
SHAREHOLDERS' FUNDS 10,356 131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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.

Lynxforce Protection Services Ltd (Registered number: 08412925)

Balance Sheet - continued
28 February 2023


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

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

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





J Nafees - Director


Lynxforce Protection Services Ltd (Registered number: 08412925)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Lynxforce Protection Services Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 15 ) .

Lynxforce Protection Services Ltd (Registered number: 08412925)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022
and 28 February 2023 1,085
DEPRECIATION
At 1 March 2022 948
Charge for year 34
At 28 February 2023 982
NET BOOK VALUE
At 28 February 2023 103
At 28 February 2022 137

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 74,477 88,715
Other debtors 2,400 15,540
Directors' current accounts - 8,225
Prepayments and accrued income 54,551 -
131,428 112,480

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 10,638 -
Trade creditors 33 34
Tax 11,261 3,579
Social security and other taxes 2,544 4,548
VAT 46,807 44,854
Other creditors 174 335
Directors' current accounts 93 -
Accruals and deferred income 61,263 17,771
132,813 71,121

Lynxforce Protection Services Ltd (Registered number: 08412925)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 2-5 years 17,088 -
Bank loans more 5 yr by instal - 44,023
17,088 44,023

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 44,023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
J Nafees
Balance outstanding at start of year 8,225 18,187
Amounts advanced - 60,411
Amounts repaid (8,318 ) (70,373 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (93 ) 8,225

At the reporting date directors' current accounts balance was Credit £93 (2022: Debit £8,225).