LINCOLN BINNS LIMITED

Company Registration Number:
01904817 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

LINCOLN BINNS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

LINCOLN BINNS LIMITED

Company Information

for the Period Ended 30 June 2023




Director: J P L Binns
Martyn Buxton
Registered office: 14
The Droveway
Haywards Heath
West Sussex
RH16 1LL
Company Registration Number: 01904817 (England and Wales)

LINCOLN BINNS LIMITED

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

Supply of boxes and mountings for electronic circuit boards

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
J P L Binns
Martyn Buxton

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Martyn Buxton
Status: Director

LINCOLN BINNS LIMITED

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 16,509 22,012
Total fixed assets: 16,509 22,012
Current assets
Stocks: 167,440 148,450
Debtors: 205,656 322,833
Cash at bank and in hand: 99,804 88,054
Total current assets: 472,900 559,337
Creditors: amounts falling due within one year: ( 148,068 ) ( 167,897 )
Net current assets (liabilities): 324,832 391,440
Total assets less current liabilities: 341,341 413,452
Creditors: amounts falling due after more than one year: ( 45,827 ) ( 133,520 )
Provision for liabilities: ( 2,890 ) ( 3,602 )
Total net assets (liabilities): 292,624 276,330

The notes form part of these financial statements

LINCOLN BINNS LIMITED

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 23,700 23,700
Profit and loss account: 268,924 252,630
Shareholders funds: 292,624 276,330

For the year ending 30 June 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 September 2023
And Signed On Behalf Of The Board By:

Name: Martyn Buxton
Status: Director

The notes form part of these financial statements

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 11 11

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

LINCOLN BINNS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 264,221
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2023 264,221
Depreciation
At 01 July 2022 242,209
Charge for year 5,503
On disposals -
Other adjustments -
At 30 June 2023 247,712
Net book value
At 30 June 2023 16,509
At 30 June 2022 22,012